Olive Oil in Hungary | The Observatory of Economic Complexity

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Exports In 2022, Hungary exported $68.3k in Olive Oil, making it the 41st largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1089th most exported product in Hungary. The main destination of Olive Oil exports from Hungary are: Lithuania ($50.5k), Romania ($11.4k), Switzerland ($3.4k), Netherlands ($2.01k), and Slovakia ($566).

The fastest growing export markets for Olive Oil of Hungary between 2021 and 2022 were Lithuania ($50.5k), Romania ($4.47k), and Switzerland ($3.4k).

Imports In 2022, Hungary imported $1.83M in Olive Oil, becoming the 45th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 963rd most imported product in Hungary. Hungary imports Olive Oil primarily from: Italy ($803k), Spain ($789k), Germany ($142k), Greece ($91k), and Slovakia ($6.36k).

The fastest growing import markets in Olive Oil for Hungary between 2021 and 2022 were Italy ($137k), Spain ($76k), and Slovakia ($6.25k).

Mar 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 Olive Oil. 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)$68.3k

IMPORTS (2022)$1.83M

NET TRADE (2022)-$1.77M

In 2022, Hungary exported $68.3k in Olive Oil. The main destinations of Hungary exports on Olive Oil were Lithuania ($50.5k), Romania ($11.4k), Switzerland ($3.4k), Netherlands ($2.01k), and Slovakia ($566).

In 2022, Hungary imported $1.83M in Olive Oil, mainly from Italy ($803k), Spain ($789k), Germany ($142k), Greece ($91k), and Slovakia ($6.36k).