2023
Exports
$1.88MWorld Rnk 28 / 165
Flag Rnk 792 / 1203
2023
PRODUCT COMPLEXITY IN Wood Frames
-0.59Rnk 732 / 1025
2023
Imports
$8.77MWorld Rnk 19 / 209
Flag Rnk 698 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $1.88M in Wood Frames, making it the 28th largest exporter of Wood Frames in the world. At the same year, Wood Frames was the 792nd most exported product in Hungary. The main destination of Wood Frames exports from Hungary are: Romania ($532k), Croatia ($349k), Italy ($237k), Serbia ($225k), and Bulgaria ($132k).

The fastest growing export markets for Wood Frames of Hungary between 2022 and 2023 were Croatia ($117k), Italy ($111k), and Serbia ($54.6k).

Imports In 2023, Hungary imported $8.77M in Wood Frames, becoming the 19th largest importer of Wood Frames in the world. At the same year, Wood Frames was the 698th most imported product in Hungary. Hungary imports Wood Frames primarily from: China ($4.49M), Greece ($1.95M), Poland ($1.3M), Germany ($288k), and Denmark ($248k).

The fastest growing import markets in Wood Frames for Hungary between 2022 and 2023 were China ($1.94M), Greece ($1.82M), and Denmark ($186k).

Latest Trends

Dec 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 Frames. 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)$1.88M
IMPORTS (2023)$8.77M
NET TRADE (2023)-$6.89M

In 2023, Hungary exported $1.88M in Wood Frames. The main destinations of Hungary exports on Wood Frames were Romania ($532k), Croatia ($349k), Italy ($237k), Serbia ($225k), and Bulgaria ($132k).

In 2023, Hungary imported $8.77M in Wood Frames, mainly from China ($4.49M), Greece ($1.95M), Poland ($1.3M), Germany ($288k), and Denmark ($248k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Frames EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Croatia$117k (50.7%)
Italy$111k (88.1%)
Serbia$54.6k (32.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Frames BY Hungary WERE (2022 - 2023):
Romania-$191k (-26.4%)
Bulgaria-$16.9k (-11.4%)
Netherlands-$2.63k (-67.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Wood Frames were:
In 2023, Hungary's main importing competitors in Wood Frames were:

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Trade Value of Wood Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $62.2k
TOP IMPORT POTENTIALChina+ $193k

Wood Frames’s highest export potential is Italy. With an export gap of $62.2k.   Wood Frames’s highest import potential is China with an import gap of $193k.

See methodology.

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