2022
Exports
$9.8MWorld Rnk 36 / 170
Flag Rnk 549 / 1206
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$22.6MWorld Rnk 31 / 220
Flag Rnk 534 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

The fastest growing export markets for Organic Composite Solvents of Hungary between 2021 and 2022 were Romania ($518k), Slovakia ($501k), and Czechia ($203k).

Imports In 2022, Hungary imported $22.6M in Organic Composite Solvents, becoming the 31st largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 534th most imported product in Hungary. Hungary imports Organic Composite Solvents primarily from: Germany ($8.28M), Poland ($2.46M), Netherlands ($1.82M), Italy ($1.63M), and France ($1.59M).

The fastest growing import markets in Organic Composite Solvents for Hungary between 2021 and 2022 were France ($304k), Netherlands ($286k), and United States ($123k).

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 Organic Composite Solvents. 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)$9.8M
IMPORTS (2022)$22.6M
NET TRADE (2022)-$12.8M

In 2022, Hungary imported $22.6M in Organic Composite Solvents, mainly from Germany ($8.28M), Poland ($2.46M), Netherlands ($1.82M), Italy ($1.63M), and France ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$518k (10.8%)
Slovakia$501k (33.7%)
Czechia$203k (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Hungary WERE (2021 - 2022):
Italy-$10.9M (-99.9%)
Bulgaria-$197k (-55.8%)
Ukraine-$132k (-50.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Organic Composite Solvents were:
In 2022, Hungary's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $251k
TOP IMPORT POTENTIALItaly+ $518k

Organic Composite Solvents’s highest export potential is Austria. With an export gap of $251k.   Organic Composite Solvents’s highest import potential is Italy with an import gap of $518k.

See methodology.

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