2022
Exports
$441MWorld Rnk 7 / 182
Flag Rnk 68 / 1206
2022
PRODUCT COMPLEXITY IN Radio Receivers
0.42Rnk 398 / 1025
2022
Imports
$118MWorld Rnk 22 / 214
Flag Rnk 215 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $441M in Radio Receivers, making it the 7th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 68th most exported product in Hungary. The main destination of Radio Receivers exports from Hungary are: United States ($125M), Germany ($121M), Mexico ($48.2M), Poland ($37.7M), and Italy ($19.4M).

The fastest growing export markets for Radio Receivers of Hungary between 2021 and 2022 were United States ($91.9M), Mexico ($43.8M), and Poland ($5.75M).

Imports In 2022, Hungary imported $118M in Radio Receivers, becoming the 22nd largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 215th most imported product in Hungary. Hungary imports Radio Receivers primarily from: Portugal ($54.7M), Chinese Taipei ($26.8M), Czechia ($14.5M), China ($7.42M), and Thailand ($5.43M).

The fastest growing import markets in Radio Receivers for Hungary between 2021 and 2022 were Portugal ($6.24M), Thailand ($3.5M), and Philippines ($615k).

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 Radio Receivers. 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)$441M
IMPORTS (2022)$118M
NET TRADE (2022)$323M

In 2022, Hungary exported $441M in Radio Receivers. The main destinations of Hungary exports on Radio Receivers were United States ($125M), Germany ($121M), Mexico ($48.2M), Poland ($37.7M), and Italy ($19.4M).

In 2022, Hungary imported $118M in Radio Receivers, mainly from Portugal ($54.7M), Chinese Taipei ($26.8M), Czechia ($14.5M), China ($7.42M), and Thailand ($5.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$91.9M (279%)
Mexico$43.8M (991%)
Poland$5.75M (18%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Hungary WERE (2021 - 2022):
Germany-$170M (-58.5%)
Finland-$33.5M (-79.2%)
United Kingdom-$22.9M (-65.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Radio Receivers were:
China $4.02B
Mexico $1.85B
In 2022, Hungary's main importing competitors in Radio Receivers were:

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Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.05M
TOP IMPORT POTENTIALChina+ $5.62M

Radio Receivers’s highest export potential is United States. With an export gap of $7.05M.   Radio Receivers’s highest import potential is China with an import gap of $5.62M.

See methodology.

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