2022
Exports
$661MWorld Rnk 8 / 207
Flag Rnk 45 / 1206
2022
PRODUCT COMPLEXITY IN Other Domestic Electric Housewares
0.99Rnk 176 / 1025
2022
Imports
$421MWorld Rnk 16 / 222
Flag Rnk 70 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $661M in Other Domestic Electric Housewares, making it the 8th largest exporter of Other Domestic Electric Housewares in the world. At the same year, Other Domestic Electric Housewares was the 45th most exported product in Hungary. The main destination of Other Domestic Electric Housewares exports from Hungary are: Germany ($349M), United Kingdom ($66.3M), Belgium ($26.6M), Italy ($22.6M), and Poland ($19M).

The fastest growing export markets for Other Domestic Electric Housewares of Hungary between 2021 and 2022 were Germany ($15.9M), South Korea ($6.51M), and France ($2.95M).

Imports In 2018, Hungary imported $421M in Other Domestic Electric Housewares, becoming the 16th largest importer of Other Domestic Electric Housewares in the world. At the same year, Other Domestic Electric Housewares was the 70th most imported product in Hungary. Hungary imports Other Domestic Electric Housewares primarily from: Germany ($204M), China ($69.8M), Poland ($33.8M), Hong Kong ($29.8M), and Czechia ($21M).

The fastest growing import markets in Other Domestic Electric Housewares for Hungary between 2021 and 2022 were Hong Kong ($18.6M), Austria ($2.72M), and Indonesia ($1.14M).

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 Other Domestic Electric Housewares. 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)$661M
IMPORTS (2022)$421M
NET TRADE (2022)$240M

In 2022, Hungary exported $661M in Other Domestic Electric Housewares. The main destinations of Hungary exports on Other Domestic Electric Housewares were Germany ($349M), United Kingdom ($66.3M), Belgium ($26.6M), Italy ($22.6M), and Poland ($19M).

In 2022, Hungary imported $421M in Other Domestic Electric Housewares, mainly from Germany ($204M), China ($69.8M), Poland ($33.8M), Hong Kong ($29.8M), and Czechia ($21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Domestic Electric Housewares EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$15.9M (4.76%)
South Korea$6.51M (82.2%)
France$2.95M (49.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Domestic Electric Housewares BY Hungary WERE (2021 - 2022):
Belgium-$11.8M (-30.7%)
Italy-$11.3M (-33.3%)
United Kingdom-$10.2M (-13.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Domestic Electric Housewares were:
China $17.1B
Germany $2.68B
In 2022, Hungary's main importing competitors in Other Domestic Electric Housewares were:

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Trade Value of Other Domestic Electric Housewares by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $6.52M
TOP IMPORT POTENTIALChina+ $18.6M

Other Domestic Electric Housewares’s highest export potential is France. With an export gap of $6.52M.   Other Domestic Electric Housewares’s highest import potential is China with an import gap of $18.6M.

See methodology.

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