2022
Exports
$210MWorld Rnk 23 / 177
Flag Rnk 127 / 1206
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$120MWorld Rnk 24 / 222
Flag Rnk 212 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $210M in Wood Carpentry, making it the 23rd largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 127th most exported product in Hungary. The main destination of Wood Carpentry exports from Hungary are: Austria ($42.1M), Germany ($28M), Italy ($27.7M), United Kingdom ($24.1M), and Poland ($15.1M).

The fastest growing export markets for Wood Carpentry of Hungary between 2021 and 2022 were United Kingdom ($2.19M), Italy ($1.23M), and Austria ($909k).

Imports In 2018, Hungary imported $120M in Wood Carpentry, becoming the 24th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 212th most imported product in Hungary. Hungary imports Wood Carpentry primarily from: Germany ($24.2M), Poland ($17.1M), Austria ($16.3M), Slovakia ($14.3M), and Romania ($12M).

The fastest growing import markets in Wood Carpentry for Hungary between 2021 and 2022 were Turkey ($1.4M), Germany ($527k), and Italy ($497k).

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 Wood Carpentry. 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)$210M
IMPORTS (2022)$120M
NET TRADE (2022)$90.4M

In 2022, Hungary exported $210M in Wood Carpentry. The main destinations of Hungary exports on Wood Carpentry were Austria ($42.1M), Germany ($28M), Italy ($27.7M), United Kingdom ($24.1M), and Poland ($15.1M).

In 2022, Hungary imported $120M in Wood Carpentry, mainly from Germany ($24.2M), Poland ($17.1M), Austria ($16.3M), Slovakia ($14.3M), and Romania ($12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United Kingdom$2.19M (9.98%)
Italy$1.23M (4.62%)
Austria$909k (2.21%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Hungary WERE (2021 - 2022):
Russia-$3.39M (-84.9%)
Belgium-$1.77M (-12.7%)
China-$1.62M (-50.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Hungary's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.61M
TOP IMPORT POTENTIALAustria+ $8.3M

Wood Carpentry’s highest export potential is Germany. With an export gap of $8.61M.   Wood Carpentry’s highest import potential is Austria with an import gap of $8.3M.

See methodology.

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