2022
Exports
$1.37MWorld Rnk 88 / 175
Flag Rnk 867 / 1206
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$7.06MWorld Rnk 70 / 224
Flag Rnk 760 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.37M in Processed Crustaceans, making it the 88th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 867th most exported product in Hungary. The main destination of Processed Crustaceans exports from Hungary are: Spain ($985k), Austria ($130k), France ($56.4k), Netherlands ($46.5k), and Slovakia ($42.5k).

The fastest growing export markets for Processed Crustaceans of Hungary between 2021 and 2022 were Austria ($92.5k), Germany ($27.4k), and Portugal ($27.3k).

Imports In 2022, Hungary imported $7.06M in Processed Crustaceans, becoming the 70th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 760th most imported product in Hungary. Hungary imports Processed Crustaceans primarily from: France ($1.12M), Netherlands ($947k), Slovenia ($868k), Spain ($731k), and Italy ($699k).

The fastest growing import markets in Processed Crustaceans for Hungary between 2021 and 2022 were Italy ($280k), Spain ($159k), and Austria ($101k).

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 Processed Crustaceans. 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)$1.37M
IMPORTS (2022)$7.06M
NET TRADE (2022)-$5.68M

In 2022, Hungary exported $1.37M in Processed Crustaceans. The main destinations of Hungary exports on Processed Crustaceans were Spain ($985k), Austria ($130k), France ($56.4k), Netherlands ($46.5k), and Slovakia ($42.5k).

In 2022, Hungary imported $7.06M in Processed Crustaceans, mainly from France ($1.12M), Netherlands ($947k), Slovenia ($868k), Spain ($731k), and Italy ($699k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$92.5k (247%)
Germany$27.4k (1%)
Portugal$27.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Hungary WERE (2021 - 2022):
France-$236k (-80.7%)
Spain-$95.3k (-8.82%)
Italy-$50.3k (-74.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Hungary's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $83.7k
TOP IMPORT POTENTIALVietnam+ $365k

Processed Crustaceans’s highest export potential is Austria. With an export gap of $83.7k.   Processed Crustaceans’s highest import potential is Vietnam with an import gap of $365k.

See methodology.

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