2022
Exports
$710kWorld Rnk 54 / 161
Flag Rnk 933 / 1206
2022
PRODUCT COMPLEXITY IN Pearl Products
-0.51Rnk 707 / 1025
2022
Imports
$5MWorld Rnk 38 / 200
Flag Rnk 820 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $710k in Pearl Products, making it the 54th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 933rd most exported product in Hungary. The main destination of Pearl Products exports from Hungary are: Slovakia ($122k), Romania ($103k), Austria ($102k), Czechia ($90.3k), and Bulgaria ($55.6k).

The fastest growing export markets for Pearl Products of Hungary between 2021 and 2022 were Austria ($98.1k), Bulgaria ($31.4k), and Slovakia ($23.4k).

Imports In 2022, Hungary imported $5M in Pearl Products, becoming the 38th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 820th most imported product in Hungary. Hungary imports Pearl Products primarily from: Austria ($2.06M), Czechia ($1.14M), Germany ($499k), Poland ($341k), and Belgium ($310k).

The fastest growing import markets in Pearl Products for Hungary between 2021 and 2022 were Czechia ($1.11M), Belgium ($310k), and Madagascar ($89.6k).

Latest Trends

Nov 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 Pearl 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)$710k
IMPORTS (2022)$5M
NET TRADE (2022)-$4.29M

In 2022, Hungary exported $710k in Pearl Products. The main destinations of Hungary exports on Pearl Products were Slovakia ($122k), Romania ($103k), Austria ($102k), Czechia ($90.3k), and Bulgaria ($55.6k).

In 2022, Hungary imported $5M in Pearl Products, mainly from Austria ($2.06M), Czechia ($1.14M), Germany ($499k), Poland ($341k), and Belgium ($310k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$98.1k (2.31k%)
Bulgaria$31.4k (130%)
Slovakia$23.4k (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Hungary WERE (2021 - 2022):
Kuwait-$33.2k (-100%)
Serbia-$23.2k (-60.3%)
Greece-$13.2k (-27.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Pearl Products were:
In 2022, Hungary's main importing competitors in Pearl Products were:

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $74.5k
TOP IMPORT POTENTIALChina+ $239k

Pearl Products’s highest export potential is Austria. With an export gap of $74.5k.   Pearl Products’s highest import potential is China with an import gap of $239k.

See methodology.

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