2023
Exports
$44.3MWorld Rnk 27 / 137
Flag Rnk 296 / 1203
2023
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.88Rnk 213 / 1025
2023
Imports
$6.18MWorld Rnk 74 / 204
Flag Rnk 759 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $44.3M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 27th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 296th most exported product in Hungary. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Hungary are: Germany ($13.8M), India ($9.23M), France ($7.24M), Belgium ($3.95M), and United Kingdom ($3.43M).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Hungary between 2022 and 2023 were Germany ($9.36M), India ($9.23M), and Slovakia ($3.12M).

Imports In 2023, Hungary imported $6.18M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 74th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 759th most imported product in Hungary. Hungary imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: Italy ($2.1M), Slovakia ($707k), Germany ($635k), Belgium ($497k), and Czechia ($463k).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Hungary between 2022 and 2023 were Czechia ($178k), Slovakia ($137k), and Australia ($130k).

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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). 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)$44.3M
IMPORTS (2023)$6.18M
NET TRADE (2023)$38.1M

In 2023, Hungary exported $44.3M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Hungary exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Germany ($13.8M), India ($9.23M), France ($7.24M), Belgium ($3.95M), and United Kingdom ($3.43M).

In 2023, Hungary imported $6.18M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from Italy ($2.1M), Slovakia ($707k), Germany ($635k), Belgium ($497k), and Czechia ($463k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Germany$9.36M (208%)
India$9.23M (1%)
Slovakia$3.12M (29.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Hungary WERE (2022 - 2023):
United Kingdom-$1.72M (-33.4%)
Austria-$702k (-43.2%)
Czechia-$659k (-45.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
China $1.92B
Germany $1.21B
In 2023, Hungary's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.32M
TOP IMPORT POTENTIALChina+ $957k

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is Germany. With an export gap of $1.32M.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is China with an import gap of $957k.

See methodology.

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