2022
Exports
$231MWorld Rnk 26 / 198
Flag Rnk 116 / 1206
2022
PRODUCT COMPLEXITY IN Air Conditioners
0.55Rnk 346 / 1025
2022
Imports
$645MWorld Rnk 30 / 224
Flag Rnk 45 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $231M in Air Conditioners, making it the 26th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 116th most exported product in Hungary. The main destination of Air Conditioners exports from Hungary are: Germany ($84.9M), Slovakia ($20M), France ($20M), Austria ($17.2M), and Czechia ($11.6M).

The fastest growing export markets for Air Conditioners of Hungary between 2021 and 2022 were France ($6.69M), Germany ($4.54M), and Czechia ($1.47M).

Imports In 2022, Hungary imported $645M in Air Conditioners, becoming the 30th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 45th most imported product in Hungary. Hungary imports Air Conditioners primarily from: China ($178M), Hong Kong ($98.2M), Austria ($78.2M), Germany ($40.6M), and South Korea ($37M).

The fastest growing import markets in Air Conditioners for Hungary between 2021 and 2022 were China ($114M), Hong Kong ($59.8M), and Slovakia ($9.09M).

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 Air Conditioners. 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)$231M
IMPORTS (2022)$645M
NET TRADE (2022)-$415M

In 2022, Hungary exported $231M in Air Conditioners. The main destinations of Hungary exports on Air Conditioners were Germany ($84.9M), Slovakia ($20M), France ($20M), Austria ($17.2M), and Czechia ($11.6M).

In 2022, Hungary imported $645M in Air Conditioners, mainly from China ($178M), Hong Kong ($98.2M), Austria ($78.2M), Germany ($40.6M), and South Korea ($37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
France$6.69M (50.5%)
Germany$4.54M (5.65%)
Czechia$1.47M (14.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Hungary WERE (2021 - 2022):
Bulgaria-$2.16M (-20.6%)
Switzerland-$2.03M (-25.6%)
Ireland-$1.96M (-45%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Air Conditioners were:
China $23.1B
In 2022, Hungary's main importing competitors in Air Conditioners were:

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $7.56M
TOP IMPORT POTENTIALChina+ $37.8M

Air Conditioners’s highest export potential is Italy. With an export gap of $7.56M.   Air Conditioners’s highest import potential is China with an import gap of $37.8M.

See methodology.

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