2022
Exports
$9.5MWorld Rnk 21 / 84
Flag Rnk 557 / 1206
2022
PRODUCT COMPLEXITY IN Railway Freight Cars
-0.057Rnk 565 / 1025
2022
Imports
$50.9MWorld Rnk 15 / 140
Flag Rnk 368 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $9.5M in Railway Freight Cars, making it the 21st largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 557th most exported product in Hungary. The main destination of Railway Freight Cars exports from Hungary are: Poland ($2.79M), Austria ($1.92M), Slovakia ($1.28M), Germany ($1.19M), and Spain ($889k).

The fastest growing export markets for Railway Freight Cars of Hungary between 2021 and 2022 were Poland ($2.79M), Slovakia ($1.17M), and Austria ($880k).

Imports In 2022, Hungary imported $50.9M in Railway Freight Cars, becoming the 15th largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 368th most imported product in Hungary. Hungary imports Railway Freight Cars primarily from: Slovakia ($21.4M), Croatia ($11.5M), Romania ($7.99M), Czechia ($3.69M), and Turkey ($2.87M).

The fastest growing import markets in Railway Freight Cars for Hungary between 2021 and 2022 were Slovakia ($17M), Croatia ($11.3M), and Czechia ($3.69M).

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 Railway Freight Cars. 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)$9.5M
IMPORTS (2022)$50.9M
NET TRADE (2022)-$41.4M

In 2022, Hungary exported $9.5M in Railway Freight Cars. The main destinations of Hungary exports on Railway Freight Cars were Poland ($2.79M), Austria ($1.92M), Slovakia ($1.28M), Germany ($1.19M), and Spain ($889k).

In 2022, Hungary imported $50.9M in Railway Freight Cars, mainly from Slovakia ($21.4M), Croatia ($11.5M), Romania ($7.99M), Czechia ($3.69M), and Turkey ($2.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Poland$2.79M (1%)
Slovakia$1.17M (1.09k%)
Austria$880k (84.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars BY Hungary WERE (2021 - 2022):
Romania-$1.03M (-82.2%)
Bulgaria-$773k (-48.6%)
France-$286k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Railway Freight Cars were:
In 2022, Hungary's main importing competitors in Railway Freight Cars were:

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Trade Value of Railway Freight Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $978k
TOP IMPORT POTENTIALPoland+ $707k

Railway Freight Cars’s highest export potential is Germany. With an export gap of $978k.   Railway Freight Cars’s highest import potential is Poland with an import gap of $707k.

See methodology.

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