2022
Exports
$3.03BWorld Rnk 6 / 180
Flag Rnk 8 / 1206
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$470MWorld Rnk 20 / 222
Flag Rnk 60 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.03B in Spark-Ignition Engines, making it the 6th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 8th most exported product in Hungary. The main destination of Spark-Ignition Engines exports from Hungary are: Germany ($1.22B), Spain ($675M), Slovakia ($545M), Mexico ($134M), and Portugal ($133M).

The fastest growing export markets for Spark-Ignition Engines of Hungary between 2021 and 2022 were Spain ($180M), Portugal ($26.5M), and France ($16.3M).

Imports In 2022, Hungary imported $470M in Spark-Ignition Engines, becoming the 20th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 60th most imported product in Hungary. Hungary imports Spark-Ignition Engines primarily from: Germany ($219M), Japan ($125M), Poland ($112M), Thailand ($4.04M), and Belgium ($1.86M).

The fastest growing import markets in Spark-Ignition Engines for Hungary between 2021 and 2022 were Poland ($23M), Thailand ($1.4M), and Estonia ($343k).

Latest Trends

Sep 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 Spark-Ignition Engines. 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)$3.03B
IMPORTS (2022)$470M
NET TRADE (2022)$2.56B

In 2022, Hungary exported $3.03B in Spark-Ignition Engines. The main destinations of Hungary exports on Spark-Ignition Engines were Germany ($1.22B), Spain ($675M), Slovakia ($545M), Mexico ($134M), and Portugal ($133M).

In 2022, Hungary imported $470M in Spark-Ignition Engines, mainly from Germany ($219M), Japan ($125M), Poland ($112M), Thailand ($4.04M), and Belgium ($1.86M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Spain$180M (36.3%)
Portugal$26.5M (24.8%)
France$16.3M (21.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Hungary WERE (2021 - 2022):
Czechia-$101M (-44.3%)
Germany-$67.6M (-5.26%)
Russia-$31.9M (-93.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Spark-Ignition Engines were:
In 2022, Hungary's main importing competitors in Spark-Ignition Engines were:

Explore Visualizations

Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.9M
TOP IMPORT POTENTIALAustria+ $4.72M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $38.9M.   Spark-Ignition Engines’s highest import potential is Austria with an import gap of $4.72M.

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