2018
Exports
$4.59MWorld Rnk 91 / 147
Flag Rnk 662 / 1203
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2018
Imports
$25.8MWorld Rnk 49 / 184
Flag Rnk 495 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2018, Hungary exported $4.59M in Refined Copper, making it the 91st largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 662nd most exported product in Hungary. The main destination of Refined Copper exports from Hungary are: Germany ($3.31M), Italy ($961k), Belgium ($190k), Czechia ($33.2k), and Netherlands ($21.3k).

The fastest growing export markets for Refined Copper of Hungary between 2022 and 2023 were Germany ($1.17M), Italy ($824k), and Belgium ($190k).

Imports In 2023, Hungary imported $25.8M in Refined Copper, becoming the 49th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 495th most imported product in Hungary. Hungary imports Refined Copper primarily from: Spain ($8.64M), Germany ($8.25M), Austria ($2.88M), Portugal ($2.09M), and Italy ($1.95M).

The fastest growing import markets in Refined Copper for Hungary between 2022 and 2023 were Portugal ($2.09M), Belgium ($246k), and Italy ($160k).

Latest Trends

Dec 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 Refined Copper. 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 (2023)$4.59M
IMPORTS (2023)$25.8M
NET TRADE (2023)-$21.3M

In 2023, Hungary exported $4.59M in Refined Copper. The main destinations of Hungary exports on Refined Copper were Germany ($3.31M), Italy ($961k), Belgium ($190k), Czechia ($33.2k), and Netherlands ($21.3k).

In 2023, Hungary imported $25.8M in Refined Copper, mainly from Spain ($8.64M), Germany ($8.25M), Austria ($2.88M), Portugal ($2.09M), and Italy ($1.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Germany$1.17M (54.7%)
Italy$824k (599%)
Belgium$190k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Hungary WERE (2022 - 2023):
Slovakia-$7.33M (-100%)
China-$195k (-91.1%)
Netherlands-$124k (-85.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Refined Copper were:
In 2023, Hungary's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.99M
TOP IMPORT POTENTIALAustria+ $3.58M

Refined Copper’s highest export potential is Germany. With an export gap of $2.99M.   Refined Copper’s highest import potential is Austria with an import gap of $3.58M.

See methodology.

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