2022
Exports
$13.9MWorld Rnk 32 / 200
Flag Rnk 488 / 1206
2022
PRODUCT COMPLEXITY IN Pens
0.7Rnk 277 / 1025
2022
Imports
$28.1MWorld Rnk 45 / 222
Flag Rnk 488 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $13.9M in Pens, making it the 32nd largest exporter of Pens in the world. At the same year, Pens was the 488th most exported product in Hungary. The main destination of Pens exports from Hungary are: Slovakia ($2.54M), Romania ($2.28M), Czechia ($1.02M), Italy ($995k), and Germany ($967k).

The fastest growing export markets for Pens of Hungary between 2021 and 2022 were Romania ($615k), Italy ($583k), and Austria ($542k).

Imports In 2022, Hungary imported $28.1M in Pens, becoming the 45th largest importer of Pens in the world. At the same year, Pens was the 488th most imported product in Hungary. Hungary imports Pens primarily from: China ($7.56M), Germany ($7.2M), France ($1.98M), Czechia ($1.96M), and Slovakia ($1.55M).

The fastest growing import markets in Pens for Hungary between 2021 and 2022 were China ($2.51M), Czechia ($1.06M), and Germany ($925k).

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 Pens. 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)$13.9M
IMPORTS (2022)$28.1M
NET TRADE (2022)-$14.2M

In 2022, Hungary exported $13.9M in Pens. The main destinations of Hungary exports on Pens were Slovakia ($2.54M), Romania ($2.28M), Czechia ($1.02M), Italy ($995k), and Germany ($967k).

In 2022, Hungary imported $28.1M in Pens, mainly from China ($7.56M), Germany ($7.2M), France ($1.98M), Czechia ($1.96M), and Slovakia ($1.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$615k (37%)
Italy$583k (141%)
Austria$542k (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Hungary WERE (2021 - 2022):
China-$199k (-63.4%)
Germany-$186k (-16.2%)
Russia-$105k (-73.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
In 2022, Hungary's main importing competitors in Pens were:

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $769k
TOP IMPORT POTENTIALChina+ $2.54M

Pens’s highest export potential is Germany. With an export gap of $769k.   Pens’s highest import potential is China with an import gap of $2.54M.

See methodology.

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