2023
Exports
$643MWorld Rnk 24 / 218
Flag Rnk 45 / 1203
2023
PRODUCT COMPLEXITY IN Plastic Lids
-0.18Rnk 612 / 1025
2023
Imports
$546MWorld Rnk 25 / 225
Flag Rnk 49 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $643M in Plastic Lids, making it the 24th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 45th most exported product in Hungary. The main destination of Plastic Lids exports from Hungary are: Germany ($108M), Romania ($57.3M), Poland ($50.7M), Italy ($48.5M), and Austria ($47.7M).

The fastest growing export markets for Plastic Lids of Hungary between 2022 and 2023 were South Korea ($11.5M), United States ($4.63M), and Italy ($3.49M).

Imports In 2023, Hungary imported $546M in Plastic Lids, becoming the 25th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 49th most imported product in Hungary. Hungary imports Plastic Lids primarily from: Germany ($115M), Poland ($73.1M), France ($48.5M), Czechia ($41.4M), and Turkey ($34.5M).

The fastest growing import markets in Plastic Lids for Hungary between 2022 and 2023 were France ($9.8M), Czechia ($7.02M), and North Macedonia ($4.71M).

Latest Trends

Jan 2025

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 Plastic Lids. 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 (2023)$643M
IMPORTS (2023)$546M
NET TRADE (2023)$96.7M

In 2023, Hungary exported $643M in Plastic Lids. The main destinations of Hungary exports on Plastic Lids were Germany ($108M), Romania ($57.3M), Poland ($50.7M), Italy ($48.5M), and Austria ($47.7M).

In 2023, Hungary imported $546M in Plastic Lids, mainly from Germany ($115M), Poland ($73.1M), France ($48.5M), Czechia ($41.4M), and Turkey ($34.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
South Korea$11.5M (559%)
United States$4.63M (81.9%)
Italy$3.49M (7.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY Hungary WERE (2022 - 2023):
Serbia-$17.7M (-59.3%)
Ukraine-$9.59M (-33.1%)
Germany-$8.78M (-7.53%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Plastic Lids were:
In 2023, Hungary's main importing competitors in Plastic Lids were:

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $24.1M
TOP IMPORT POTENTIALChina+ $20.6M

Plastic Lids’s highest export potential is Germany. With an export gap of $24.1M.   Plastic Lids’s highest import potential is China with an import gap of $20.6M.

See methodology.

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