2022
Exports
$39.5MWorld Rnk 23 / 117
Flag Rnk 328 / 1206
2022
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 408 / 1025
2022
Imports
$15.7MWorld Rnk 49 / 198
Flag Rnk 605 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $39.5M in Whey and other milk products, making it the 23rd largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 328th most exported product in Hungary. The main destination of Whey and other milk products exports from Hungary are: Netherlands ($9.59M), Romania ($6.25M), Czechia ($5.48M), Bosnia and Herzegovina ($2.62M), and Italy ($2.16M).

The fastest growing export markets for Whey and other milk products of Hungary between 2021 and 2022 were Netherlands ($3.06M), Czechia ($1.9M), and Italy ($1.7M).

Imports In 2022, Hungary imported $15.7M in Whey and other milk products, becoming the 49th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 605th most imported product in Hungary. Hungary imports Whey and other milk products primarily from: Germany ($5.46M), Poland ($3.69M), Netherlands ($2.81M), Austria ($1.88M), and Czechia ($544k).

The fastest growing import markets in Whey and other milk products for Hungary between 2021 and 2022 were Germany ($2.38M), Poland ($2.26M), and Netherlands ($939k).

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 Whey and other milk products. 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)$39.5M
IMPORTS (2022)$15.7M
NET TRADE (2022)$23.9M

In 2022, Hungary exported $39.5M in Whey and other milk products. The main destinations of Hungary exports on Whey and other milk products were Netherlands ($9.59M), Romania ($6.25M), Czechia ($5.48M), Bosnia and Herzegovina ($2.62M), and Italy ($2.16M).

In 2022, Hungary imported $15.7M in Whey and other milk products, mainly from Germany ($5.46M), Poland ($3.69M), Netherlands ($2.81M), Austria ($1.88M), and Czechia ($544k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Netherlands$3.06M (46.9%)
Czechia$1.9M (52.9%)
Italy$1.7M (374%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Hungary WERE (2021 - 2022):
Denmark-$3.3M (-97.2%)
Vietnam-$1.05M (-79.7%)
Cameroon-$369k (-45.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Whey and other milk products were:
In 2022, Hungary's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.09M
TOP IMPORT POTENTIALAustria+ $694k

Whey and other milk products’s highest export potential is China. With an export gap of $2.09M.   Whey and other milk products’s highest import potential is Austria with an import gap of $694k.

See methodology.

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