2022
Exports
$10.9MWorld Rnk 42 / 184
Flag Rnk 530 / 1206
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$48MWorld Rnk 24 / 222
Flag Rnk 384 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $10.9M in Salt, making it the 42nd largest exporter of Salt in the world. At the same year, Salt was the 530th most exported product in Hungary. The main destination of Salt exports from Hungary are: Slovakia ($4.39M), France ($2.02M), Ukraine ($1.5M), Austria ($863k), and Serbia ($676k).

The fastest growing export markets for Salt of Hungary between 2021 and 2022 were France ($2.02M), Ukraine ($1.49M), and Slovakia ($199k).

Imports In 2022, Hungary imported $48M in Salt, becoming the 24th largest importer of Salt in the world. At the same year, Salt was the 384th most imported product in Hungary. Hungary imports Salt primarily from: Romania ($26M), Austria ($7.43M), Germany ($4.17M), Italy ($1.6M), and Bosnia and Herzegovina ($1.56M).

The fastest growing import markets in Salt for Hungary between 2021 and 2022 were Romania ($6.52M), Austria ($4.41M), and Germany ($890k).

Latest Trends

Jul 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 Salt. 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 (2022)$10.9M
IMPORTS (2022)$48M
NET TRADE (2022)-$37.2M

In 2022, Hungary exported $10.9M in Salt. The main destinations of Hungary exports on Salt were Slovakia ($4.39M), France ($2.02M), Ukraine ($1.5M), Austria ($863k), and Serbia ($676k).

In 2022, Hungary imported $48M in Salt, mainly from Romania ($26M), Austria ($7.43M), Germany ($4.17M), Italy ($1.6M), and Bosnia and Herzegovina ($1.56M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
France$2.02M (214k%)
Ukraine$1.49M (31.1k%)
Slovakia$199k (4.74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Hungary WERE (2021 - 2022):
Austria-$378k (-30.5%)
Italy-$32.4k (-66.7%)
Romania-$26.8k (-15.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Salt were:
In 2022, Hungary's main importing competitors in Salt were:

Explore Visualizations

Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $335k
TOP IMPORT POTENTIALNetherlands+ $709k

Salt’s highest export potential is Austria. With an export gap of $335k.   Salt’s highest import potential is Netherlands with an import gap of $709k.

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