2022
Exports
$406MWorld Rnk 14 / 199
Flag Rnk 74 / 1206
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.61Rnk 321 / 1025
2022
Imports
$55.1MWorld Rnk 46 / 220
Flag Rnk 355 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $406M in Special Pharmaceuticals, making it the 14th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 74th most exported product in Hungary. The main destination of Special Pharmaceuticals exports from Hungary are: Russia ($122M), Germany ($33.9M), Italy ($28.8M), China ($22.8M), and Spain ($19.4M).

The fastest growing export markets for Special Pharmaceuticals of Hungary between 2021 and 2022 were Russia ($44.5M), Italy ($9.75M), and United Kingdom ($9.11M).

Imports In 2022, Hungary imported $55.1M in Special Pharmaceuticals, becoming the 46th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 355th most imported product in Hungary. Hungary imports Special Pharmaceuticals primarily from: Germany ($16.5M), Netherlands ($8.03M), Belgium ($6.23M), France ($4.66M), and Ireland ($3.3M).

The fastest growing import markets in Special Pharmaceuticals for Hungary between 2021 and 2022 were Germany ($3.31M), Belgium ($1.88M), and Norway ($1.4M).

Latest Trends

Oct 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 Special Pharmaceuticals. 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)$406M
IMPORTS (2022)$55.1M
NET TRADE (2022)$351M

In 2022, Hungary exported $406M in Special Pharmaceuticals. The main destinations of Hungary exports on Special Pharmaceuticals were Russia ($122M), Germany ($33.9M), Italy ($28.8M), China ($22.8M), and Spain ($19.4M).

In 2022, Hungary imported $55.1M in Special Pharmaceuticals, mainly from Germany ($16.5M), Netherlands ($8.03M), Belgium ($6.23M), France ($4.66M), and Ireland ($3.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Russia$44.5M (57.7%)
Italy$9.75M (51.2%)
United Kingdom$9.11M (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Hungary WERE (2021 - 2022):
Ukraine-$1.81M (-17.8%)
Vietnam-$1.54M (-31.7%)
Portugal-$1.5M (-12.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.8M
TOP IMPORT POTENTIALGermany+ $5.03M

Special Pharmaceuticals’s highest export potential is United States. With an export gap of $27.8M.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $5.03M.

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