2022
Exports
$8.55MWorld Rnk 36 / 200
Flag Rnk 572 / 1206
2022
PRODUCT COMPLEXITY IN Other Non-Knit Clothing Accessories
-0.62Rnk 737 / 1025
2022
Imports
$7.88MWorld Rnk 58 / 222
Flag Rnk 736 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $8.55M in Other Non-Knit Clothing Accessories, making it the 36th largest exporter of Other Non-Knit Clothing Accessories in the world. At the same year, Other Non-Knit Clothing Accessories was the 572nd most exported product in Hungary. The main destination of Other Non-Knit Clothing Accessories exports from Hungary are: Germany ($2.84M), Spain ($700k), Romania ($693k), United Kingdom ($377k), and Bulgaria ($327k).

The fastest growing export markets for Other Non-Knit Clothing Accessories of Hungary between 2021 and 2022 were Germany ($714k), United Kingdom ($291k), and Austria ($140k).

Imports In 2022, Hungary imported $7.88M in Other Non-Knit Clothing Accessories, becoming the 58th largest importer of Other Non-Knit Clothing Accessories in the world. At the same year, Other Non-Knit Clothing Accessories was the 736th most imported product in Hungary. Hungary imports Other Non-Knit Clothing Accessories primarily from: Austria ($1.82M), Germany ($1.49M), Italy ($1.18M), China ($1.16M), and Poland ($595k).

The fastest growing import markets in Other Non-Knit Clothing Accessories for Hungary between 2021 and 2022 were Austria ($939k), China ($362k), and Poland ($168k).

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 Other Non-Knit Clothing Accessories. 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)$8.55M
IMPORTS (2022)$7.88M
NET TRADE (2022)$662k

In 2022, Hungary exported $8.55M in Other Non-Knit Clothing Accessories. The main destinations of Hungary exports on Other Non-Knit Clothing Accessories were Germany ($2.84M), Spain ($700k), Romania ($693k), United Kingdom ($377k), and Bulgaria ($327k).

In 2022, Hungary imported $7.88M in Other Non-Knit Clothing Accessories, mainly from Austria ($1.82M), Germany ($1.49M), Italy ($1.18M), China ($1.16M), and Poland ($595k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Non-Knit Clothing Accessories EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$714k (33.6%)
United Kingdom$291k (339%)
Austria$140k (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Knit Clothing Accessories BY Hungary WERE (2021 - 2022):
Spain-$471k (-40.2%)
Croatia-$216k (-51.6%)
Hong Kong-$193k (-85.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Non-Knit Clothing Accessories were:
In 2022, Hungary's main importing competitors in Other Non-Knit Clothing Accessories were:

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Trade Value of Other Non-Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $263k
TOP IMPORT POTENTIALChina+ $530k

Other Non-Knit Clothing Accessories’s highest export potential is United States. With an export gap of $263k.   Other Non-Knit Clothing Accessories’s highest import potential is China with an import gap of $530k.

See methodology.

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