2022
Exports
$834kWorld Rnk 45 / 116
Flag Rnk 918 / 1206
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$5.5MWorld Rnk 49 / 172
Flag Rnk 806 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $834k in Magnesium Carbonate, making it the 45th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 918th most exported product in Hungary. The main destination of Magnesium Carbonate exports from Hungary are: Poland ($696k), Romania ($40.6k), Slovenia ($31.2k), Slovakia ($22.9k), and Norway ($16.6k).

The fastest growing export markets for Magnesium Carbonate of Hungary between 2021 and 2022 were Poland ($439k), Romania ($20.9k), and Norway ($16.6k).

Imports In 2022, Hungary imported $5.5M in Magnesium Carbonate, becoming the 49th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 806th most imported product in Hungary. Hungary imports Magnesium Carbonate primarily from: Slovakia ($1.65M), Germany ($1.11M), Russia ($848k), Austria ($632k), and Saudi Arabia ($415k).

The fastest growing import markets in Magnesium Carbonate for Hungary between 2021 and 2022 were Austria ($188k), Spain ($143k), and Slovakia ($63.1k).

Latest Trends

Mar 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 Magnesium Carbonate. 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)$834k
IMPORTS (2022)$5.5M
NET TRADE (2022)-$4.67M

In 2022, Hungary exported $834k in Magnesium Carbonate. The main destinations of Hungary exports on Magnesium Carbonate were Poland ($696k), Romania ($40.6k), Slovenia ($31.2k), Slovakia ($22.9k), and Norway ($16.6k).

In 2022, Hungary imported $5.5M in Magnesium Carbonate, mainly from Slovakia ($1.65M), Germany ($1.11M), Russia ($848k), Austria ($632k), and Saudi Arabia ($415k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Poland$439k (171%)
Romania$20.9k (106%)
Norway$16.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Hungary WERE (2021 - 2022):
Slovenia-$12.7k (-28.9%)
Italy-$6.77k (-100%)
Slovakia-$4.73k (-17.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Magnesium Carbonate were:
In 2022, Hungary's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

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