2022
Exports
$12.6MWorld Rnk 46 / 195
Flag Rnk 503 / 1206
2022
PRODUCT COMPLEXITY IN Base Metal Watches
0.41Rnk 406 / 1025
2022
Imports
$47MWorld Rnk 53 / 220
Flag Rnk 391 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $12.6M in Base Metal Watches, making it the 46th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 503rd most exported product in Hungary. The main destination of Base Metal Watches exports from Hungary are: Slovakia ($3.4M), Austria ($1.64M), Hong Kong ($1.35M), Czechia ($729k), and Germany ($651k).

The fastest growing export markets for Base Metal Watches of Hungary between 2021 and 2022 were Slovakia ($1.15M), Germany ($296k), and Poland ($281k).

Imports In 2022, Hungary imported $47M in Base Metal Watches, becoming the 53rd largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 391st most imported product in Hungary. Hungary imports Base Metal Watches primarily from: Switzerland ($19.2M), Germany ($6.18M), Czechia ($4.37M), Poland ($2.33M), and Austria ($2.24M).

The fastest growing import markets in Base Metal Watches for Hungary between 2021 and 2022 were Germany ($2.32M), Switzerland ($1.61M), and Poland ($1.22M).

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 Base Metal Watches. 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)$12.6M
IMPORTS (2022)$47M
NET TRADE (2022)-$34.4M

In 2022, Hungary exported $12.6M in Base Metal Watches. The main destinations of Hungary exports on Base Metal Watches were Slovakia ($3.4M), Austria ($1.64M), Hong Kong ($1.35M), Czechia ($729k), and Germany ($651k).

In 2022, Hungary imported $47M in Base Metal Watches, mainly from Switzerland ($19.2M), Germany ($6.18M), Czechia ($4.37M), Poland ($2.33M), and Austria ($2.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovakia$1.15M (51.1%)
Germany$296k (83.5%)
Poland$281k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Hungary WERE (2021 - 2022):
Hong Kong-$909k (-40.3%)
Sweden-$645k (-80.9%)
Croatia-$572k (-56.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Base Metal Watches were:
In 2022, Hungary's main importing competitors in Base Metal Watches were:

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $947k
TOP IMPORT POTENTIALSwitzerland+ $4.61M

Base Metal Watches’s highest export potential is Germany. With an export gap of $947k.   Base Metal Watches’s highest import potential is Switzerland with an import gap of $4.61M.

See methodology.

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