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Hungary: Trade Statistics

Exporter Rank

29 / 119

Importer Rank

28 / 119

Trade Balance Rank

22 / 119

Total Trade [1]

Total Exports (2018) $123,346,166,995
Total Imports (2018) $116,057,167,255
Trade Balance (2018) $7,288,999,740
Exports of goods and services (% of GDP) (2018) [2] 84.94%
Imports of goods and services (% of GDP) (2018) [2] 80.57%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $33,728,715,535
Slovakia $6,417,433,844
Italy $6,410,898,032
Romania $6,350,671,175
Austria $5,851,316,280
Czechia $5,520,490,932
France $5,362,518,279
Poland $5,224,728,203
Netherlands $4,274,753,774
United Kingdom $4,123,640,265

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $29,391,652,815
Austria $7,147,923,889
Poland $6,768,245,353
China $6,345,640,799
Netherlands $6,000,651,039
Czechia $5,934,236,082
Slovakia $5,829,620,569
Italy $5,495,676,548
Russia $4,598,797,063
France $4,337,207,653

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $26,082,706,310
(84) Industrial Machinery $21,943,248,640
(87) Motor Vehicles & Parts $20,491,375,921
(30) Pharmaceuticals $6,072,817,136
(39) Plastics $4,787,678,062
(90) Precision Instruments $3,989,344,949
(27) Oil & Mineral Fuels $3,478,853,709
(40) Rubber $2,829,048,172
(29) Organic Chemicals $2,056,257,754
(94) Furniture $1,946,316,475

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $24,004,368,023
(84) Industrial Machinery $18,535,231,958
(87) Motor Vehicles & Parts $12,372,226,211
(27) Oil & Mineral Fuels $9,577,180,494
(39) Plastics $5,584,804,847
(30) Pharmaceuticals $5,165,503,978
(72) Iron & Steel $2,903,246,190
(73) Iron & Steel Articles $2,874,283,459
(90) Precision Instruments $2,429,395,799
(76) Aluminum $2,399,528,767

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 6/3/2020
Hungary