2022
Exports
$181MWorld Rnk 45 / 217
Flag Rnk 54 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$647MWorld Rnk 37 / 225
Flag Rnk 35 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $181M in Paints, dyes, & varnishes, making it the 45th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 54th most exported product in Hungary. The main destination of Paints, dyes, & varnishes exports from Hungary are: Romania ($26.5M), Slovakia ($21.9M), Austria ($13.2M), Czechia ($12.9M), and Croatia ($9.72M).

The fastest growing export markets for Paints, dyes, & varnishes of Hungary between 2021 and 2022 were Slovenia ($2.75M), Romania ($2.46M), and Austria ($2.07M).

Imports In 2022, Hungary imported $647M in Paints, dyes, & varnishes, becoming the 37th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 35th most imported product in Hungary. Hungary imports Paints, dyes, & varnishes primarily from: Germany ($198M), Poland ($60.4M), Italy ($60.3M), Austria ($49.5M), and Netherlands ($46.9M).

The fastest growing import markets in Paints, dyes, & varnishes for Hungary between 2021 and 2022 were Poland ($5.54M), Spain ($2.04M), and Romania ($1.57M).

Latest Trends

Jul 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 Paints, dyes, & varnishes. 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)$181M
IMPORTS (2022)$647M
NET TRADE (2022)-$466M

In 2022, Hungary exported $181M in Paints, dyes, & varnishes. The main destinations of Hungary exports on Paints, dyes, & varnishes were Romania ($26.5M), Slovakia ($21.9M), Austria ($13.2M), Czechia ($12.9M), and Croatia ($9.72M).

In 2022, Hungary imported $647M in Paints, dyes, & varnishes, mainly from Germany ($198M), Poland ($60.4M), Italy ($60.3M), Austria ($49.5M), and Netherlands ($46.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovenia$2.75M (40.1%)
Romania$2.46M (10.2%)
Austria$2.07M (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Hungary WERE (2021 - 2022):
Czechia-$3.36M (-20.7%)
Germany-$2.33M (-21.9%)
Netherlands-$2.12M (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Hungary's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $8.02M
TOP IMPORT POTENTIALAustria+ $9.76M

Paints, dyes, & varnishes’s highest export potential is Germany. With an export gap of $8.02M.   Paints, dyes, & varnishes’s highest import potential is Austria with an import gap of $9.76M.

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