2022
Exports
$66.2MWorld Rnk 22 / 166
Flag Rnk 256 / 1206
2022
PRODUCT COMPLEXITY IN Textiles for technical uses
1.04Rnk 154 / 1025
2022
Imports
$33.4MWorld Rnk 39 / 217
Flag Rnk 455 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $66.2M in Textiles for technical uses, making it the 22nd largest exporter of Textiles for technical uses in the world. At the same year, Textiles for technical uses was the 256th most exported product in Hungary. The main destination of Textiles for technical uses exports from Hungary are: Canada ($12.7M), Italy ($11.2M), China ($8.86M), United States ($7.09M), and Romania ($5.54M).

The fastest growing export markets for Textiles for technical uses of Hungary between 2021 and 2022 were South Korea ($910k), Slovakia ($755k), and Turkey ($731k).

Imports In 2022, Hungary imported $33.4M in Textiles for technical uses, becoming the 39th largest importer of Textiles for technical uses in the world. At the same year, Textiles for technical uses was the 455th most imported product in Hungary. Hungary imports Textiles for technical uses primarily from: Germany ($10.9M), Italy ($4.3M), China ($2.82M), Serbia ($2.33M), and Austria ($1.56M).

The fastest growing import markets in Textiles for technical uses for Hungary between 2021 and 2022 were Italy ($1.7M), Germany ($790k), and United States ($746k).

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 Textiles for technical uses. 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)$66.2M
IMPORTS (2022)$33.4M
NET TRADE (2022)$32.8M

In 2022, Hungary exported $66.2M in Textiles for technical uses. The main destinations of Hungary exports on Textiles for technical uses were Canada ($12.7M), Italy ($11.2M), China ($8.86M), United States ($7.09M), and Romania ($5.54M).

In 2022, Hungary imported $33.4M in Textiles for technical uses, mainly from Germany ($10.9M), Italy ($4.3M), China ($2.82M), Serbia ($2.33M), and Austria ($1.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textiles for technical uses EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
South Korea$910k (1.37k%)
Slovakia$755k (191%)
Turkey$731k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textiles for technical uses BY Hungary WERE (2021 - 2022):
Canada-$6.05M (-32.3%)
United States-$5.42M (-43.3%)
Italy-$2.55M (-18.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Textiles for technical uses were:
In 2022, Hungary's main importing competitors in Textiles for technical uses were:

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Trade Value of Textiles for technical uses by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $3.59M
TOP IMPORT POTENTIALChina+ $1.59M

Textiles for technical uses’s highest export potential is United States. With an export gap of $3.59M.   Textiles for technical uses’s highest import potential is China with an import gap of $1.59M.

See methodology.

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