2022
Exports
$17.7MWorld Rnk 45 / 142
Flag Rnk 436 / 1206
2022
PRODUCT COMPLEXITY IN Raw Tobacco
-1.72Rnk 974 / 1025
2022
Imports
$59.1MWorld Rnk 37 / 179
Flag Rnk 342 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $17.7M in Raw Tobacco, making it the 45th largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 436th most exported product in Hungary. The main destination of Raw Tobacco exports from Hungary are: Italy ($10.6M), Indonesia ($2.27M), Germany ($2M), Vietnam ($838k), and Bulgaria ($721k).

The fastest growing export markets for Raw Tobacco of Hungary between 2021 and 2022 were Italy ($4.61M), Indonesia ($2.17M), and Germany ($1.66M).

Imports In 2022, Hungary imported $59.1M in Raw Tobacco, becoming the 37th largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 342nd most imported product in Hungary. Hungary imports Raw Tobacco primarily from: Sri Lanka ($28M), Croatia ($6.52M), Bulgaria ($3.36M), Netherlands ($2.59M), and Poland ($2.37M).

The fastest growing import markets in Raw Tobacco for Hungary between 2021 and 2022 were Croatia ($4.48M), Indonesia ($1.04M), and Greece ($934k).

Latest Trends

Aug 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 Raw Tobacco. 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)$17.7M
IMPORTS (2022)$59.1M
NET TRADE (2022)-$41.4M

In 2022, Hungary exported $17.7M in Raw Tobacco. The main destinations of Hungary exports on Raw Tobacco were Italy ($10.6M), Indonesia ($2.27M), Germany ($2M), Vietnam ($838k), and Bulgaria ($721k).

In 2022, Hungary imported $59.1M in Raw Tobacco, mainly from Sri Lanka ($28M), Croatia ($6.52M), Bulgaria ($3.36M), Netherlands ($2.59M), and Poland ($2.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Tobacco EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$4.61M (77.3%)
Indonesia$2.17M (2.15k%)
Germany$1.66M (487%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tobacco BY Hungary WERE (2021 - 2022):
Poland-$5.92M (-93%)
Slovakia-$1.71M (-100%)
United Arab Emirates-$849k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Raw Tobacco were:
In 2022, Hungary's main importing competitors in Raw Tobacco were:

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Trade Value of Raw Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.05M
TOP IMPORT POTENTIALBrazil+ $1.52M

Raw Tobacco’s highest export potential is Germany. With an export gap of $1.05M.   Raw Tobacco’s highest import potential is Brazil with an import gap of $1.52M.

See methodology.

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