2023
Exports
$1.48BWorld Rnk 22 / 225
Flag Rnk 17 / 1203
2023
PRODUCT COMPLEXITY IN Other Plastic Products
0.82Rnk 245 / 1025
2023
Imports
$1.42BWorld Rnk 26 / 226
Flag Rnk 21 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $1.48B in Other Plastic Products, making it the 22nd largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 17th most exported product in Hungary. The main destination of Other Plastic Products exports from Hungary are: Germany ($296M), United States ($133M), France ($125M), United Kingdom ($120M), and Italy ($106M).

The fastest growing export markets for Other Plastic Products of Hungary between 2022 and 2023 were Italy ($22.1M), United States ($18.9M), and Czechia ($16.6M).

Imports In 2023, Hungary imported $1.42B in Other Plastic Products, becoming the 26th largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 21st most imported product in Hungary. Hungary imports Other Plastic Products primarily from: Germany ($442M), China ($132M), Austria ($117M), Slovakia ($95.2M), and Poland ($85.6M).

The fastest growing import markets in Other Plastic Products for Hungary between 2022 and 2023 were Bulgaria ($20.8M), Slovakia ($12.1M), and Costa Rica ($8.92M).

Latest Trends

Jan 2025

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 Plastic Products. 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)$1.48B
IMPORTS (2023)$1.42B
NET TRADE (2023)$57.8M

In 2023, Hungary exported $1.48B in Other Plastic Products. The main destinations of Hungary exports on Other Plastic Products were Germany ($296M), United States ($133M), France ($125M), United Kingdom ($120M), and Italy ($106M).

In 2023, Hungary imported $1.42B in Other Plastic Products, mainly from Germany ($442M), China ($132M), Austria ($117M), Slovakia ($95.2M), and Poland ($85.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Italy$22.1M (26.3%)
United States$18.9M (16.6%)
Czechia$16.6M (28.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY Hungary WERE (2022 - 2023):
Russia-$9.23M (-42.5%)
China-$8.07M (-14%)
Belgium-$3.79M (-25%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Other Plastic Products were:
In 2023, Hungary's main importing competitors in Other Plastic Products were:

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Trade Value of Other Plastic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.5M
TOP IMPORT POTENTIALChina+ $71.2M

Other Plastic Products’s highest export potential is United States. With an export gap of $38.5M.   Other Plastic Products’s highest import potential is China with an import gap of $71.2M.

See methodology.

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