2022
Exports
$211MWorld Rnk 22 / 208
Flag Rnk 126 / 1206
2022
PRODUCT COMPLEXITY IN Other Engines
0.83Rnk 234 / 1025
2022
Imports
$118MWorld Rnk 40 / 223
Flag Rnk 216 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $211M in Other Engines, making it the 22nd largest exporter of Other Engines in the world. At the same year, Other Engines was the 126th most exported product in Hungary. The main destination of Other Engines exports from Hungary are: Germany ($88.2M), Austria ($59.4M), Belgium ($9.64M), United States ($7.08M), and France ($6.54M).

The fastest growing export markets for Other Engines of Hungary between 2021 and 2022 were United States ($2.07M), Turkey ($1.76M), and Luxembourg ($1.05M).

Imports In 2022, Hungary imported $118M in Other Engines, becoming the 40th largest importer of Other Engines in the world. At the same year, Other Engines was the 216th most imported product in Hungary. Hungary imports Other Engines primarily from: Germany ($56.3M), China ($7.59M), Austria ($6.48M), Slovakia ($5.37M), and Poland ($4.78M).

The fastest growing import markets in Other Engines for Hungary between 2021 and 2022 were China ($2.88M), Bulgaria ($1.98M), and India ($1.84M).

Latest Trends

Sep 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 Other Engines. 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)$211M
IMPORTS (2022)$118M
NET TRADE (2022)$93.5M

In 2022, Hungary exported $211M in Other Engines. The main destinations of Hungary exports on Other Engines were Germany ($88.2M), Austria ($59.4M), Belgium ($9.64M), United States ($7.08M), and France ($6.54M).

In 2022, Hungary imported $118M in Other Engines, mainly from Germany ($56.3M), China ($7.59M), Austria ($6.48M), Slovakia ($5.37M), and Poland ($4.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$2.07M (41.4%)
Turkey$1.76M (189%)
Luxembourg$1.05M (19.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Hungary WERE (2021 - 2022):
Germany-$13.9M (-13.6%)
Czechia-$8.15M (-74.6%)
Austria-$4.37M (-6.85%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Engines were:
In 2022, Hungary's main importing competitors in Other Engines were:

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.5M
TOP IMPORT POTENTIALChina+ $7.01M

Other Engines’s highest export potential is United States. With an export gap of $13.5M.   Other Engines’s highest import potential is China with an import gap of $7.01M.

See methodology.

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