2022
Exports
$400MWorld Rnk 38 / 218
Flag Rnk 40 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$594MWorld Rnk 37 / 226
Flag Rnk 37 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $400M in Preparations of cereals, flour, starch or milk, making it the 38th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 40th most exported product in Hungary. The main destination of Preparations of cereals, flour, starch or milk exports from Hungary are: Germany ($50.6M), Romania ($48.1M), Austria ($45.8M), United Kingdom ($34.2M), and Czechia ($26.9M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Hungary between 2021 and 2022 were Austria ($13.7M), United Kingdom ($12.2M), and Germany ($7.37M).

Imports In 2022, Hungary imported $594M in Preparations of cereals, flour, starch or milk, becoming the 37th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 37th most imported product in Hungary. Hungary imports Preparations of cereals, flour, starch or milk primarily from: Germany ($129M), Poland ($125M), Italy ($56.9M), Austria ($55.4M), and Czechia ($45.5M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Hungary between 2021 and 2022 were Poland ($29.7M), Slovakia ($7.4M), and Netherlands ($6.38M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Preparations of cereals, flour, starch or milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$400M
IMPORTS (2022)$594M
NET TRADE (2022)-$194M

In 2022, Hungary exported $400M in Preparations of cereals, flour, starch or milk. The main destinations of Hungary exports on Preparations of cereals, flour, starch or milk were Germany ($50.6M), Romania ($48.1M), Austria ($45.8M), United Kingdom ($34.2M), and Czechia ($26.9M).

In 2022, Hungary imported $594M in Preparations of cereals, flour, starch or milk, mainly from Germany ($129M), Poland ($125M), Italy ($56.9M), Austria ($55.4M), and Czechia ($45.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$13.7M (42.8%)
United Kingdom$12.2M (55.6%)
Germany$7.37M (17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Hungary WERE (2021 - 2022):
Belgium-$7.43M (-39.8%)
United States-$1.59M (-69.3%)
Russia-$1.22M (-30.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Hungary's main importing competitors in Preparations of cereals, flour, starch or milk were:

Explore Visualizations

Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.7M
TOP IMPORT POTENTIALAustria+ $15.2M

Preparations of cereals, flour, starch or milk’s highest export potential is Germany. With an export gap of $18.7M.   Preparations of cereals, flour, starch or milk’s highest import potential is Austria with an import gap of $15.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with