2018
Exports
$53.6MWorld Rnk 29 / 152
Flag Rnk 284 / 1206
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2018
Imports
$116MWorld Rnk 36 / 217
Flag Rnk 217 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2018, Hungary exported $53.6M in Buses, making it the 29th largest exporter of Buses in the world. At the same year, Buses was the 284th most exported product in Hungary. The main destination of Buses exports from Hungary are: Netherlands ($25.2M), Romania ($12.2M), Slovakia ($4.61M), Germany ($3.9M), and Czechia ($2.08M).

The fastest growing export markets for Buses of Hungary between 2021 and 2022 were Netherlands ($24.2M), Romania ($9.95M), and Slovakia ($4.54M).

Imports In 2022, Hungary imported $116M in Buses, becoming the 36th largest importer of Buses in the world. At the same year, Buses was the 217th most imported product in Hungary. Hungary imports Buses primarily from: Turkey ($72M), Germany ($18.6M), Poland ($9.55M), Sweden ($7.15M), and Czechia ($3.41M).

The fastest growing import markets in Buses for Hungary between 2021 and 2022 were Czechia ($1.49M), Turkey ($1.04M), and Hong Kong ($593k).

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 Buses. 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)$53.6M
IMPORTS (2022)$116M
NET TRADE (2022)-$62.5M

In 2022, Hungary exported $53.6M in Buses. The main destinations of Hungary exports on Buses were Netherlands ($25.2M), Romania ($12.2M), Slovakia ($4.61M), Germany ($3.9M), and Czechia ($2.08M).

In 2022, Hungary imported $116M in Buses, mainly from Turkey ($72M), Germany ($18.6M), Poland ($9.55M), Sweden ($7.15M), and Czechia ($3.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Netherlands$24.2M (2.54k%)
Romania$9.95M (447%)
Slovakia$4.54M (6.58k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Hungary WERE (2021 - 2022):
Italy-$13.5M (-96.4%)
Finland-$9.02M (-99%)
Sweden-$6.64M (-88.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Hungary's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.73M
TOP IMPORT POTENTIALPoland+ $3.62M

Buses’s highest export potential is Germany. With an export gap of $3.73M.   Buses’s highest import potential is Poland with an import gap of $3.62M.

See methodology.

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