2022
Exports
$94MWorld Rnk 22 / 157
Flag Rnk 209 / 1206
2022
PRODUCT COMPLEXITY IN Nucleic Acids
1.37Rnk 78 / 1025
2022
Imports
$150MWorld Rnk 25 / 191
Flag Rnk 179 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $94M in Nucleic Acids, making it the 22nd largest exporter of Nucleic Acids in the world. At the same year, Nucleic Acids was the 209th most exported product in Hungary. The main destination of Nucleic Acids exports from Hungary are: India ($18.8M), Brazil ($17M), Japan ($12.9M), Germany ($6.59M), and France ($6.31M).

The fastest growing export markets for Nucleic Acids of Hungary between 2021 and 2022 were India ($18.1M), Brazil ($8.48M), and Japan ($6.37M).

Imports In 2022, Hungary imported $150M in Nucleic Acids, becoming the 25th largest importer of Nucleic Acids in the world. At the same year, Nucleic Acids was the 179th most imported product in Hungary. Hungary imports Nucleic Acids primarily from: United Kingdom ($62.7M), India ($18.8M), Belgium ($13.5M), Czechia ($11.2M), and China ($9.42M).

The fastest growing import markets in Nucleic Acids for Hungary between 2021 and 2022 were United Kingdom ($17.4M), India ($12.1M), and Belize ($3.35M).

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 Nucleic Acids. 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)$94M
IMPORTS (2022)$150M
NET TRADE (2022)-$55.8M

In 2022, Hungary exported $94M in Nucleic Acids. The main destinations of Hungary exports on Nucleic Acids were India ($18.8M), Brazil ($17M), Japan ($12.9M), Germany ($6.59M), and France ($6.31M).

In 2022, Hungary imported $150M in Nucleic Acids, mainly from United Kingdom ($62.7M), India ($18.8M), Belgium ($13.5M), Czechia ($11.2M), and China ($9.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nucleic Acids EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
India$18.1M (2.52k%)
Brazil$8.48M (99.6%)
Japan$6.37M (97.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nucleic Acids BY Hungary WERE (2021 - 2022):
Germany-$6.27M (-48.8%)
Ireland-$3.29M (-56.3%)
Canada-$2.76M (-70.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Nucleic Acids were:
In 2022, Hungary's main importing competitors in Nucleic Acids were:

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Trade Value of Nucleic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.92M
TOP IMPORT POTENTIALChina+ $7.37M

Nucleic Acids’s highest export potential is United States. With an export gap of $4.92M.   Nucleic Acids’s highest import potential is China with an import gap of $7.37M.

See methodology.

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