2022
Exports
$15.9MWorld Rnk 79 / 171
Flag Rnk 459 / 1206
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$154MWorld Rnk 58 / 224
Flag Rnk 177 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $15.9M in Raw Sugar, making it the 79th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 459th most exported product in Hungary. The main destination of Raw Sugar exports from Hungary are: Austria ($3.89M), Romania ($2.11M), Greece ($2M), Slovenia ($1.95M), and Germany ($1.57M).

The fastest growing export markets for Raw Sugar of Hungary between 2021 and 2022 were Greece ($2M), Austria ($1.08M), and Germany ($896k).

Imports In 2022, Hungary imported $154M in Raw Sugar, becoming the 58th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 177th most imported product in Hungary. Hungary imports Raw Sugar primarily from: Slovakia ($35.4M), Czechia ($30.6M), Poland ($18.7M), Austria ($16.7M), and Germany ($15.3M).

The fastest growing import markets in Raw Sugar for Hungary between 2021 and 2022 were South Africa ($14.3M), Ukraine ($9.28M), and Slovakia ($6.68M).

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 Raw Sugar. 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)$15.9M
IMPORTS (2022)$154M
NET TRADE (2022)-$138M

In 2022, Hungary exported $15.9M in Raw Sugar. The main destinations of Hungary exports on Raw Sugar were Austria ($3.89M), Romania ($2.11M), Greece ($2M), Slovenia ($1.95M), and Germany ($1.57M).

In 2022, Hungary imported $154M in Raw Sugar, mainly from Slovakia ($35.4M), Czechia ($30.6M), Poland ($18.7M), Austria ($16.7M), and Germany ($15.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Greece$2M (893k%)
Austria$1.08M (38.6%)
Germany$896k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Hungary WERE (2021 - 2022):
Bulgaria-$1.77M (-87.5%)
Romania-$1.34M (-38.8%)
Slovakia-$1.19M (-84.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Hungary's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $755k
TOP IMPORT POTENTIALUkraine+ $3.26M

Raw Sugar’s highest export potential is Romania. With an export gap of $755k.   Raw Sugar’s highest import potential is Ukraine with an import gap of $3.26M.

See methodology.

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