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Hungary: Trade Statistics

Exporter Rank

34 / 138

Importer Rank

32 / 138

Trade Balance Rank

36 / 138

Total Trade [1]

Total Exports (2021) $141,157,091,681
Total Imports (2021) $139,132,012,128
Trade Balance (2021) $2,025,079,553
Exports of goods and services (% of GDP) (2022) [2] 90.38%
Imports of goods and services (% of GDP) (2022) [2] 94.47%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $37,602,910,253
Italy $8,243,003,172
Romania $7,454,355,584
Slovakia $7,312,637,072
Austria $6,403,971,611
Poland $6,047,032,867
France $5,905,251,018
Czechia $5,852,265,124
Netherlands $4,677,310,046
United Kingdom $4,423,533,372

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $33,018,771,372
China $9,825,403,731
Austria $8,485,755,572
Slovakia $8,156,640,882
Poland $7,942,378,497
Netherlands $6,914,726,938
Czechia $6,722,783,117
Italy $6,171,852,829
France $4,379,904,490
South Korea $4,352,800,178

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $34,846,827,159
(87) Motor Vehicles & Parts $21,856,828,098
(84) Industrial Machinery $20,405,726,627
(30) Pharmaceuticals $7,068,800,091
(39) Plastics $6,423,670,165
(27) Oil & Mineral Fuels $4,513,544,274
(90) Precision Instruments $4,246,798,162
(40) Rubber $2,948,346,021
(94) Furniture $2,129,867,256
(72) Iron & Steel $2,126,566,919

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $30,158,113,749
(84) Industrial Machinery $20,247,490,252
(27) Oil & Mineral Fuels $12,531,276,310
(87) Motor Vehicles & Parts $12,508,467,555
(39) Plastics $6,989,662,801
(30) Pharmaceuticals $5,925,626,881
(72) Iron & Steel $3,723,112,952
(73) Iron & Steel Articles $3,376,336,282
(90) Precision Instruments $3,292,449,440
(76) Aluminum $2,651,370,690

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Hungary