2022
Exports
$3.32MWorld Rnk 44 / 141
Flag Rnk 730 / 1206
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2022
Imports
$13.1MWorld Rnk 67 / 195
Flag Rnk 639 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.32M in Pile Fabric, making it the 44th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 730th most exported product in Hungary. The main destination of Pile Fabric exports from Hungary are: Slovakia ($506k), Czechia ($497k), Romania ($472k), Costa Rica ($323k), and Turkey ($311k).

The fastest growing export markets for Pile Fabric of Hungary between 2021 and 2022 were Turkey ($282k), Costa Rica ($229k), and Slovakia ($228k).

Imports In 2022, Hungary imported $13.1M in Pile Fabric, becoming the 67th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 639th most imported product in Hungary. Hungary imports Pile Fabric primarily from: China ($3.9M), Germany ($3.06M), Spain ($1.83M), Italy ($1.44M), and Poland ($1.11M).

The fastest growing import markets in Pile Fabric for Hungary between 2021 and 2022 were Germany ($279k), Poland ($173k), and United States ($111k).

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 Pile Fabric. 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)$3.32M
IMPORTS (2022)$13.1M
NET TRADE (2022)-$9.79M

In 2022, Hungary exported $3.32M in Pile Fabric. The main destinations of Hungary exports on Pile Fabric were Slovakia ($506k), Czechia ($497k), Romania ($472k), Costa Rica ($323k), and Turkey ($311k).

In 2022, Hungary imported $13.1M in Pile Fabric, mainly from China ($3.9M), Germany ($3.06M), Spain ($1.83M), Italy ($1.44M), and Poland ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Turkey$282k (980%)
Costa Rica$229k (242%)
Slovakia$228k (82.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Hungary WERE (2021 - 2022):
Romania-$373k (-44.2%)
Czechia-$345k (-40.9%)
Italy-$227k (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Pile Fabric were:
In 2022, Hungary's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $211k
TOP IMPORT POTENTIALChina+ $2.14M

Pile Fabric’s highest export potential is Turkey. With an export gap of $211k.   Pile Fabric’s highest import potential is China with an import gap of $2.14M.

See methodology.

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