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Hungary Trade Summary

2008

Hungary exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR HUNGARY 2008

Overall Exports and Imports for Hungary 2008

Exports and imports of Hungary in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 108,211 million.
  • The total value of imports (CIF) was 108,785 million.
  • At the HS6 digit level, 3,057 products were exported to 193 countries and 3,977 products were imported from 156 countries.

Hungary top 5 Export and Import partners 2008

Top five countries to which Hungary exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Hungary exports to Germany worth US$ 28,909 million, with a partner share of 26.72 percent.
  2. Hungary exports to Italy worth US$ 5,759 million, with a partner share of 5.32 percent.
  3. Hungary exports to Romania worth US$ 5,740 million, with a partner share of 5.30 percent.
  4. Hungary exports to Austria worth US$ 5,304 million, with a partner share of 4.90 percent.
  5. Hungary exports to Slovak Republic worth US$ 5,105 million, with a partner share of 4.72 percent.

Top five countries from which Hungary imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Hungary imports from Germany worth US$ 27,777 million, with a partner share of 25.53 percent.
  2. Hungary imports from Russian Federation worth US$ 10,157 million, with a partner share of 9.34 percent.
  3. Hungary imports from Austria worth US$ 6,716 million, with a partner share of 6.17 percent.
  4. Hungary imports from China worth US$ 6,130 million, with a partner share of 5.63 percent.
  5. Hungary imports from Netherlands worth US$ 4,921 million, with a partner share of 4.52 percent.

Hungary Top 5 Productsexports imports at HS 6 digit level 2008

The top five exported HS 6 digit level products to world by Hungary along with trade value are:

  1. Hungary exported Transmission apparatus, for radioteleph incorpo , worth 10,135,378.00 (US$ Thousands).
  2. Hungary exported Television receivers including video monitors a , worth 4,261,239.00 (US$ Thousands).
  3. Hungary exported Engines, spark-ignition reciprocating displacin , worth 3,623,065.00 (US$ Thousands).
  4. Hungary exported Engines, diesel, for the vehicles of Chapter 87 , worth 3,135,527.00 (US$ Thousands).
  5. Hungary exported Automobiles with reciprocating piston engine di , worth 2,443,922.00 (US$ Thousands).

The top five imported HS 6 digit level products from world by Hungary along with trade value are

  1. Hungary imported Natural gas in gaseous state , worth 5,161,971.00 (US$ Thousands).
  2. Hungary imported Parts suitable for use solely or princ with the , worth 3,260,089.00 (US$ Thousands).
  3. Hungary imported Parts for spark-ignition type engines nes , worth 2,726,811.00 (US$ Thousands).
  4. Hungary imported Transmission apparatus, for radioteleph incorpo , worth 2,674,718.00 (US$ Thousands).
  5. Hungary imported Monolithic integrated circuits, digital , worth 2,412,842.00 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Hungary in 2008 are below

  • The maximum rate of tariff in percentage on any product was 174.79 percent.
  • The simple average tariff across all products was 2.27 percent.
  • The trade weighted average tariff was 1.11 .
  • The total duty free imports in thousands of US dollars were 19,567,735 and duty free tariff line items share was 58.42 percent.

Development Indicators 2008

Key Development Indicators of Hungary in 2008 are below

  • Hungary GDP in current US dollar was 158,326 million.
  • GNI per capita, Atlas method (current US$) was 13,250.00 .
  • Hungary Trade balance: as % of GDP was 0.04.
  • Trade balance in current US$ was 58.00 million.
  • Trade as percentage of GDP was 158.33 .
  • Trade in services as percentage of GDP was 24.93 .

Trade Indicators 2008

Trade Indicators for Hungary in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 10.68.
  • World Growth in percentage was -59.29 and Hungary Country Growth was 4.32 .