2018
Exports
$20.7MWorld Rnk 46 / 161
Flag Rnk 412 / 1206
2022
PRODUCT COMPLEXITY IN Aluminium Foil
0.68Rnk 283 / 1025
2018
Imports
$199MWorld Rnk 26 / 218
Flag Rnk 150 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2018, Hungary exported $20.7M in Aluminium Foil, making it the 46th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 412th most exported product in Hungary. The main destination of Aluminium Foil exports from Hungary are: Germany ($3.17M), Chile ($2.82M), Italy ($2.45M), Slovakia ($1.35M), and Belgium ($983k).

The fastest growing export markets for Aluminium Foil of Hungary between 2021 and 2022 were Germany ($1.44M), Italy ($968k), and Chile ($965k).

Imports In 2022, Hungary imported $199M in Aluminium Foil, becoming the 26th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 150th most imported product in Hungary. Hungary imports Aluminium Foil primarily from: Iceland ($43.2M), South Korea ($25.2M), Germany ($21M), Japan ($17.6M), and Italy ($16.7M).

The fastest growing import markets in Aluminium Foil for Hungary between 2021 and 2022 were Italy ($4.08M), South Korea ($3.11M), and Poland ($3.01M).

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 Aluminium Foil. 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)$20.7M
IMPORTS (2022)$199M
NET TRADE (2022)-$178M

In 2022, Hungary exported $20.7M in Aluminium Foil. The main destinations of Hungary exports on Aluminium Foil were Germany ($3.17M), Chile ($2.82M), Italy ($2.45M), Slovakia ($1.35M), and Belgium ($983k).

In 2022, Hungary imported $199M in Aluminium Foil, mainly from Iceland ($43.2M), South Korea ($25.2M), Germany ($21M), Japan ($17.6M), and Italy ($16.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$1.44M (83.2%)
Italy$968k (65.2%)
Chile$965k (52.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Hungary WERE (2021 - 2022):
China-$2.35M (-97.1%)
United Kingdom-$301k (-33.6%)
North Macedonia-$253k (-24.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Aluminium Foil were:
China $6.56B
Italy $958M
In 2022, Hungary's main importing competitors in Aluminium Foil were:

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.38M
TOP IMPORT POTENTIALChina+ $8.09M

Aluminium Foil’s highest export potential is Germany. With an export gap of $2.38M.   Aluminium Foil’s highest import potential is China with an import gap of $8.09M.

See methodology.

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