2022
Exports
$23.3MWorld Rnk 37 / 197
Flag Rnk 396 / 1206
2022
PRODUCT COMPLEXITY IN Pulley Systems
0.82Rnk 238 / 1025
2022
Imports
$31.1MWorld Rnk 42 / 218
Flag Rnk 467 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $23.3M in Pulley Systems, making it the 37th largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 396th most exported product in Hungary. The main destination of Pulley Systems exports from Hungary are: Austria ($8.98M), Italy ($1.93M), United States ($1.7M), Germany ($1.1M), and Romania ($938k).

The fastest growing export markets for Pulley Systems of Hungary between 2021 and 2022 were Australia ($598k), Indonesia ($464k), and United States ($262k).

Imports In 2022, Hungary imported $31.1M in Pulley Systems, becoming the 42nd largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 467th most imported product in Hungary. Hungary imports Pulley Systems primarily from: Germany ($8.26M), China ($6.01M), Italy ($3.13M), Finland ($3.12M), and Netherlands ($1.74M).

The fastest growing import markets in Pulley Systems for Hungary between 2021 and 2022 were Netherlands ($810k), Germany ($577k), and United States ($549k).

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 Pulley Systems. 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)$23.3M
IMPORTS (2022)$31.1M
NET TRADE (2022)-$7.74M

In 2022, Hungary exported $23.3M in Pulley Systems. The main destinations of Hungary exports on Pulley Systems were Austria ($8.98M), Italy ($1.93M), United States ($1.7M), Germany ($1.1M), and Romania ($938k).

In 2022, Hungary imported $31.1M in Pulley Systems, mainly from Germany ($8.26M), China ($6.01M), Italy ($3.13M), Finland ($3.12M), and Netherlands ($1.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Australia$598k (201%)
Indonesia$464k (182k%)
United States$262k (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY Hungary WERE (2021 - 2022):
Austria-$1.25M (-12.2%)
Germany-$787k (-41.7%)
Japan-$779k (-84.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Pulley Systems were:
China $2.92B
Italy $566M
In 2022, Hungary's main importing competitors in Pulley Systems were:

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Trade Value of Pulley Systems by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.76M
TOP IMPORT POTENTIALChina+ $2.7M

Pulley Systems’s highest export potential is United States. With an export gap of $1.76M.   Pulley Systems’s highest import potential is China with an import gap of $2.7M.

See methodology.

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