About

Exports In 2022, Hungary exported $656k in Wrench sockets, ratchet handles, extensions, spinners, making it the 43rd largest exporter of Wrench sockets, ratchet handles, extensions, spinners in the world. At the same year, Wrench sockets, ratchet handles, extensions, spinners was the 2465th most exported product in Hungary. The main destination of Wrench sockets, ratchet handles, extensions, spinners exports from Hungary are: Germany ($165k), Romania ($75k), Poland ($72.9k), United States ($44.7k), and Slovakia ($31.2k).

The fastest growing export markets for Wrench sockets, ratchet handles, extensions, spinners of Hungary between 2021 and 2022 were Turkey ($28.7k), Germany ($16.7k), and Mexico ($15.7k).

Imports In 2022, Hungary imported $7.66M in Wrench sockets, ratchet handles, extensions, spinners, becoming the 35th largest importer of Wrench sockets, ratchet handles, extensions, spinners in the world. At the same year, Wrench sockets, ratchet handles, extensions, spinners was the 1577th most imported product in Hungary. Hungary imports Wrench sockets, ratchet handles, extensions, spinners primarily from: Germany ($2.66M), China ($1.26M), Austria ($863k), Poland ($706k), and Chinese Taipei ($656k).

The fastest growing import markets in Wrench sockets, ratchet handles, extensions, spinners for Hungary between 2021 and 2022 were Germany ($375k), Belgium ($118k), and Chinese Taipei ($65.6k).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Wrench sockets, ratchet handles, extensions, spinners from Hungary to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Wrench sockets, ratchet handles, extensions, spinners. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$656k
IMPORTS (2022)$7.66M
NET TRADE (2022)-$7.01M

In 2022, Hungary exported $656k in Wrench sockets, ratchet handles, extensions, spinners. The main destinations of Hungary exports on Wrench sockets, ratchet handles, extensions, spinners were Germany ($165k), Romania ($75k), Poland ($72.9k), United States ($44.7k), and Slovakia ($31.2k).

In 2022, Hungary imported $7.66M in Wrench sockets, ratchet handles, extensions, spinners, mainly from Germany ($2.66M), China ($1.26M), Austria ($863k), Poland ($706k), and Chinese Taipei ($656k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrench sockets, ratchet handles, extensions, spinners EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Turkey$28.7k (1.8k%)
Germany$16.7k (11.3%)
Mexico$15.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrench sockets, ratchet handles, extensions, spinners BY Hungary WERE (2021 - 2022):
Kazakhstan-$54.6k (-100%)
Romania-$26.2k (-25.9%)
Russia-$17.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Wrench sockets, ratchet handles, extensions, spinners were:
In 2022, Hungary's main importing competitors in Wrench sockets, ratchet handles, extensions, spinners were:

Explore Visualizations

Trade Value of Wrench sockets, ratchet handles, extensions, spinners by Exporters

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with