2022
Exports
$33.4MWorld Rnk 13 / 131
Flag Rnk 349 / 1206
2022
PRODUCT COMPLEXITY IN Stranded Copper Wire
-0.3Rnk 650 / 1025
2022
Imports
$41.8MWorld Rnk 21 / 211
Flag Rnk 411 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $33.4M in Stranded Copper Wire, making it the 13th largest exporter of Stranded Copper Wire in the world. At the same year, Stranded Copper Wire was the 349th most exported product in Hungary. The main destination of Stranded Copper Wire exports from Hungary are: Germany ($32.1M), Ukraine ($584k), Romania ($284k), Morocco ($139k), and Spain ($97.2k).

The fastest growing export markets for Stranded Copper Wire of Hungary between 2021 and 2022 were Germany ($5.15M), Romania ($151k), and Morocco ($139k).

Imports In 2022, Hungary imported $41.8M in Stranded Copper Wire, becoming the 21st largest importer of Stranded Copper Wire in the world. At the same year, Stranded Copper Wire was the 411th most imported product in Hungary. Hungary imports Stranded Copper Wire primarily from: Turkey ($15.9M), Poland ($9.44M), Germany ($9.41M), Bulgaria ($2.84M), and Czechia ($769k).

The fastest growing import markets in Stranded Copper Wire for Hungary between 2021 and 2022 were Bulgaria ($2.42M), Germany ($1.83M), and Czechia ($750k).

Latest Trends

Oct 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 Stranded Copper Wire. 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)$33.4M
IMPORTS (2022)$41.8M
NET TRADE (2022)-$8.37M

In 2022, Hungary exported $33.4M in Stranded Copper Wire. The main destinations of Hungary exports on Stranded Copper Wire were Germany ($32.1M), Ukraine ($584k), Romania ($284k), Morocco ($139k), and Spain ($97.2k).

In 2022, Hungary imported $41.8M in Stranded Copper Wire, mainly from Turkey ($15.9M), Poland ($9.44M), Germany ($9.41M), Bulgaria ($2.84M), and Czechia ($769k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Stranded Copper Wire EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$5.15M (19.1%)
Romania$151k (113%)
Morocco$139k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Copper Wire BY Hungary WERE (2021 - 2022):
Poland-$726k (-91.8%)
Ukraine-$633k (-52%)
Austria-$276k (-93.4%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Stranded Copper Wire were:
In 2022, Hungary's main importing competitors in Stranded Copper Wire were:

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Trade Value of Stranded Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $364k
TOP IMPORT POTENTIALSpain+ $503k

Stranded Copper Wire’s highest export potential is Romania. With an export gap of $364k.   Stranded Copper Wire’s highest import potential is Spain with an import gap of $503k.

See methodology.

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