2022
Exports
$2.39MWorld Rnk 40 / 142
Flag Rnk 786 / 1206
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$30MWorld Rnk 36 / 188
Flag Rnk 473 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $2.39M in Tool Plates, making it the 40th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 786th most exported product in Hungary. The main destination of Tool Plates exports from Hungary are: Romania ($836k), Germany ($407k), Netherlands ($329k), Serbia ($186k), and Switzerland ($81.7k).

The fastest growing export markets for Tool Plates of Hungary between 2021 and 2022 were Netherlands ($227k), Switzerland ($79.2k), and Serbia ($66.4k).

Imports In 2022, Hungary imported $30M in Tool Plates, becoming the 36th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 473rd most imported product in Hungary. Hungary imports Tool Plates primarily from: Germany ($17M), Netherlands ($3.53M), Austria ($1.96M), South Korea ($1.42M), and Israel ($1.31M).

The fastest growing import markets in Tool Plates for Hungary between 2021 and 2022 were Netherlands ($1.71M), Austria ($290k), and South Korea ($228k).

Latest Trends

Mar 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 Tool Plates. 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)$2.39M
IMPORTS (2022)$30M
NET TRADE (2022)-$27.6M

In 2022, Hungary exported $2.39M in Tool Plates. The main destinations of Hungary exports on Tool Plates were Romania ($836k), Germany ($407k), Netherlands ($329k), Serbia ($186k), and Switzerland ($81.7k).

In 2022, Hungary imported $30M in Tool Plates, mainly from Germany ($17M), Netherlands ($3.53M), Austria ($1.96M), South Korea ($1.42M), and Israel ($1.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Netherlands$227k (222%)
Switzerland$79.2k (3.22k%)
Serbia$66.4k (55.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Hungary WERE (2021 - 2022):
Belgium-$212k (-100%)
Poland-$203k (-91.4%)
Romania-$196k (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Hungary's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

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