2022
Exports
$209MWorld Rnk 26 / 167
Flag Rnk 128 / 1206
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$723MWorld Rnk 20 / 215
Flag Rnk 39 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $209M in Tractors, making it the 26th largest exporter of Tractors in the world. At the same year, Tractors was the 128th most exported product in Hungary. The main destination of Tractors exports from Hungary are: Romania ($63.4M), Turkey ($43.8M), Slovakia ($15.4M), Poland ($9.68M), and Ukraine ($8.9M).

The fastest growing export markets for Tractors of Hungary between 2021 and 2022 were Turkey ($21.8M), Romania ($20.5M), and Russia ($7.88M).

Imports In 2022, Hungary imported $723M in Tractors, becoming the 20th largest importer of Tractors in the world. At the same year, Tractors was the 39th most imported product in Hungary. Hungary imports Tractors primarily from: Germany ($136M), Netherlands ($134M), France ($62.5M), Austria ($62.1M), and Belgium ($56.3M).

The fastest growing import markets in Tractors for Hungary between 2021 and 2022 were Italy ($20.7M), Netherlands ($20.5M), and Sweden ($15.6M).

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 Tractors. 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)$209M
IMPORTS (2022)$723M
NET TRADE (2022)-$514M

In 2022, Hungary exported $209M in Tractors. The main destinations of Hungary exports on Tractors were Romania ($63.4M), Turkey ($43.8M), Slovakia ($15.4M), Poland ($9.68M), and Ukraine ($8.9M).

In 2022, Hungary imported $723M in Tractors, mainly from Germany ($136M), Netherlands ($134M), France ($62.5M), Austria ($62.1M), and Belgium ($56.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Turkey$21.8M (99%)
Romania$20.5M (47.8%)
Russia$7.88M (3.77k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Hungary WERE (2021 - 2022):
Afghanistan-$24.9M (-96.5%)
Poland-$5.48M (-36.1%)
Netherlands-$3.07M (-55.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Tractors were:
In 2022, Hungary's main importing competitors in Tractors were:

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $9.6M
TOP IMPORT POTENTIALAustria+ $20.7M

Tractors’s highest export potential is Poland. With an export gap of $9.6M.   Tractors’s highest import potential is Austria with an import gap of $20.7M.

See methodology.

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