2022
Exports
$32.6MWorld Rnk 30 / 130
Flag Rnk 355 / 1206
2022
PRODUCT COMPLEXITY IN Phosphinates (hypophosphites) and phosphonates (phosphites)
-0.12Rnk 588 / 1025
2022
Imports
$65.1MWorld Rnk 31 / 203
Flag Rnk 325 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $32.6M in Phosphinates (hypophosphites) and phosphonates (phosphites), making it the 30th largest exporter of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 355th most exported product in Hungary. The main destination of Phosphinates (hypophosphites) and phosphonates (phosphites) exports from Hungary are: Germany ($9.32M), Poland ($9.12M), Czechia ($5.37M), Ukraine ($2.29M), and Romania ($1.75M).

The fastest growing export markets for Phosphinates (hypophosphites) and phosphonates (phosphites) of Hungary between 2021 and 2022 were Poland ($3.5M), Czechia ($3.31M), and Ukraine ($2.27M).

Imports In 2022, Hungary imported $65.1M in Phosphinates (hypophosphites) and phosphonates (phosphites), becoming the 31st largest importer of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 325th most imported product in Hungary. Hungary imports Phosphinates (hypophosphites) and phosphonates (phosphites) primarily from: Serbia ($34.1M), Germany ($6.09M), Poland ($4.37M), Slovenia ($4.3M), and Belgium ($2.77M).

The fastest growing import markets in Phosphinates (hypophosphites) and phosphonates (phosphites) for Hungary between 2021 and 2022 were Serbia ($8.24M), Slovenia ($3.74M), and Poland ($1.8M).

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 Phosphinates (hypophosphites) and phosphonates (phosphites). 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)$32.6M
IMPORTS (2022)$65.1M
NET TRADE (2022)-$32.5M

In 2022, Hungary exported $32.6M in Phosphinates (hypophosphites) and phosphonates (phosphites). The main destinations of Hungary exports on Phosphinates (hypophosphites) and phosphonates (phosphites) were Germany ($9.32M), Poland ($9.12M), Czechia ($5.37M), Ukraine ($2.29M), and Romania ($1.75M).

In 2022, Hungary imported $65.1M in Phosphinates (hypophosphites) and phosphonates (phosphites), mainly from Serbia ($34.1M), Germany ($6.09M), Poland ($4.37M), Slovenia ($4.3M), and Belgium ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphinates (hypophosphites) and phosphonates (phosphites) EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Poland$3.5M (62.2%)
Czechia$3.31M (162%)
Ukraine$2.27M (11.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphinates (hypophosphites) and phosphonates (phosphites) BY Hungary WERE (2021 - 2022):
Germany-$1.95M (-17.3%)
Austria-$1.32M (-85.4%)
Russia-$1.11M (-80.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Phosphinates (hypophosphites) and phosphonates (phosphites) were:
In 2022, Hungary's main importing competitors in Phosphinates (hypophosphites) and phosphonates (phosphites) were:

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Trade Value of Phosphinates (hypophosphites) and phosphonates (phosphites) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $411k
TOP IMPORT POTENTIALGermany+ $1.44M

Phosphinates (hypophosphites) and phosphonates (phosphites)’s highest export potential is France. With an export gap of $411k.   Phosphinates (hypophosphites) and phosphonates (phosphites)’s highest import potential is Germany with an import gap of $1.44M.

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