2022
Exports
$97.1MWorld Rnk 18 / 170
Flag Rnk 206 / 1206
2022
PRODUCT COMPLEXITY IN Utility Meters
0.046Rnk 536 / 1025
2022
Imports
$56.5MWorld Rnk 39 / 219
Flag Rnk 348 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $97.1M in Utility Meters, making it the 18th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 206th most exported product in Hungary. The main destination of Utility Meters exports from Hungary are: Germany ($38.3M), France ($30.6M), Ukraine ($4.78M), Austria ($3.99M), and Slovakia ($3.86M).

The fastest growing export markets for Utility Meters of Hungary between 2021 and 2022 were Germany ($11.6M), France ($9.31M), and Ukraine ($2.32M).

Imports In 2022, Hungary imported $56.5M in Utility Meters, becoming the 39th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 348th most imported product in Hungary. Hungary imports Utility Meters primarily from: China ($13.9M), France ($11.3M), Italy ($7.81M), Germany ($7.72M), and Czechia ($5.25M).

The fastest growing import markets in Utility Meters for Hungary between 2021 and 2022 were Italy ($1.9M), Czechia ($1.66M), and France ($1.55M).

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 Utility Meters. 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)$97.1M
IMPORTS (2022)$56.5M
NET TRADE (2022)$40.6M

In 2022, Hungary exported $97.1M in Utility Meters. The main destinations of Hungary exports on Utility Meters were Germany ($38.3M), France ($30.6M), Ukraine ($4.78M), Austria ($3.99M), and Slovakia ($3.86M).

In 2022, Hungary imported $56.5M in Utility Meters, mainly from China ($13.9M), France ($11.3M), Italy ($7.81M), Germany ($7.72M), and Czechia ($5.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$11.6M (43.4%)
France$9.31M (43.7%)
Ukraine$2.32M (94.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Hungary WERE (2021 - 2022):
United Kingdom-$9.74M (-94.9%)
United States-$5.44M (-94.3%)
Slovakia-$4.62M (-54.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $2.36M
TOP IMPORT POTENTIALChina+ $3.66M

Utility Meters’s highest export potential is Austria. With an export gap of $2.36M.   Utility Meters’s highest import potential is China with an import gap of $3.66M.

See methodology.

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