2022
Exports
$2.61MWorld Rnk 49 / 130
Flag Rnk 772 / 1206
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$13.2MWorld Rnk 52 / 214
Flag Rnk 638 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $2.61M in Refractory Cements, making it the 49th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 772nd most exported product in Hungary. The main destination of Refractory Cements exports from Hungary are: Romania ($484k), Germany ($439k), United Kingdom ($365k), France ($191k), and Russia ($147k).

The fastest growing export markets for Refractory Cements of Hungary between 2021 and 2022 were Japan ($110k), Brazil ($62.9k), and Azerbaijan ($58k).

Imports In 2022, Hungary imported $13.2M in Refractory Cements, becoming the 52nd largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 638th most imported product in Hungary. Hungary imports Refractory Cements primarily from: Germany ($6.47M), Austria ($1.39M), Romania ($957k), Croatia ($787k), and Netherlands ($624k).

The fastest growing import markets in Refractory Cements for Hungary between 2021 and 2022 were Germany ($1.04M), Netherlands ($480k), and Switzerland ($438k).

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 Refractory Cements. 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)$2.61M
IMPORTS (2022)$13.2M
NET TRADE (2022)-$10.6M

In 2022, Hungary exported $2.61M in Refractory Cements. The main destinations of Hungary exports on Refractory Cements were Romania ($484k), Germany ($439k), United Kingdom ($365k), France ($191k), and Russia ($147k).

In 2022, Hungary imported $13.2M in Refractory Cements, mainly from Germany ($6.47M), Austria ($1.39M), Romania ($957k), Croatia ($787k), and Netherlands ($624k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Japan$110k (1%)
Brazil$62.9k (1%)
Azerbaijan$58k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Hungary WERE (2021 - 2022):
Romania-$2.02M (-80.7%)
Slovakia-$658k (-99.8%)
Austria-$266k (-65.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Refractory Cements were:
In 2022, Hungary's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $216k
TOP IMPORT POTENTIALAustria+ $845k

Refractory Cements’s highest export potential is Germany. With an export gap of $216k.   Refractory Cements’s highest import potential is Austria with an import gap of $845k.

See methodology.

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