2022
Exports
$86MWorld Rnk 5 / 55
Flag Rnk 220 / 1206
2022
PRODUCT COMPLEXITY IN Railway Passenger Cars
0.36Rnk 419 / 1025
2022
Imports
$24MWorld Rnk 11 / 103
Flag Rnk 523 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $86M in Railway Passenger Cars, making it the 5th largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 220th most exported product in Hungary. The main destination of Railway Passenger Cars exports from Hungary are: Germany ($41.9M), Egypt ($17.1M), Switzerland ($15M), Poland ($9.9M), and United States ($1.18M).

The fastest growing export markets for Railway Passenger Cars of Hungary between 2021 and 2022 were Germany ($10.4M), Switzerland ($4.73M), and Spain ($942k).

Imports In 2022, Hungary imported $24M in Railway Passenger Cars, becoming the 11th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 523rd most imported product in Hungary. Hungary imports Railway Passenger Cars primarily from: Russia ($24M) and Spain ($6.8k).

The fastest growing import markets in Railway Passenger Cars for Hungary between 2021 and 2022 were Spain ($4.71k).

Latest Trends

Sep 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 Passenger 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)$86M
IMPORTS (2022)$24M
NET TRADE (2022)$62.1M

In 2022, Hungary exported $86M in Railway Passenger Cars. The main destinations of Hungary exports on Railway Passenger Cars were Germany ($41.9M), Egypt ($17.1M), Switzerland ($15M), Poland ($9.9M), and United States ($1.18M).

In 2022, Hungary imported $24M in Railway Passenger Cars, mainly from Russia ($24M) and Spain ($6.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$10.4M (33.1%)
Switzerland$4.73M (46.2%)
Spain$942k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY Hungary WERE (2021 - 2022):
Egypt-$48.1M (-73.8%)
Poland-$18.7M (-65.4%)
Belarus-$8.87M (-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 Passenger Cars were:
In 2022, Hungary's main importing competitors in Railway Passenger Cars were:

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $809k
TOP IMPORT POTENTIALSpain+ $27.2k

Railway Passenger Cars’s highest export potential is United States. With an export gap of $809k.   Railway Passenger Cars’s highest import potential is Spain with an import gap of $27.2k.

See methodology.

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