The value of exports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" from Hungary totalled $ 56 million in 2023. Sales of commodity group 7307 from Hungary went up by 25% compared to 2022: exports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" went up by $ 11.5 million (cumulative exports of commodity group 7307 from Hungary amounted $44 million in 2022)
Exports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" amounted to 0.035% of total exports from Hungary (cumulative merchandise exports from Hungary totalled $ 158 billion in 2023). The share of commodity group 7307 in total exports from Hungary increased by 0.005 p.p. compared to 2022 (it was 0.029% in 2022 and cumulative exports from Hungary were equal to $ 149 billion).
Exports of commodity group 7307 amounted to 2.75% of total sales of group "" from Hungary in 2023 (the value of exports of commodity group from Hungary amounted to $2.03 billion in 2023). The share of exports of commodity group 7307 in sales of commodity group from Hungary increased by 0.751 p.p. compared to 2022 (it was 2% in 2022, and exports of commodity group from Hungary were $2.22 billion).
Where does Hungary export Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel?
Top export destinations of "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" from Hungary in 2023:
- Germany with a share of 25% (14.4 million US$)
- Romania with a share of 12.6% (7.07 million US$)
- Slovak Republic with a share of 11.1% (6.24 million US$)
- Sweden with a share of 7.92% (4.44 million US$)
- Poland with a share of 5.66% (3.17 million US$)
- Austria with a share of 3.86% (2.16 million US$)
- Croatia with a share of 3.49% (1.96 million US$)
- Serbia with a share of 3.24% (1.81 million US$)
- Netherlands with a share of 3.07% (1.72 million US$)
- Czech Republic with a share of 3.05% (1.71 million US$)
Exports structure of 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel - from Hungary in 2023 represented by the following main commodity groups:
- 26% (14.8 million US$): 730729 - Tube/pipe fittings of stainless steel (excl. of 7307.2)
- 18.4% (10.3 million US$): 730799 - Tube/pipe fittings of iron/steel (excl. cast iron/stainless steel; excl. of 7307.91-7307.93)
- 8.9% (4.99 million US$): 730791 - Flanges of iron/steel (excl. of cast iron/stainless steel)
- 8.78% (4.92 million US$): 730719 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of iron (excl. non-malleable cast iron)/steel
- 7.29% (4.09 million US$): 730723 - Butt welding fittings of stainless steel
- 4.9% (2.74 million US$): 730793 - Butt welding fittings of iron/steel (excl. of cast iron/stainless steel)
- 3.61% (2.02 million US$): 730711 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of non-malleable cast iron
- 2.44% (1.37 million US$): 730722 - Threaded elbows, bends & sleeves of stainless steel
- 2.18% (1.22 million US$): 730721 - Flanges of stainless steel
- 1.98% (1.11 million US$): 730792 - Threaded elbows, bends & sleeves of iron/steel (excl. of cast iron/stainless steel)
The value of imports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" to Hungary totalled $ 141 million in 2023. Sales of commodity group 7307 to Hungary decreased by 0.79% in value terms compared to 2022. imports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" decreased by $ 1.12 million (the value of imports of commodity group 7307 to Hungary was equal to $142 million in 2022)
Imports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" accounted for 0.094% of total import flow to Hungary (in 2023, total imports to Hungary amounted to $ 148 billion). The share of commodity group 7307 in total imports to Hungary increased by 0.005 p.p. compared to 2022 (it was 0.089% in 2022 and cumulative imports to Hungary were equal to $ 159 billion).
Imports of commodity group 7307 reached 4.02% of total imports of group "" to Hungary in 2023 (imports of commodity group to Hungary totalled $3.5 billion in 2023). The share of purchases of commodity group 7307 in total imports of commodity group to Hungary increased by 0.074 p.p. compared to 2022 (it was 3.95% in 2022, and imports of commodity group to Hungary accounted for $3.59 billion).
Where does Hungary import Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel from?
Top trading partners (import of "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel") of Hungary in 2023:
- Germany with a share of 26% (37 million US$)
- Italy with a share of 11% (15.5 million US$)
- Poland with a share of 10.6% (14.9 million US$)
- China with a share of 10.5% (14.8 million US$)
- Czech Republic with a share of 5.72% (8.08 million US$)
- Netherlands with a share of 5.11% (7.21 million US$)
- France with a share of 4.77% (6.74 million US$)
- Austria with a share of 4.57% (6.44 million US$)
- USA with a share of 2.49% (3.52 million US$)
- Romania with a share of 2.26% (3.19 million US$)
Imports structure of 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel - to Hungary in 2023 represented by the following main commodity groups:
- 28% (39 million US$): 730799 - Tube/pipe fittings of iron/steel (excl. cast iron/stainless steel; excl. of 7307.91-7307.93)
- 11.8% (16.7 million US$): 730719 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of iron (excl. non-malleable cast iron)/steel
- 11.1% (15.6 million US$): 730729 - Tube/pipe fittings of stainless steel (excl. of 7307.2)
- 9.97% (14 million US$): 730791 - Flanges of iron/steel (excl. of cast iron/stainless steel)
- 6.81% (9.61 million US$): 730721 - Flanges of stainless steel
- 5.69% (8.03 million US$): 730711 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of non-malleable cast iron
- 5.13% (7.23 million US$): 730722 - Threaded elbows, bends & sleeves of stainless steel
- 3.28% (4.63 million US$): 730723 - Butt welding fittings of stainless steel
- 2.78% (3.92 million US$): 730792 - Threaded elbows, bends & sleeves of iron/steel (excl. of cast iron/stainless steel)
- 2.33% (3.29 million US$): 730793 - Butt welding fittings of iron/steel (excl. of cast iron/stainless steel)