2018
Exports
$36.5MWorld Rnk 30 / 204
Flag Rnk 75 / 96
2022
PRODUCT COMPLEXITY IN Special woven fabrics and tapestries
0.3Rnk 447 / 1025
2018
Imports
$86.2MWorld Rnk 38 / 222
Flag Rnk 73 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2018, Hungary exported $36.5M in Special woven fabrics and tapestries, making it the 30th largest exporter of Special woven fabrics and tapestries in the world. At the same year, Special woven fabrics and tapestries was the 75th most exported product in Hungary. The main destination of Special woven fabrics and tapestries exports from Hungary are: Germany ($3.77M), Belgium ($3.6M), United Kingdom ($3.43M), United States ($3.01M), and Romania ($2.98M).

The fastest growing export markets for Special woven fabrics and tapestries of Hungary between 2021 and 2022 were Belgium ($3.12M), United Kingdom ($2.8M), and United States ($2.28M).

Imports In 2022, Hungary imported $86.2M in Special woven fabrics and tapestries, becoming the 38th largest importer of Special woven fabrics and tapestries in the world. At the same year, Special woven fabrics and tapestries was the 73rd most imported product in Hungary. Hungary imports Special woven fabrics and tapestries primarily from: Austria ($19.6M), Germany ($17.4M), Romania ($13.1M), Italy ($11.8M), and China ($3.85M).

The fastest growing import markets in Special woven fabrics and tapestries for Hungary between 2021 and 2022 were Romania ($3.03M), Belgium ($1.59M), and Italy ($1.04M).

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 Special woven fabrics and tapestries. 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)$36.5M
IMPORTS (2022)$86.2M
NET TRADE (2022)-$49.6M

In 2022, Hungary exported $36.5M in Special woven fabrics and tapestries. The main destinations of Hungary exports on Special woven fabrics and tapestries were Germany ($3.77M), Belgium ($3.6M), United Kingdom ($3.43M), United States ($3.01M), and Romania ($2.98M).

In 2022, Hungary imported $86.2M in Special woven fabrics and tapestries, mainly from Austria ($19.6M), Germany ($17.4M), Romania ($13.1M), Italy ($11.8M), and China ($3.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special woven fabrics and tapestries EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Belgium$3.12M (645%)
United Kingdom$2.8M (444%)
United States$2.28M (315%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special woven fabrics and tapestries BY Hungary WERE (2021 - 2022):
Romania-$1.37M (-31.5%)
France-$1.13M (-52.7%)
Czechia-$708k (-56.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Special woven fabrics and tapestries were:
In 2022, Hungary's main importing competitors in Special woven fabrics and tapestries were:

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Trade Value of Special woven fabrics and tapestries by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $730k
TOP IMPORT POTENTIALChina+ $3.86M

Special woven fabrics and tapestries’s highest export potential is Germany. With an export gap of $730k.   Special woven fabrics and tapestries’s highest import potential is China with an import gap of $3.86M.

See methodology.

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