2022
Exports
$6.28MWorld Rnk 60 / 176
Flag Rnk 630 / 1206
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$44.5MWorld Rnk 102 / 221
Flag Rnk 400 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $6.28M in Rice, making it the 60th largest exporter of Rice in the world. At the same year, Rice was the 630th most exported product in Hungary. The main destination of Rice exports from Hungary are: Slovakia ($1.65M), Romania ($1.51M), Germany ($1.06M), Ukraine ($641k), and Poland ($414k).

The fastest growing export markets for Rice of Hungary between 2021 and 2022 were Ukraine ($641k), Belgium ($344k), and Romania ($319k).

Imports In 2022, Hungary imported $44.5M in Rice, becoming the 102nd largest importer of Rice in the world. At the same year, Rice was the 400th most imported product in Hungary. Hungary imports Rice primarily from: Italy ($14.1M), Poland ($4.99M), Greece ($4.6M), Belgium ($4.15M), and Netherlands ($3.32M).

The fastest growing import markets in Rice for Hungary between 2021 and 2022 were Belgium ($2.61M), Netherlands ($1.8M), and Guyana ($1.73M).

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 Rice. 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)$6.28M
IMPORTS (2022)$44.5M
NET TRADE (2022)-$38.2M

In 2022, Hungary exported $6.28M in Rice. The main destinations of Hungary exports on Rice were Slovakia ($1.65M), Romania ($1.51M), Germany ($1.06M), Ukraine ($641k), and Poland ($414k).

In 2022, Hungary imported $44.5M in Rice, mainly from Italy ($14.1M), Poland ($4.99M), Greece ($4.6M), Belgium ($4.15M), and Netherlands ($3.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Ukraine$641k (1%)
Belgium$344k (1%)
Romania$319k (26.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Hungary WERE (2021 - 2022):
Germany-$915k (-46.4%)
Slovakia-$494k (-23%)
Austria-$335k (-79.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Hungary's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $610k
TOP IMPORT POTENTIALIndia+ $1.56M

Rice’s highest export potential is Germany. With an export gap of $610k.   Rice’s highest import potential is India with an import gap of $1.56M.

See methodology.

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