2022
Exports
$1.45MWorld Rnk 65 / 136
Flag Rnk 856 / 1206
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$36.9MWorld Rnk 12 / 193
Flag Rnk 433 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.45M in Molasses, making it the 65th largest exporter of Molasses in the world. At the same year, Molasses was the 856th most exported product in Hungary. The main destination of Molasses exports from Hungary are: Croatia ($808k), Slovenia ($510k), Czechia ($63k), Slovakia ($41.1k), and Netherlands ($19.2k).

The fastest growing export markets for Molasses of Hungary between 2021 and 2022 were Croatia ($183k), Slovenia ($39.4k), and South Korea ($3.49k).

Imports In 2022, Hungary imported $36.9M in Molasses, becoming the 12th largest importer of Molasses in the world. At the same year, Molasses was the 433rd most imported product in Hungary. Hungary imports Molasses primarily from: Ukraine ($8.28M), Slovakia ($5.96M), Austria ($5.14M), Serbia ($5M), and Poland ($3.76M).

The fastest growing import markets in Molasses for Hungary between 2021 and 2022 were Ukraine ($7.59M), Austria ($4.18M), and Lithuania ($2.88M).

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 Molasses. 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)$1.45M
IMPORTS (2022)$36.9M
NET TRADE (2022)-$35.4M

In 2022, Hungary exported $1.45M in Molasses. The main destinations of Hungary exports on Molasses were Croatia ($808k), Slovenia ($510k), Czechia ($63k), Slovakia ($41.1k), and Netherlands ($19.2k).

In 2022, Hungary imported $36.9M in Molasses, mainly from Ukraine ($8.28M), Slovakia ($5.96M), Austria ($5.14M), Serbia ($5M), and Poland ($3.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Croatia$183k (29.4%)
Slovenia$39.4k (8.38%)
South Korea$3.49k (261%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Hungary WERE (2021 - 2022):
Slovakia-$59.8k (-59.3%)
Romania-$14.6k (-71.5%)
Czechia-$11.2k (-15.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $33.3k
TOP IMPORT POTENTIALGermany+ $253k

Molasses’s highest export potential is Netherlands. With an export gap of $33.3k.   Molasses’s highest import potential is Germany with an import gap of $253k.

See methodology.

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