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2022
ExportsfalseWorld Rnk 28 / 167
Flag Rnk 541 / 4462
2021 - 2022
FASTEST GROWING MARKET $1.59MGermany
2022
Origin $571k Slovakia
2021 - 2022
FASTEST GROWING ORIGIN $571kRomania
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $32.3M in Soups and broths and preparations thereof, making it the 28th largest exporter of Soups and broths and preparations thereof in the world. At the same year, Soups and broths and preparations thereof was the 541st most exported product in Hungary. The main destination of Soups and broths and preparations thereof exports from Hungary are: France ($6.11M), Austria ($5.33M), Germany ($4.03M), Slovenia ($3.83M), and Belgium ($3.22M).

The fastest growing export markets for Soups and broths and preparations thereof of Hungary between 2021 and 2022 were Germany ($1.59M), United Kingdom ($1.18M), and Bosnia and Herzegovina ($147k).

The fastest growing import markets in Soups and broths and preparations thereof for Hungary between 2021 and 2022 were Romania ($571k), Czechia ($570k), and China ($175k).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Soups and broths and preparations thereof from Hungary to the United States.

Latest Trends

Jul 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 Soups and broths and preparations thereof. 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 (2022)$32.3M

In 2022, Hungary exported $32.3M in Soups and broths and preparations thereof. The main destinations of Hungary exports on Soups and broths and preparations thereof were France ($6.11M), Austria ($5.33M), Germany ($4.03M), Slovenia ($3.83M), and Belgium ($3.22M).

In N/A, Hungary imported N/A in Soups and broths and preparations thereof, mainly from Slovakia ($5.32M), Germany ($3.61M), Czechia ($2.55M), Portugal ($2.04M), and Austria ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and broths and preparations thereof EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$1.59M (65.1%)
United Kingdom$1.18M (67%)
Bosnia and Herzegovina$147k (38.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and broths and preparations thereof BY Hungary WERE (2021 - 2022):
France-$6.72M (-52.4%)
Austria-$2.85M (-34.8%)
Belgium-$2.17M (-40.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Soups and broths and preparations thereof were:
United States $680M
Canada $178M
Senegal $164M
In 2022, Hungary's main importing competitors in Soups and broths and preparations thereof were:
United States $347M
Mexico $342M
Canada $286M

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Trade Value of Soups and broths and preparations thereof by Exporters

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