2022
Exports
$225MWorld Rnk 14 / 126
Flag Rnk 120 / 1206
2022
PRODUCT COMPLEXITY IN Other Vegetable Residues
-1.23Rnk 885 / 1025
2022
Imports
$47.7MWorld Rnk 32 / 190
Flag Rnk 386 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $225M in Other Vegetable Residues, making it the 14th largest exporter of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 120th most exported product in Hungary. The main destination of Other Vegetable Residues exports from Hungary are: Italy ($75.9M), Germany ($55.9M), Austria ($22.9M), Croatia ($13.7M), and Norway ($10.7M).

The fastest growing export markets for Other Vegetable Residues of Hungary between 2021 and 2022 were Italy ($27.6M), Germany ($19.1M), and Austria ($9.19M).

Imports In 2022, Hungary imported $47.7M in Other Vegetable Residues, becoming the 32nd largest importer of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 386th most imported product in Hungary. Hungary imports Other Vegetable Residues primarily from: Romania ($10.7M), Austria ($9.73M), Slovakia ($8.3M), Ukraine ($6.44M), and Poland ($5.4M).

The fastest growing import markets in Other Vegetable Residues for Hungary between 2021 and 2022 were Ukraine ($6.26M), Poland ($4.75M), and Slovakia ($4.36M).

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 Vegetable Residues. 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)$225M
IMPORTS (2022)$47.7M
NET TRADE (2022)$177M

In 2022, Hungary exported $225M in Other Vegetable Residues. The main destinations of Hungary exports on Other Vegetable Residues were Italy ($75.9M), Germany ($55.9M), Austria ($22.9M), Croatia ($13.7M), and Norway ($10.7M).

In 2022, Hungary imported $47.7M in Other Vegetable Residues, mainly from Romania ($10.7M), Austria ($9.73M), Slovakia ($8.3M), Ukraine ($6.44M), and Poland ($5.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$27.6M (57.1%)
Germany$19.1M (51.9%)
Austria$9.19M (67.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues BY Hungary WERE (2021 - 2022):
Norway-$12.6M (-54.2%)
Serbia-$1.66M (-64.2%)
Slovenia-$1.62M (-27.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Vegetable Residues by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $3.01M
TOP IMPORT POTENTIALUkraine+ $4.08M

Other Vegetable Residues’s highest export potential is Netherlands. With an export gap of $3.01M.   Other Vegetable Residues’s highest import potential is Ukraine with an import gap of $4.08M.

See methodology.

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