Navigation Equipment in Hungary | The Observatory of Economic Complexity

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Exports In 2022, Hungary exported $1.44B in Navigation Equipment, making it the 4th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 19th most exported product in Hungary. The main destination of Navigation Equipment exports from Hungary are: China ($535M), Germany ($349M), Slovakia ($157M), Luxembourg ($54.2M), and Italy ($51.6M).

The fastest growing export markets for Navigation Equipment of Hungary between 2021 and 2022 were China ($510M), Slovakia ($119M), and Luxembourg ($54.2M).

Imports In 2022, Hungary imported $236M in Navigation Equipment, becoming the 25th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 124th most imported product in Hungary. Hungary imports Navigation Equipment primarily from: India ($110M), Germany ($35.1M), Czechia ($27.3M), China ($13.4M), and Poland ($10.6M).

The fastest growing import markets in Navigation Equipment for Hungary between 2021 and 2022 were India ($23M), Czechia ($9.84M), and Poland ($8.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Navigation Equipment from Hungary to the United States.

Feb 2024

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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 Navigation Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.44B

IMPORTS (2022)$236M

NET TRADE (2022)$1.21B

In 2022, Hungary exported $1.44B in Navigation Equipment. The main destinations of Hungary exports on Navigation Equipment were China ($535M), Germany ($349M), Slovakia ($157M), Luxembourg ($54.2M), and Italy ($51.6M).

In 2022, Hungary imported $236M in Navigation Equipment, mainly from India ($110M), Germany ($35.1M), Czechia ($27.3M), China ($13.4M), and Poland ($10.6M).