2022
Exports
$5.76MWorld Rnk 71 / 189
Flag Rnk 642 / 1206
2022
PRODUCT COMPLEXITY IN Perfume Plants
-1.82Rnk 983 / 1025
2022
Imports
$10.1MWorld Rnk 46 / 213
Flag Rnk 690 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $5.76M in Perfume Plants, making it the 71st largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 642nd most exported product in Hungary. The main destination of Perfume Plants exports from Hungary are: Germany ($2.28M), Austria ($617k), Slovakia ($383k), Italy ($291k), and United Kingdom ($255k).

The fastest growing export markets for Perfume Plants of Hungary between 2021 and 2022 were Austria ($309k), Slovakia ($225k), and Sweden ($104k).

Imports In 2022, Hungary imported $10.1M in Perfume Plants, becoming the 46th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 690th most imported product in Hungary. Hungary imports Perfume Plants primarily from: Germany ($1.97M), Poland ($1.67M), Italy ($725k), Serbia ($602k), and China ($535k).

The fastest growing import markets in Perfume Plants for Hungary between 2021 and 2022 were Poland ($858k), Italy ($324k), and Greece ($284k).

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 Perfume Plants. 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)$5.76M
IMPORTS (2022)$10.1M
NET TRADE (2022)-$4.37M

In 2022, Hungary exported $5.76M in Perfume Plants. The main destinations of Hungary exports on Perfume Plants were Germany ($2.28M), Austria ($617k), Slovakia ($383k), Italy ($291k), and United Kingdom ($255k).

In 2022, Hungary imported $10.1M in Perfume Plants, mainly from Germany ($1.97M), Poland ($1.67M), Italy ($725k), Serbia ($602k), and China ($535k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$309k (101%)
Slovakia$225k (142%)
Sweden$104k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Hungary WERE (2021 - 2022):
North Macedonia-$151k (-47.1%)
France-$147k (-48.6%)
Morocco-$134k (-97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Perfume Plants were:
In 2022, Hungary's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $493k
TOP IMPORT POTENTIALChina+ $399k

Perfume Plants’s highest export potential is Germany. With an export gap of $493k.   Perfume Plants’s highest import potential is China with an import gap of $399k.

See methodology.

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