2022
Exports
$30.6MWorld Rnk 42 / 144
Flag Rnk 362 / 1206
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$62.8MWorld Rnk 29 / 182
Flag Rnk 331 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $30.6M in Silver, making it the 42nd largest exporter of Silver in the world. At the same year, Silver was the 362nd most exported product in Hungary. The main destination of Silver exports from Hungary are: Romania ($5.15M), Germany ($4.32M), Italy ($3.16M), Czechia ($2.68M), and Turkey ($2.36M).

The fastest growing export markets for Silver of Hungary between 2021 and 2022 were Czechia ($362k), Austria ($307k), and Poland ($251k).

Imports In 2022, Hungary imported $62.8M in Silver, becoming the 29th largest importer of Silver in the world. At the same year, Silver was the 331st most imported product in Hungary. Hungary imports Silver primarily from: Germany ($19.9M), Poland ($19.4M), United States ($4.81M), France ($4.78M), and United Kingdom ($4.1M).

The fastest growing import markets in Silver for Hungary between 2021 and 2022 were Poland ($19.2M), France ($2.5M), and United Kingdom ($944k).

Latest Trends

Nov 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 Silver. 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)$30.6M
IMPORTS (2022)$62.8M
NET TRADE (2022)-$32.3M

In 2022, Hungary exported $30.6M in Silver. The main destinations of Hungary exports on Silver were Romania ($5.15M), Germany ($4.32M), Italy ($3.16M), Czechia ($2.68M), and Turkey ($2.36M).

In 2022, Hungary imported $62.8M in Silver, mainly from Germany ($19.9M), Poland ($19.4M), United States ($4.81M), France ($4.78M), and United Kingdom ($4.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Czechia$362k (15.6%)
Austria$307k (35.9%)
Poland$251k (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Hungary WERE (2021 - 2022):
Italy-$4.13M (-56.6%)
United States-$1.26M (-59.3%)
Turkey-$1.08M (-31.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.82M
TOP IMPORT POTENTIALUnited Kingdom+ $2.9M

Silver’s highest export potential is Germany. With an export gap of $2.82M.   Silver’s highest import potential is United Kingdom with an import gap of $2.9M.

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