2022
Exports
$1.52BWorld Rnk 22 / 226
Flag Rnk 18 / 1206
2022
PRODUCT COMPLEXITY IN Other Plastic Products
0.78Rnk 253 / 1025
2022
Imports
$1.43BWorld Rnk 27 / 226
Flag Rnk 22 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.52B 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 18th most exported product in Hungary. The main destination of Other Plastic Products exports from Hungary are: Germany ($341M), United Kingdom ($128M), France ($104M), United States ($85.3M), and Italy ($76.4M).

The fastest growing export markets for Other Plastic Products of Hungary between 2021 and 2022 were Belgium ($14.8M), Russia ($11.8M), and Italy ($9.48M).

Imports In 2022, Hungary imported $1.43B in Other Plastic Products, becoming the 27th largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 22nd most imported product in Hungary. Hungary imports Other Plastic Products primarily from: Germany ($457M), China ($149M), Austria ($131M), Poland ($92.8M), and Czechia ($72.6M).

The fastest growing import markets in Other Plastic Products for Hungary between 2021 and 2022 were Germany ($36.1M), China ($18.4M), and United States ($17.8M).

COMPANIES In 2023, leading companies such as Robert Bosch (10) were at the forefront of shipping Other Plastic Products from Hungary to the United States.

Latest Trends

Oct 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 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 (2022)$1.52B
IMPORTS (2022)$1.43B
NET TRADE (2022)$98.4M

In 2022, Hungary exported $1.52B in Other Plastic Products. The main destinations of Hungary exports on Other Plastic Products were Germany ($341M), United Kingdom ($128M), France ($104M), United States ($85.3M), and Italy ($76.4M).

In 2022, Hungary imported $1.43B in Other Plastic Products, mainly from Germany ($457M), China ($149M), Austria ($131M), Poland ($92.8M), and Czechia ($72.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Belgium$14.8M (60.4%)
Russia$11.8M (119%)
Italy$9.48M (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY Hungary WERE (2021 - 2022):
France-$18.8M (-15.3%)
Austria-$18M (-25%)
United Kingdom-$14.6M (-10.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Plastic Products were:
In 2022, 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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