2022
Exports
$131MWorld Rnk 22 / 196
Flag Rnk 172 / 1206
2022
PRODUCT COMPLEXITY IN Wine
-1.04Rnk 845 / 1025
2022
Imports
$28.8MWorld Rnk 74 / 225
Flag Rnk 485 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $131M in Wine, making it the 22nd largest exporter of Wine in the world. At the same year, Wine was the 172nd most exported product in Hungary. The main destination of Wine exports from Hungary are: Slovakia ($22.1M), Czechia ($18.7M), Germany ($17.5M), France ($9.77M), and United Kingdom ($6.66M).

The fastest growing export markets for Wine of Hungary between 2021 and 2022 were Belgium ($3.87M), Belarus ($2.12M), and Germany ($2.02M).

Imports In 2022, Hungary imported $28.8M in Wine, becoming the 74th largest importer of Wine in the world. At the same year, Wine was the 485th most imported product in Hungary. Hungary imports Wine primarily from: Italy ($11.7M), France ($7.38M), Germany ($3.65M), Romania ($922k), and Spain ($850k).

The fastest growing import markets in Wine for Hungary between 2021 and 2022 were Italy ($1.1M), France ($558k), and Romania ($507k).

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 Wine. 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)$131M
IMPORTS (2022)$28.8M
NET TRADE (2022)$102M

In 2022, Hungary exported $131M in Wine. The main destinations of Hungary exports on Wine were Slovakia ($22.1M), Czechia ($18.7M), Germany ($17.5M), France ($9.77M), and United Kingdom ($6.66M).

In 2022, Hungary imported $28.8M in Wine, mainly from Italy ($11.7M), France ($7.38M), Germany ($3.65M), Romania ($922k), and Spain ($850k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Belgium$3.87M (235%)
Belarus$2.12M (215%)
Germany$2.02M (13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Hungary WERE (2021 - 2022):
United Kingdom-$9.23M (-58.1%)
Poland-$1.04M (-20%)
Italy-$669k (-30.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Hungary's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.41M
TOP IMPORT POTENTIALFrance+ $4.41M

Wine’s highest export potential is Germany. With an export gap of $8.41M.   Wine’s highest import potential is France with an import gap of $4.41M.

See methodology.

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