2023
Exports
$206MWorld Rnk 2 / 59
Flag Rnk 123 / 1203
2023
PRODUCT COMPLEXITY IN Railway Passenger Cars
0.3Rnk 456 / 1025
2023
Imports
$25.4MWorld Rnk 13 / 100
Flag Rnk 500 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $206M in Railway Passenger Cars, making it the 2nd largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 123rd most exported product in Hungary. The main destination of Railway Passenger Cars exports from Hungary are: Egypt ($126M), Germany ($46.2M), Switzerland ($13.8M), Spain ($9.89M), and Poland ($7.22M).

The fastest growing export markets for Railway Passenger Cars of Hungary between 2022 and 2023 were Egypt ($111M), Spain ($8.94M), and United States ($857k).

Imports In 2023, Hungary imported $25.4M in Railway Passenger Cars, becoming the 13th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 500th most imported product in Hungary. Hungary imports Railway Passenger Cars primarily from: Russia ($25.3M), United Kingdom ($25.4k), Spain ($6.51k), and Netherlands ($354).

The fastest growing import markets in Railway Passenger Cars for Hungary between 2022 and 2023 were Russia ($1.35M), United Kingdom ($25.4k), and Netherlands ($354).

Latest Trends

Dec 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 Railway Passenger Cars. 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 (2023)$206M
IMPORTS (2023)$25.4M
NET TRADE (2023)$180M

In 2023, Hungary exported $206M in Railway Passenger Cars. The main destinations of Hungary exports on Railway Passenger Cars were Egypt ($126M), Germany ($46.2M), Switzerland ($13.8M), Spain ($9.89M), and Poland ($7.22M).

In 2023, Hungary imported $25.4M in Railway Passenger Cars, mainly from Russia ($25.3M), United Kingdom ($25.4k), Spain ($6.51k), and Netherlands ($354).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Egypt$111M (704%)
Spain$8.94M (949%)
United States$857k (72.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY Hungary WERE (2022 - 2023):
Germany-$8.02M (-14.8%)
Poland-$2.68M (-27.1%)
Switzerland-$498k (-3.47%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hungary's main exporting competitors in Railway Passenger Cars were:
Japan $261M
China $175M
In 2023, Hungary's main importing competitors in Railway Passenger Cars were:

Explore Visualizations

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.

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