2023
Exports
$5.35MWorld Rnk 61 / 184
Flag Rnk 637 / 1203
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$40.5MWorld Rnk 106 / 223
Flag Rnk 401 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $5.35M in Rice, making it the 61st largest exporter of Rice in the world. At the same year, Rice was the 637th most exported product in Hungary. The main destination of Rice exports from Hungary are: Germany ($1.98M), Romania ($1.36M), Slovakia ($694k), Poland ($345k), and Netherlands ($290k).

The fastest growing export markets for Rice of Hungary between 2022 and 2023 were Germany ($448k), Portugal ($87.6k), and Netherlands ($25.9k).

Imports In 2023, Hungary imported $40.5M in Rice, becoming the 106th largest importer of Rice in the world. At the same year, Rice was the 401st most imported product in Hungary. Hungary imports Rice primarily from: Slovakia ($9.65M), Italy ($9.53M), Poland ($4.71M), Germany ($4.14M), and Vietnam ($2.69M).

The fastest growing import markets in Rice for Hungary between 2022 and 2023 were Germany ($3.58M), Vietnam ($1.7M), and Slovakia ($1.52M).

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 Rice. 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)$5.35M
IMPORTS (2023)$40.5M
NET TRADE (2023)-$35.2M

In 2023, Hungary exported $5.35M in Rice. The main destinations of Hungary exports on Rice were Germany ($1.98M), Romania ($1.36M), Slovakia ($694k), Poland ($345k), and Netherlands ($290k).

In 2023, Hungary imported $40.5M in Rice, mainly from Slovakia ($9.65M), Italy ($9.53M), Poland ($4.71M), Germany ($4.14M), and Vietnam ($2.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Germany$448k (29.2%)
Portugal$87.6k (1%)
Netherlands$25.9k (9.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Hungary WERE (2022 - 2023):
Poland-$668k (-65.9%)
Ukraine-$641k (-100%)
Romania-$489k (-26.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $610k
TOP IMPORT POTENTIALIndia+ $1.56M

Rice’s highest export potential is Germany. With an export gap of $610k.   Rice’s highest import potential is India with an import gap of $1.56M.

See methodology.

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