2022
Exports
$274MWorld Rnk 55 / 226
Flag Rnk 47 / 96
2022
PRODUCT COMPLEXITY IN Non-knitted clothing accesories
-0.62Rnk 737 / 1025
2022
Imports
$704MWorld Rnk 49 / 226
Flag Rnk 32 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $274M in Non-knitted clothing accesories, making it the 55th largest exporter of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 47th most exported product in Hungary. The main destination of Non-knitted clothing accesories exports from Hungary are: Germany ($40.2M), Romania ($37.2M), Italy ($27.1M), Austria ($24.6M), and Czechia ($14.6M).

The fastest growing export markets for Non-knitted clothing accesories of Hungary between 2021 and 2022 were Romania ($6.66M), Austria ($4.43M), and Czechia ($3.54M).

Imports In 2022, Hungary imported $704M in Non-knitted clothing accesories, becoming the 49th largest importer of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 32nd most imported product in Hungary. Hungary imports Non-knitted clothing accesories primarily from: Germany ($135M), Poland ($96.5M), Spain ($67.2M), Slovakia ($52.5M), and China ($52.2M).

The fastest growing import markets in Non-knitted clothing accesories for Hungary between 2021 and 2022 were Germany ($16.1M), Netherlands ($15.6M), and France ($10.6M).

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 Non-knitted clothing accesories. 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)$274M
IMPORTS (2022)$704M
NET TRADE (2022)-$431M

In 2022, Hungary exported $274M in Non-knitted clothing accesories. The main destinations of Hungary exports on Non-knitted clothing accesories were Germany ($40.2M), Romania ($37.2M), Italy ($27.1M), Austria ($24.6M), and Czechia ($14.6M).

In 2022, Hungary imported $704M in Non-knitted clothing accesories, mainly from Germany ($135M), Poland ($96.5M), Spain ($67.2M), Slovakia ($52.5M), and China ($52.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-knitted clothing accesories EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$6.66M (21.8%)
Austria$4.43M (21.9%)
Czechia$3.54M (32.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-knitted clothing accesories BY Hungary WERE (2021 - 2022):
Italy-$7.2M (-21%)
Germany-$7.09M (-15%)
Slovakia-$2.75M (-20.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Non-knitted clothing accesories were:
In 2022, Hungary's main importing competitors in Non-knitted clothing accesories were:

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Trade Value of Non-knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.5M
TOP IMPORT POTENTIALChina+ $48.3M

Non-knitted clothing accesories’s highest export potential is United States. With an export gap of $21.5M.   Non-knitted clothing accesories’s highest import potential is China with an import gap of $48.3M.

See methodology.

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