2022
Exports
$22.9MWorld Rnk 35 / 203
Flag Rnk 398 / 1206
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$46.4MWorld Rnk 30 / 225
Flag Rnk 392 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $22.9M in Other Wood Articles, making it the 35th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 398th most exported product in Hungary. The main destination of Other Wood Articles exports from Hungary are: France ($5.14M), Romania ($3.26M), Germany ($2.02M), Slovakia ($1.7M), and Switzerland ($1.63M).

The fastest growing export markets for Other Wood Articles of Hungary between 2021 and 2022 were France ($524k), Slovakia ($446k), and Denmark ($359k).

Imports In 2022, Hungary imported $46.4M in Other Wood Articles, becoming the 30th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 392nd most imported product in Hungary. Hungary imports Other Wood Articles primarily from: Germany ($15.7M), Poland ($8.08M), China ($3.59M), Netherlands ($2.83M), and Czechia ($2.26M).

The fastest growing import markets in Other Wood Articles for Hungary between 2021 and 2022 were China ($1.67M), Germany ($1.63M), and Netherlands ($1.58M).

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 Wood Articles. 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)$22.9M
IMPORTS (2022)$46.4M
NET TRADE (2022)-$23.6M

In 2022, Hungary exported $22.9M in Other Wood Articles. The main destinations of Hungary exports on Other Wood Articles were France ($5.14M), Romania ($3.26M), Germany ($2.02M), Slovakia ($1.7M), and Switzerland ($1.63M).

In 2022, Hungary imported $46.4M in Other Wood Articles, mainly from Germany ($15.7M), Poland ($8.08M), China ($3.59M), Netherlands ($2.83M), and Czechia ($2.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
France$524k (11.4%)
Slovakia$446k (35.6%)
Denmark$359k (48.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Hungary WERE (2021 - 2022):
China-$474k (-64.3%)
Switzerland-$279k (-14.6%)
Romania-$167k (-4.87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Wood Articles were:
China $4.03B
In 2022, Hungary's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.66M
TOP IMPORT POTENTIALChina+ $4.09M

Other Wood Articles’s highest export potential is Germany. With an export gap of $1.66M.   Other Wood Articles’s highest import potential is China with an import gap of $4.09M.

See methodology.

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