2022
Exports
$26.8MWorld Rnk 26 / 119
Flag Rnk 375 / 1206
2022
PRODUCT COMPLEXITY IN Oxygen Heterocyclic Compounds
1.05Rnk 152 / 1025
2022
Imports
$33.9MWorld Rnk 35 / 196
Flag Rnk 450 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $26.8M in Oxygen Heterocyclic Compounds, making it the 26th largest exporter of Oxygen Heterocyclic Compounds in the world. At the same year, Oxygen Heterocyclic Compounds was the 375th most exported product in Hungary. The main destination of Oxygen Heterocyclic Compounds exports from Hungary are: Russia ($10.7M), India ($3.27M), Japan ($2.25M), Croatia ($2.03M), and Turkey ($1.64M).

The fastest growing export markets for Oxygen Heterocyclic Compounds of Hungary between 2021 and 2022 were Russia ($1.72M), Israel ($862k), and Slovenia ($729k).

Imports In 2022, Hungary imported $33.9M in Oxygen Heterocyclic Compounds, becoming the 35th largest importer of Oxygen Heterocyclic Compounds in the world. At the same year, Oxygen Heterocyclic Compounds was the 450th most imported product in Hungary. Hungary imports Oxygen Heterocyclic Compounds primarily from: China ($10.2M), Germany ($6.17M), Netherlands ($4.37M), Belgium ($3.62M), and India ($1.6M).

The fastest growing import markets in Oxygen Heterocyclic Compounds for Hungary between 2021 and 2022 were Germany ($2.16M), Netherlands ($2.14M), and Austria ($989k).

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 Oxygen Heterocyclic Compounds. 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)$26.8M
IMPORTS (2022)$33.9M
NET TRADE (2022)-$7.17M

In 2022, Hungary exported $26.8M in Oxygen Heterocyclic Compounds. The main destinations of Hungary exports on Oxygen Heterocyclic Compounds were Russia ($10.7M), India ($3.27M), Japan ($2.25M), Croatia ($2.03M), and Turkey ($1.64M).

In 2022, Hungary imported $33.9M in Oxygen Heterocyclic Compounds, mainly from China ($10.2M), Germany ($6.17M), Netherlands ($4.37M), Belgium ($3.62M), and India ($1.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oxygen Heterocyclic Compounds EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Russia$1.72M (19.2%)
Israel$862k (517%)
Slovenia$729k (526%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxygen Heterocyclic Compounds BY Hungary WERE (2021 - 2022):
Brazil-$9.05M (-98.9%)
Turkey-$2.22M (-57.4%)
Poland-$1.74M (-55.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Oxygen Heterocyclic Compounds were:
In 2022, Hungary's main importing competitors in Oxygen Heterocyclic Compounds were:

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Trade Value of Oxygen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.43M
TOP IMPORT POTENTIALChina+ $3.36M

Oxygen Heterocyclic Compounds’s highest export potential is India. With an export gap of $1.43M.   Oxygen Heterocyclic Compounds’s highest import potential is China with an import gap of $3.36M.

See methodology.

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