2022
Exports
$1.02BWorld Rnk 13 / 189
Flag Rnk 25 / 1206
2022
PRODUCT COMPLEXITY IN Animal Food
-0.27Rnk 637 / 1025
2022
Imports
$469MWorld Rnk 28 / 223
Flag Rnk 62 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.02B in Animal Food, making it the 13th largest exporter of Animal Food in the world. At the same year, Animal Food was the 25th most exported product in Hungary. The main destination of Animal Food exports from Hungary are: Romania ($205M), Germany ($96.1M), Poland ($89.7M), Austria ($74.7M), and France ($49.9M).

The fastest growing export markets for Animal Food of Hungary between 2021 and 2022 were Austria ($30.8M), Romania ($21M), and Germany ($20.5M).

Imports In 2022, Hungary imported $469M in Animal Food, becoming the 28th largest importer of Animal Food in the world. At the same year, Animal Food was the 62nd most imported product in Hungary. Hungary imports Animal Food primarily from: Germany ($105M), Austria ($79.8M), Poland ($52.4M), Czechia ($42.5M), and France ($40.5M).

The fastest growing import markets in Animal Food for Hungary between 2021 and 2022 were Austria ($24.5M), Germany ($23.8M), and Netherlands ($12.5M).

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 Animal Food. 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)$1.02B
IMPORTS (2022)$469M
NET TRADE (2022)$556M

In 2022, Hungary exported $1.02B in Animal Food. The main destinations of Hungary exports on Animal Food were Romania ($205M), Germany ($96.1M), Poland ($89.7M), Austria ($74.7M), and France ($49.9M).

In 2022, Hungary imported $469M in Animal Food, mainly from Germany ($105M), Austria ($79.8M), Poland ($52.4M), Czechia ($42.5M), and France ($40.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$30.8M (70.3%)
Romania$21M (11.4%)
Germany$20.5M (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Hungary WERE (2021 - 2022):
Latvia-$9.05M (-70.6%)
Russia-$6.56M (-34%)
Lithuania-$4.49M (-75.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Animal Food were:
In 2022, Hungary's main importing competitors in Animal Food were:

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $26.6M
TOP IMPORT POTENTIALFrance+ $9.56M

Animal Food’s highest export potential is Germany. With an export gap of $26.6M.   Animal Food’s highest import potential is France with an import gap of $9.56M.

See methodology.

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