2023
Exports
$709MWorld Rnk 22 / 208
Flag Rnk 41 / 1203
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$1.63BWorld Rnk 22 / 223
Flag Rnk 19 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $709M in Semiconductor Devices, making it the 22nd largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 41st most exported product in Hungary. The main destination of Semiconductor Devices exports from Hungary are: Germany ($334M), Singapore ($57.2M), Hong Kong ($44.8M), China ($30M), and India ($24.6M).

The fastest growing export markets for Semiconductor Devices of Hungary between 2022 and 2023 were Germany ($54.1M), Hong Kong ($22.6M), and India ($21.4M).

Imports In 2023, Hungary imported $1.63B in Semiconductor Devices, becoming the 22nd largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 19th most imported product in Hungary. Hungary imports Semiconductor Devices primarily from: Germany ($887M), China ($225M), Austria ($111M), Netherlands ($83.1M), and Malaysia ($81.2M).

The fastest growing import markets in Semiconductor Devices for Hungary between 2022 and 2023 were Austria ($38.4M), Malaysia ($24.8M), and Spain ($15.2M).

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 Semiconductor Devices. 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)$709M
IMPORTS (2023)$1.63B
NET TRADE (2023)-$917M

In 2023, Hungary exported $709M in Semiconductor Devices. The main destinations of Hungary exports on Semiconductor Devices were Germany ($334M), Singapore ($57.2M), Hong Kong ($44.8M), China ($30M), and India ($24.6M).

In 2023, Hungary imported $1.63B in Semiconductor Devices, mainly from Germany ($887M), China ($225M), Austria ($111M), Netherlands ($83.1M), and Malaysia ($81.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Germany$54.1M (19.3%)
Hong Kong$22.6M (102%)
India$21.4M (670%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Hungary WERE (2022 - 2023):
China-$8.59M (-22.3%)
Spain-$8.24M (-93.5%)
Austria-$7.3M (-37.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Semiconductor Devices were:
China $62.3B
Japan $9.09B
In 2023, Hungary's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $37.8M
TOP IMPORT POTENTIALChina+ $120M

Semiconductor Devices’s highest export potential is China. With an export gap of $37.8M.   Semiconductor Devices’s highest import potential is China with an import gap of $120M.

See methodology.

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