2022
Exports
$7.23MWorld Rnk 35 / 211
Flag Rnk 1120 / 4462
falsefalse Netherlands
2022
Imports
$25MWorld Rnk 35 / 224
Flag Rnk 838 / 4520
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $7.23M in Tools for masons/watchmakers/miners, hand tools nes, making it the 35th largest exporter of Tools for masons/watchmakers/miners, hand tools nes in the world. At the same year, Tools for masons/watchmakers/miners, hand tools nes was the 1120th most exported product in Hungary. The main destination of Tools for masons/watchmakers/miners, hand tools nes exports from Hungary are: Netherlands ($1.15M), Belgium ($972k), Germany ($629k), Romania ($582k), and Italy ($463k).

The fastest growing export markets for Tools for masons/watchmakers/miners, hand tools nes of Hungary between 2021 and 2022 were Netherlands ($824k), Italy ($387k), and United Kingdom ($215k).

Imports In 2022, Hungary imported $25M in Tools for masons/watchmakers/miners, hand tools nes, becoming the 35th largest importer of Tools for masons/watchmakers/miners, hand tools nes in the world. At the same year, Tools for masons/watchmakers/miners, hand tools nes was the 838th most imported product in Hungary. Hungary imports Tools for masons/watchmakers/miners, hand tools nes primarily from: Germany ($6.93M), China ($4.25M), Austria ($2.96M), Poland ($2.5M), and Czechia ($1.15M).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Tools for masons/watchmakers/miners, hand tools nes from Hungary to the United States.

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 Tools for masons/watchmakers/miners, hand tools nes. 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)$7.23M
IMPORTS (2022)$25M
NET TRADE (2022)-$17.8M

In 2022, Hungary exported $7.23M in Tools for masons/watchmakers/miners, hand tools nes. The main destinations of Hungary exports on Tools for masons/watchmakers/miners, hand tools nes were Netherlands ($1.15M), Belgium ($972k), Germany ($629k), Romania ($582k), and Italy ($463k).

In 2022, Hungary imported $25M in Tools for masons/watchmakers/miners, hand tools nes, mainly from Germany ($6.93M), China ($4.25M), Austria ($2.96M), Poland ($2.5M), and Czechia ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools for masons/watchmakers/miners, hand tools nes EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Netherlands$824k (252%)
Italy$387k (509%)
United Kingdom$215k (865%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools for masons/watchmakers/miners, hand tools nes BY Hungary WERE (2021 - 2022):
Ukraine-$165k (-86.4%)
Romania-$135k (-18.9%)
United Arab Emirates-$117k (-88.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Tools for masons/watchmakers/miners, hand tools nes were:
In 2022, Hungary's main importing competitors in Tools for masons/watchmakers/miners, hand tools nes were:

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Trade Value of Tools for masons/watchmakers/miners, hand tools nes by Exporters

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