2022
Exports
$71.8MWorld Rnk 46 / 215
Flag Rnk 238 / 1206
2022
PRODUCT COMPLEXITY IN Knit Women's Suits
-1.27Rnk 900 / 1025
2022
Imports
$182MWorld Rnk 42 / 220
Flag Rnk 155 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

The fastest growing export markets for Knit Women's Suits of Hungary between 2021 and 2022 were Romania ($3.72M), Spain ($3.18M), and Bulgaria ($3.12M).

Imports In 2022, Hungary imported $182M in Knit Women's Suits, becoming the 42nd largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 155th most imported product in Hungary. Hungary imports Knit Women's Suits primarily from: Poland ($33.4M), Germany ($32.6M), Austria ($18.1M), Slovakia ($16.8M), and China ($14.7M).

The fastest growing import markets in Knit Women's Suits for Hungary between 2021 and 2022 were Poland ($8.4M), Austria ($5.77M), and Germany ($5.1M).

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 Knit Women's Suits. 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)$71.8M
IMPORTS (2022)$182M
NET TRADE (2022)-$110M

In 2022, Hungary imported $182M in Knit Women's Suits, mainly from Poland ($33.4M), Germany ($32.6M), Austria ($18.1M), Slovakia ($16.8M), and China ($14.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$3.72M (25.2%)
Spain$3.18M (339%)
Bulgaria$3.12M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Hungary WERE (2021 - 2022):
Croatia-$389k (-7.05%)
Poland-$387k (-18.1%)
United States-$264k (-25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Knit Women's Suits were:
In 2022, Hungary's main importing competitors in Knit Women's Suits were:

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $5.67M
TOP IMPORT POTENTIALChina+ $12.6M

Knit Women's Suits’s highest export potential is Germany. With an export gap of $5.67M.   Knit Women's Suits’s highest import potential is China with an import gap of $12.6M.

See methodology.

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