2022
Exports
$21.4MWorld Rnk 24 / 175
Flag Rnk 409 / 1206
2022
PRODUCT COMPLEXITY IN Used Rubber Tires
0.67Rnk 290 / 1025
2022
Imports
$22.5MWorld Rnk 26 / 219
Flag Rnk 536 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $21.4M in Used Rubber Tires, making it the 24th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 409th most exported product in Hungary. The main destination of Used Rubber Tires exports from Hungary are: Czechia ($5.8M), Romania ($3.62M), Austria ($2.92M), Germany ($2.22M), and Slovakia ($2.03M).

The fastest growing export markets for Used Rubber Tires of Hungary between 2021 and 2022 were Czechia ($637k), Serbia ($324k), and Bulgaria ($141k).

Imports In 2022, Hungary imported $22.5M in Used Rubber Tires, becoming the 26th largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 536th most imported product in Hungary. Hungary imports Used Rubber Tires primarily from: Germany ($15.3M), Sri Lanka ($1.33M), Spain ($928k), France ($901k), and Slovakia ($613k).

The fastest growing import markets in Used Rubber Tires for Hungary between 2021 and 2022 were Slovakia ($318k), Netherlands ($189k), and China ($80.5k).

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 Used Rubber Tires. 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)$21.4M
IMPORTS (2022)$22.5M
NET TRADE (2022)-$1.09M

In 2022, Hungary exported $21.4M in Used Rubber Tires. The main destinations of Hungary exports on Used Rubber Tires were Czechia ($5.8M), Romania ($3.62M), Austria ($2.92M), Germany ($2.22M), and Slovakia ($2.03M).

In 2022, Hungary imported $22.5M in Used Rubber Tires, mainly from Germany ($15.3M), Sri Lanka ($1.33M), Spain ($928k), France ($901k), and Slovakia ($613k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Czechia$637k (12.3%)
Serbia$324k (50.2%)
Bulgaria$141k (14.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Hungary WERE (2021 - 2022):
Austria-$1.4M (-32.4%)
Germany-$1.31M (-37.1%)
Romania-$436k (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Used Rubber Tires were:
In 2022, Hungary's main importing competitors in Used Rubber Tires were:

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $922k
TOP IMPORT POTENTIALChina+ $522k

Used Rubber Tires’s highest export potential is Germany. With an export gap of $922k.   Used Rubber Tires’s highest import potential is China with an import gap of $522k.

See methodology.

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