2023
Exports
$360kWorld Rnk 51 / 131
Flag Rnk 977 / 1203
2023
PRODUCT COMPLEXITY IN Vegetable and Mineral Carvings
-0.044Rnk 573 / 1025
2023
Imports
$14.9MWorld Rnk 17 / 194
Flag Rnk 597 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $360k in Vegetable and Mineral Carvings, making it the 51st largest exporter of Vegetable and Mineral Carvings in the world. At the same year, Vegetable and Mineral Carvings was the 977th most exported product in Hungary. The main destination of Vegetable and Mineral Carvings exports from Hungary are: Belgium ($174k), Romania ($98.2k), United States ($45.6k), Austria ($17.2k), and Denmark ($11k).

The fastest growing export markets for Vegetable and Mineral Carvings of Hungary between 2022 and 2023 were Belgium ($174k), Austria ($6.67k), and Denmark ($6.42k).

Imports In 2023, Hungary imported $14.9M in Vegetable and Mineral Carvings, becoming the 17th largest importer of Vegetable and Mineral Carvings in the world. At the same year, Vegetable and Mineral Carvings was the 597th most imported product in Hungary. Hungary imports Vegetable and Mineral Carvings primarily from: Belgium ($12.7M), China ($1.04M), Croatia ($607k), France ($206k), and Romania ($97.6k).

The fastest growing import markets in Vegetable and Mineral Carvings for Hungary between 2022 and 2023 were Belgium ($1.37M), China ($78.5k), and Romania ($75.9k).

Latest Trends

Jan 2025

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 Vegetable and Mineral Carvings. 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)$360k
IMPORTS (2023)$14.9M
NET TRADE (2023)-$14.6M

In 2023, Hungary exported $360k in Vegetable and Mineral Carvings. The main destinations of Hungary exports on Vegetable and Mineral Carvings were Belgium ($174k), Romania ($98.2k), United States ($45.6k), Austria ($17.2k), and Denmark ($11k).

In 2023, Hungary imported $14.9M in Vegetable and Mineral Carvings, mainly from Belgium ($12.7M), China ($1.04M), Croatia ($607k), France ($206k), and Romania ($97.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vegetable and Mineral Carvings EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Belgium$174k (1%)
Austria$6.67k (63%)
Denmark$6.42k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable and Mineral Carvings BY Hungary WERE (2022 - 2023):
Romania-$67.7k (-40.8%)
Canada-$9.11k (-99.3%)
Australia-$4.76k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Vegetable and Mineral Carvings were:
In 2023, Hungary's main importing competitors in Vegetable and Mineral Carvings were:

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Trade Value of Vegetable and Mineral Carvings by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $56.5k
TOP IMPORT POTENTIALChina+ $460k

Vegetable and Mineral Carvings’s highest export potential is United States. With an export gap of $56.5k.   Vegetable and Mineral Carvings’s highest import potential is China with an import gap of $460k.

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