{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:18.451Z", "seo": { "title": "Iceland exports to Hungary: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland to Hungary, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "ISL", "country_name": "Iceland" }, "importer": { "iso3": "HUN", "country_name": "Hungary" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "HUN", "all_history_lane_count": 29, "current_lane_count": 4, "current_product_count": 4, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 29907445.296176698, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 36507.57667488113, "unrecovered_drawdown_trade_usd": 32207.396091947197, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 29838730.32340987, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 2, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.45327858870547677, "trade_weighted_below_peak_pct": 37.95470808325943, "product_concentration_hhi": 9895.803027878508, "top1_product_share_pct": 99.47708575256873, "top3_product_share_pct": 99.89230977178762, "top_product_hs6": "760719", "top_product_trade_usd": 29751055.003680278, "top_product_description": "Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 3077.932373046875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.20469999313354492, "has_reported_fta": 1, "avg_applied_tariff_pct": 11.41153065838384, "avg_mfn_tariff_pct": 11.41153065838384, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 7, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 182280.517581, "buyer_gdp_pc_latest": 18773, "buyer_population_latest": 9709.886, "buyer_gdp_5y_cagr_pct": 6.19142800064274, "buyer_gdp_pc_5y_cagr_pct": 6.484674704790949, "buyer_population_5y_cagr_pct": -0.2753886462640631, "buyer_investment_5y_avg_pct": 26.228, "buyer_savings_5y_avg_pct": 30.585999999999995, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 182280.517581, "buyer_gdp_pc_2024": 18773, "buyer_population_2024": 9709.886 }, "history": [ { "year": 1995, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 678402.6471597684, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 1569264.3266190973, "yoy_growth_pct": 131.31754175621975, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 742017.3946537261, "yoy_growth_pct": -52.71558895037358, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 1406013.3557045457, "yoy_growth_pct": 89.48522849126516, "cagr_3y_pct": 27.497197114989056 }, { "year": 1999, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 407582.41593957745, "yoy_growth_pct": -71.01148333435708, "cagr_3y_pct": -36.19719401225936 }, { "year": 2000, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 450749.5859544469, "yoy_growth_pct": 10.591028544584912, "cagr_3y_pct": -15.308384583415913 }, { "year": 2001, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 265822.50793324935, "yoy_growth_pct": -41.026566364918736, "cagr_3y_pct": -42.60587556052594 }, { "year": 2002, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 1015581.9789606689, "yoy_growth_pct": 282.0526662157937, "cagr_3y_pct": 35.57091135874211 }, { "year": 2003, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 627053.9910649175, "yoy_growth_pct": -38.256683945235515, "cagr_3y_pct": 11.6322984276364 }, { "year": 2004, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 2864661.5299329152, "yoy_growth_pct": 356.8444776290951, "cagr_3y_pct": 120.88209947256323 }, { "year": 2005, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 2122160.283048619, "yoy_growth_pct": -25.919335988768076, "cagr_3y_pct": 27.846172977629635 }, { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 3874755.5508279963, "yoy_growth_pct": 82.58543342737816, "cagr_3y_pct": 83.50438965042383 }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 3723281.1958875866, "yoy_growth_pct": -3.9092622219236817, "cagr_3y_pct": 9.131679867790087 }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 8454119.641204495, "yoy_growth_pct": 127.06100335752728, "cagr_3y_pct": 58.524625457719814 }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 4299497.891834652, "yoy_growth_pct": -49.143162454439974, "cagr_3y_pct": 3.527996714320647 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 5751280.714483254, "yoy_growth_pct": 33.766334096959106, "cagr_3y_pct": 15.596914707655163 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 5822382.259766335, "yoy_growth_pct": 1.236273254825293, "cagr_3y_pct": -11.689818951600927 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 2034279.5347192101, "yoy_growth_pct": -65.06104470713933, "cagr_3y_pct": -22.07724541083519 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 38962198.52744628, "yoy_growth_pct": 1815.2824310757371, "cagr_3y_pct": 89.21677223278989 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 64597733.70816401, "yoy_growth_pct": 65.79591539902245, "cagr_3y_pct": 123.03457294720097 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 43336783.18868661, "yoy_growth_pct": -32.912842756262805, "cagr_3y_pct": 177.21411976951148 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 41339242.13657055, "yoy_growth_pct": -4.609343161025237, "cagr_3y_pct": 1.9936228938256972 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 44574202.17207646, "yoy_growth_pct": 7.825397535878187, "cagr_3y_pct": -11.633273807606226 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 48410632.31920936, "yoy_growth_pct": 8.606839741791795, "cagr_3y_pct": 3.7595376772022515 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 36694985.443979956, "yoy_growth_pct": -24.200565689741317, "cagr_3y_pct": -3.8945382345086488 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 35217141.04483419, "yoy_growth_pct": -4.02737426180998, "cagr_3y_pct": -7.553564032732718 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 42609973.980040565, "yoy_growth_pct": 20.992143927284502, "cagr_3y_pct": -4.16514180244768 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 44279658.30225404, "yoy_growth_pct": 3.918529316623376, "cagr_3y_pct": 6.463117778873073 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 46242983.871622376, "yoy_growth_pct": 4.433922131843526, "cagr_3y_pct": 9.504151479000122 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "HUN", "export_value_usd": 30367431.105527733, "yoy_growth_pct": -34.33072746812277, "cagr_3y_pct": -10.676528091237113 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "HUN", "hs_code": "760719", "hs_description": "Aluminium: foil, (not backed), of a thickness not exceeding 0.2mm, not rolled", "buyer_imports_latest_usd": 62346115.775042295, "current_below_peak_pct": 38.05624480785351, "lane_volatility_cv": 0.45009918392445736, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "ISL", "importer_iso3": "HUN", "hs_code": "970110", "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906", "buyer_imports_latest_usd": 16816816.42064521, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9998795995116705, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] }, { "exporter_iso3": "ISL", "importer_iso3": "HUN", "hs_code": "851822", "hs_description": "Loudspeakers: multiple, mounted in the same enclosure", "buyer_imports_latest_usd": 17595485.97935948, "current_below_peak_pct": 0, "lane_volatility_cv": 1.4022510877759728, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "limited_history" ] }, { "exporter_iso3": "ISL", "importer_iso3": "HUN", "hs_code": "843880", "hs_description": "Machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438", "buyer_imports_latest_usd": 21328304.177289255, "current_below_peak_pct": 90.5047776027515, "lane_volatility_cv": 0.826563713203854, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "HUN", "distance_km": 3079, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 1, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 182280.517581, "importer_gdp_per_capita_usd": 18772.673292044827, "importer_population": 9709.886, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 4.5, "exporter_gdp_million_usd": 25458.933915999998, "exporter_gdp_per_capita_usd": 68383.7653366282, "avg_applied_tariff_pct": 11.41153065838384, "avg_mfn_tariff_pct": 11.41153065838384, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/ISL-HUN/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-HUN/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-HUN/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-HUN/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-HUN/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }