2023
Exports
$54.9MWorld Rnk 10 / 103
Flag Rnk 272 / 1203
2023
PRODUCT COMPLEXITY IN Sheep and Goats
-1.62Rnk 962 / 1025
2023
Imports
$20.3MWorld Rnk 19 / 143
Flag Rnk 538 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $54.9M in Sheep and Goats, making it the 10th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 272nd most exported product in Hungary. The main destination of Sheep and Goats exports from Hungary are: Italy ($40.8M), Israel ($4.15M), Germany ($3.91M), Croatia ($2.08M), and Austria ($1.3M).

The fastest growing export markets for Sheep and Goats of Hungary between 2022 and 2023 were Italy ($8.5M), Lebanon ($658k), and Croatia ($518k).

Imports In 2018, Hungary imported $20.3M in Sheep and Goats, becoming the 19th largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 538th most imported product in Hungary. Hungary imports Sheep and Goats primarily from: Spain ($18.8M), Austria ($544k), France ($494k), Romania ($205k), and Slovakia ($162k).

The fastest growing import markets in Sheep and Goats for Hungary between 2022 and 2023 were Spain ($8.88M), Austria ($468k), and France ($337k).

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 Sheep and Goats. 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)$54.9M
IMPORTS (2023)$20.3M
NET TRADE (2023)$34.6M

In 2023, Hungary exported $54.9M in Sheep and Goats. The main destinations of Hungary exports on Sheep and Goats were Italy ($40.8M), Israel ($4.15M), Germany ($3.91M), Croatia ($2.08M), and Austria ($1.3M).

In 2023, Hungary imported $20.3M in Sheep and Goats, mainly from Spain ($18.8M), Austria ($544k), France ($494k), Romania ($205k), and Slovakia ($162k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Italy$8.5M (26.3%)
Lebanon$658k (2.43k%)
Croatia$518k (33.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Hungary WERE (2022 - 2023):
Palestine-$5.51M (-100%)
Israel-$5.22M (-55.7%)
Germany-$4.41M (-53%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Sheep and Goats were:
Sudan $693M
Iran $337M
In 2023, Hungary's main importing competitors in Sheep and Goats were:

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $398k
TOP IMPORT POTENTIALRomania+ $229k

Sheep and Goats’s highest export potential is France. With an export gap of $398k.   Sheep and Goats’s highest import potential is Romania with an import gap of $229k.

See methodology.

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