2023
Exports
$263MWorld Rnk 5 / 172
Flag Rnk 98 / 1203
2023
PRODUCT COMPLEXITY IN Other Office Machines
1.08Rnk 153 / 1025
2023
Imports
$15.9MWorld Rnk 54 / 215
Flag Rnk 582 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $263M in Other Office Machines, making it the 5th largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 98th most exported product in Hungary. The main destination of Other Office Machines exports from Hungary are: France ($42.1M), Germany ($37M), United States ($29.2M), Turkey ($17.5M), and Spain ($13.5M).

The fastest growing export markets for Other Office Machines of Hungary between 2022 and 2023 were Germany ($9.94M), China ($5.53M), and Spain ($5.03M).

Imports In 2018, Hungary imported $15.9M in Other Office Machines, becoming the 54th largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 582nd most imported product in Hungary. Hungary imports Other Office Machines primarily from: China ($6.39M), Germany ($5.4M), Slovakia ($748k), Philippines ($544k), and France ($493k).

The fastest growing import markets in Other Office Machines for Hungary between 2022 and 2023 were Slovakia ($645k), France ($426k), and Germany ($391k).

Latest Trends

Dec 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 Office Machines. 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 (2023)$263M
IMPORTS (2023)$15.9M
NET TRADE (2023)$247M

In 2023, Hungary exported $263M in Other Office Machines. The main destinations of Hungary exports on Other Office Machines were France ($42.1M), Germany ($37M), United States ($29.2M), Turkey ($17.5M), and Spain ($13.5M).

In 2023, Hungary imported $15.9M in Other Office Machines, mainly from China ($6.39M), Germany ($5.4M), Slovakia ($748k), Philippines ($544k), and France ($493k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Germany$9.94M (36.7%)
China$5.53M (1%)
Spain$5.03M (59.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Hungary WERE (2022 - 2023):
Turkey-$11.8M (-40.3%)
United Kingdom-$10.6M (-68.6%)
Italy-$9.91M (-74.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Other Office Machines were:
China $1.19B
India $433M
In 2023, Hungary's main importing competitors in Other Office Machines were:

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Trade Value of Other Office Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.58M
TOP IMPORT POTENTIALChina+ $1.21M

Other Office Machines’s highest export potential is United States. With an export gap of $8.58M.   Other Office Machines’s highest import potential is China with an import gap of $1.21M.

See methodology.

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