2022
Exports
$15.5MWorld Rnk 27 / 197
Flag Rnk 469 / 1206
2022
PRODUCT COMPLEXITY IN Party Decorations
-0.73Rnk 764 / 1025
2022
Imports
$35.5MWorld Rnk 40 / 221
Flag Rnk 440 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $15.5M in Party Decorations, making it the 27th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 469th most exported product in Hungary. The main destination of Party Decorations exports from Hungary are: Romania ($4.48M), Slovakia ($2.93M), United States ($1.97M), Spain ($927k), and Croatia ($923k).

The fastest growing export markets for Party Decorations of Hungary between 2021 and 2022 were Romania ($1.54M), Slovakia ($1.43M), and United States ($956k).

Imports In 2022, Hungary imported $35.5M in Party Decorations, becoming the 40th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 440th most imported product in Hungary. Hungary imports Party Decorations primarily from: China ($20M), Netherlands ($3.5M), Slovakia ($3.33M), Poland ($1.81M), and Germany ($1.8M).

The fastest growing import markets in Party Decorations for Hungary between 2021 and 2022 were China ($2.03M), Slovakia ($665k), and Poland ($479k).

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 Party Decorations. 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)$15.5M
IMPORTS (2022)$35.5M
NET TRADE (2022)-$20.1M

In 2022, Hungary exported $15.5M in Party Decorations. The main destinations of Hungary exports on Party Decorations were Romania ($4.48M), Slovakia ($2.93M), United States ($1.97M), Spain ($927k), and Croatia ($923k).

In 2022, Hungary imported $35.5M in Party Decorations, mainly from China ($20M), Netherlands ($3.5M), Slovakia ($3.33M), Poland ($1.81M), and Germany ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$1.54M (52.6%)
Slovakia$1.43M (95.4%)
United States$956k (93.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Hungary WERE (2021 - 2022):
Belarus-$97.7k (-100%)
Denmark-$56.1k (-89.1%)
Bosnia and Herzegovina-$51.9k (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.6M
TOP IMPORT POTENTIALChina+ $5.14M

Party Decorations’s highest export potential is United States. With an export gap of $2.6M.   Party Decorations’s highest import potential is China with an import gap of $5.14M.

See methodology.

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