2023
Exports
$78.2MWorld Rnk 24 / 168
Flag Rnk 229 / 1203
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$258MWorld Rnk 14 / 220
Flag Rnk 109 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $78.2M in Unpackaged Medicaments, making it the 24th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 229th most exported product in Hungary. The main destination of Unpackaged Medicaments exports from Hungary are: Bulgaria ($23.8M), Spain ($18.2M), Czechia ($15M), Austria ($4.51M), and Denmark ($2.38M).

The fastest growing export markets for Unpackaged Medicaments of Hungary between 2022 and 2023 were Bulgaria ($19M), Czechia ($14.5M), and Croatia ($1.79M).

Imports In 2023, Hungary imported $258M in Unpackaged Medicaments, becoming the 14th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 109th most imported product in Hungary. Hungary imports Unpackaged Medicaments primarily from: India ($69.2M), Belgium ($68.5M), United States ($30.7M), Germany ($21.4M), and Australia ($17.3M).

The fastest growing import markets in Unpackaged Medicaments for Hungary between 2022 and 2023 were Belgium ($64.7M), United States ($30.6M), and India ($15M).

Latest Trends

Jan 2025

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 Unpackaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$78.2M
IMPORTS (2023)$258M
NET TRADE (2023)-$180M

In 2023, Hungary exported $78.2M in Unpackaged Medicaments. The main destinations of Hungary exports on Unpackaged Medicaments were Bulgaria ($23.8M), Spain ($18.2M), Czechia ($15M), Austria ($4.51M), and Denmark ($2.38M).

In 2023, Hungary imported $258M in Unpackaged Medicaments, mainly from India ($69.2M), Belgium ($68.5M), United States ($30.7M), Germany ($21.4M), and Australia ($17.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Bulgaria$19M (400%)
Czechia$14.5M (2.87k%)
Croatia$1.79M (6.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Hungary WERE (2022 - 2023):
Netherlands-$8.5M (-84.2%)
Germany-$270k (-89.1%)
Austria-$269k (-5.63%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hungary's main exporting competitors in Unpackaged Medicaments were:
In 2023, Hungary's main importing competitors in Unpackaged Medicaments were:

Explore Visualizations

Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $1.33M
TOP IMPORT POTENTIALItaly+ $2.1M

Unpackaged Medicaments’s highest export potential is Austria. With an export gap of $1.33M.   Unpackaged Medicaments’s highest import potential is Italy with an import gap of $2.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with