2022
Exports
$1.3MWorld Rnk 41 / 97
Flag Rnk 875 / 1206
2022
PRODUCT COMPLEXITY IN Nickel Bars
1.16Rnk 113 / 1025
2022
Imports
$7.85MWorld Rnk 39 / 170
Flag Rnk 738 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.3M in Nickel Bars, making it the 41st largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 875th most exported product in Hungary. The main destination of Nickel Bars exports from Hungary are: Poland ($1.02M), Belarus ($100k), Czechia ($71.1k), United Kingdom ($42k), and Netherlands ($25.4k).

The fastest growing export markets for Nickel Bars of Hungary between 2021 and 2022 were Poland ($1.02M), Belarus ($100k), and United Kingdom ($39.2k).

Imports In 2022, Hungary imported $7.85M in Nickel Bars, becoming the 39th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 738th most imported product in Hungary. Hungary imports Nickel Bars primarily from: Germany ($3.14M), United States ($2.29M), Austria ($931k), Netherlands ($573k), and Belgium ($259k).

The fastest growing import markets in Nickel Bars for Hungary between 2021 and 2022 were Germany ($1.56M), Austria ($628k), and Netherlands ($251k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nickel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.3M
IMPORTS (2022)$7.85M
NET TRADE (2022)-$6.54M

In 2022, Hungary exported $1.3M in Nickel Bars. The main destinations of Hungary exports on Nickel Bars were Poland ($1.02M), Belarus ($100k), Czechia ($71.1k), United Kingdom ($42k), and Netherlands ($25.4k).

In 2022, Hungary imported $7.85M in Nickel Bars, mainly from Germany ($3.14M), United States ($2.29M), Austria ($931k), Netherlands ($573k), and Belgium ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Poland$1.02M (1%)
Belarus$100k (1%)
United Kingdom$39.2k (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY Hungary WERE (2021 - 2022):
Austria-$315k (-100%)
Sweden-$80.8k (-100%)
Croatia-$18k (-68.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Nickel Bars were:
In 2022, Hungary's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $72.6k
TOP IMPORT POTENTIALAustria+ $497k

Nickel Bars’s highest export potential is United Kingdom. With an export gap of $72.6k.   Nickel Bars’s highest import potential is Austria with an import gap of $497k.

See methodology.

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