2023
Exports
$700MWorld Rnk 21 / 221
Flag Rnk 42 / 1203
2023
PRODUCT COMPLEXITY IN Transmissions
1.42Rnk 57 / 1025
2023
Imports
$1.16BWorld Rnk 16 / 224
Flag Rnk 24 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $700M in Transmissions, making it the 21st largest exporter of Transmissions in the world. At the same year, Transmissions was the 42nd most exported product in Hungary. The main destination of Transmissions exports from Hungary are: Germany ($198M), United Kingdom ($64.1M), United States ($54.1M), Austria ($50.6M), and Poland ($49M).

The fastest growing export markets for Transmissions of Hungary between 2022 and 2023 were Austria ($25.2M), Poland ($19.1M), and United States ($11.9M).

Imports In 2023, Hungary imported $1.16B in Transmissions, becoming the 16th largest importer of Transmissions in the world. At the same year, Transmissions was the 24th most imported product in Hungary. Hungary imports Transmissions primarily from: Germany ($475M), Italy ($127M), Poland ($86.3M), China ($55.5M), and France ($47.5M).

The fastest growing import markets in Transmissions for Hungary between 2022 and 2023 were Poland ($30.7M), France ($10.5M), and Slovakia ($9.72M).

COMPANIES In 2024, leading companies such as Robert Bosch (50) were at the forefront of shipping Transmissions from Hungary to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Transmissions. 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 (2023)$700M
IMPORTS (2023)$1.16B
NET TRADE (2023)-$456M

In 2023, Hungary exported $700M in Transmissions. The main destinations of Hungary exports on Transmissions were Germany ($198M), United Kingdom ($64.1M), United States ($54.1M), Austria ($50.6M), and Poland ($49M).

In 2023, Hungary imported $1.16B in Transmissions, mainly from Germany ($475M), Italy ($127M), Poland ($86.3M), China ($55.5M), and France ($47.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Austria$25.2M (99.2%)
Poland$19.1M (63.6%)
United States$11.9M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Hungary WERE (2022 - 2023):
Belgium-$11.2M (-54.9%)
Brazil-$2.93M (-35%)
South Korea-$2.44M (-85.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Transmissions were:
In 2023, Hungary's main importing competitors in Transmissions were:

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.6M
TOP IMPORT POTENTIALChina+ $36.1M

Transmissions’s highest export potential is United States. With an export gap of $34.6M.   Transmissions’s highest import potential is China with an import gap of $36.1M.

See methodology.

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