2022
Exports
$5.8MWorld Rnk 35 / 173
Flag Rnk 91 / 96
2022
PRODUCT COMPLEXITY IN Vegetable plaiting materials & products, n.e.s.
-1.61Rnk 961 / 1025
2022
Imports
$3.82MWorld Rnk 51 / 201
Flag Rnk 94 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $5.8M in Vegetable plaiting materials & products, n.e.s., making it the 35th largest exporter of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 91st most exported product in Hungary. The main destination of Vegetable plaiting materials & products, n.e.s. exports from Hungary are: Germany ($1.14M), United Kingdom ($916k), Romania ($709k), France ($608k), and Netherlands ($577k).

The fastest growing export markets for Vegetable plaiting materials & products, n.e.s. of Hungary between 2021 and 2022 were Romania ($401k), Germany ($342k), and France ($338k).

Imports In 2022, Hungary imported $3.82M in Vegetable plaiting materials & products, n.e.s., becoming the 51st largest importer of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 94th most imported product in Hungary. Hungary imports Vegetable plaiting materials & products, n.e.s. primarily from: Sri Lanka ($1.19M), Spain ($611k), Netherlands ($222k), Romania ($222k), and India ($221k).

The fastest growing import markets in Vegetable plaiting materials & products, n.e.s. for Hungary between 2021 and 2022 were Austria ($167k), Slovakia ($104k), and Italy ($93.7k).

Latest Trends

Jul 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 Vegetable plaiting materials & products, n.e.s.. 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)$5.8M
IMPORTS (2022)$3.82M
NET TRADE (2022)$1.98M

In 2022, Hungary exported $5.8M in Vegetable plaiting materials & products, n.e.s.. The main destinations of Hungary exports on Vegetable plaiting materials & products, n.e.s. were Germany ($1.14M), United Kingdom ($916k), Romania ($709k), France ($608k), and Netherlands ($577k).

In 2022, Hungary imported $3.82M in Vegetable plaiting materials & products, n.e.s., mainly from Sri Lanka ($1.19M), Spain ($611k), Netherlands ($222k), Romania ($222k), and India ($221k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable plaiting materials & products, n.e.s. EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$401k (130%)
Germany$342k (43%)
France$338k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable plaiting materials & products, n.e.s. BY Hungary WERE (2021 - 2022):
Austria-$517k (-58.8%)
Slovenia-$228k (-79.2%)
China-$150k (-51.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Vegetable plaiting materials & products, n.e.s. were:
In 2022, Hungary's main importing competitors in Vegetable plaiting materials & products, n.e.s. were:

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Trade Value of Vegetable plaiting materials & products, n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $132k
TOP IMPORT POTENTIALIndia+ $149k

Vegetable plaiting materials & products, n.e.s.’s highest export potential is China. With an export gap of $132k.   Vegetable plaiting materials & products, n.e.s.’s highest import potential is India with an import gap of $149k.

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