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Exports In 2022, Hungary exported $2.72M in Sugar nes, invert sugar, caramel and artificial honey, making it the 48th largest exporter of Sugar nes, invert sugar, caramel and artificial honey in the world. At the same year, Sugar nes, invert sugar, caramel and artificial honey was the 1605th most exported product in Hungary. The main destination of Sugar nes, invert sugar, caramel and artificial honey exports from Hungary are: Latvia ($697k), Japan ($606k), Germany ($581k), France ($149k), and Romania ($136k).

The fastest growing export markets for Sugar nes, invert sugar, caramel and artificial honey of Hungary between 2021 and 2022 were Japan ($456k), Germany ($401k), and Latvia ($80.9k).

Imports In 2022, Hungary imported $14.5M in Sugar nes, invert sugar, caramel and artificial honey, becoming the 36th largest importer of Sugar nes, invert sugar, caramel and artificial honey in the world. At the same year, Sugar nes, invert sugar, caramel and artificial honey was the 1134th most imported product in Hungary. Hungary imports Sugar nes, invert sugar, caramel and artificial honey primarily from: Netherlands ($3.32M), France ($2.59M), Germany ($1.72M), Slovakia ($1.51M), and Belgium ($1.16M).

The fastest growing import markets in Sugar nes, invert sugar, caramel and artificial honey for Hungary between 2021 and 2022 were Netherlands ($1.06M), Czechia ($504k), and Romania ($435k).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Sugar nes, invert sugar, caramel and artificial honey from Hungary to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Sugar nes, invert sugar, caramel and artificial honey. 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)$2.72M
IMPORTS (2022)$14.5M
NET TRADE (2022)-$11.7M

In 2022, Hungary exported $2.72M in Sugar nes, invert sugar, caramel and artificial honey. The main destinations of Hungary exports on Sugar nes, invert sugar, caramel and artificial honey were Latvia ($697k), Japan ($606k), Germany ($581k), France ($149k), and Romania ($136k).

In 2022, Hungary imported $14.5M in Sugar nes, invert sugar, caramel and artificial honey, mainly from Netherlands ($3.32M), France ($2.59M), Germany ($1.72M), Slovakia ($1.51M), and Belgium ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugar nes, invert sugar, caramel and artificial honey EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Japan$456k (304%)
Germany$401k (223%)
Latvia$80.9k (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugar nes, invert sugar, caramel and artificial honey BY Hungary WERE (2021 - 2022):
Netherlands-$121k (-71.3%)
Slovakia-$79.4k (-65.2%)
Australia-$77.3k (-56.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Hungary's main exporting competitors in Sugar nes, invert sugar, caramel and artificial honey were:
In 2022, Hungary's main importing competitors in Sugar nes, invert sugar, caramel and artificial honey were:

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Trade Value of Sugar nes, invert sugar, caramel and artificial honey by Exporters

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