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Hungary Trade Summary

2014

Hungary exports, imports, tariff by year.
Hungary monthly trade data
Hungary quarterly trade data

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 2014

Overall Exports and Imports for Hungary 2014

Exports and imports of Hungary in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 112,536 million.
  • The total value of imports (CIF) was 104,178 million.
  • At the HS6 digit level, 4,011 products were exported to 205 countries and 4,397 products were imported from 169 countries.

Hungary top 5 Export and Import partners 2014

Top five countries to which Hungary exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Hungary exports to Germany worth US$ 30,900 million, with a partner share of 27.46 percent.
  2. Hungary exports to Austria worth US$ 6,206 million, with a partner share of 5.51 percent.
  3. Hungary exports to Romania worth US$ 6,121 million, with a partner share of 5.44 percent.
  4. Hungary exports to Slovak Republic worth US$ 5,501 million, with a partner share of 4.89 percent.
  5. Hungary exports to Italy worth US$ 5,171 million, with a partner share of 4.59 percent.

Top five countries from which Hungary imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Hungary imports from Germany worth US$ 26,343 million, with a partner share of 25.29 percent.
  2. Hungary imports from Austria worth US$ 7,578 million, with a partner share of 7.27 percent.
  3. Hungary imports from Russian Federation worth US$ 7,292 million, with a partner share of 7.00 percent.
  4. Hungary imports from Slovak Republic worth US$ 5,620 million, with a partner share of 5.39 percent.
  5. Hungary imports from Poland worth US$ 5,401 million, with a partner share of 5.18 percent.

Hungary Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. Hungary exported Automobiles with reciprocating piston engine di , worth 6,230,636.71 (US$ Thousands).
  2. Hungary exported Engines, spark-ignition reciprocating displacin , worth 4,022,652.89 (US$ Thousands).
  3. Hungary exported Other medicaments of mixed or unmixed products, , worth 2,940,768.88 (US$ Thousands).
  4. Hungary exported Television receivers including video monitors a , worth 2,656,059.15 (US$ Thousands).
  5. Hungary exported Automobiles with diesel engine displacing more , worth 2,620,149.37 (US$ Thousands).

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

  1. Hungary imported Petroleum oils and oils obtained from bituminou , worth 4,309,045.83 (US$ Thousands).
  2. Hungary imported Natural gas in gaseous state , worth 3,829,041.18 (US$ Thousands).
  3. Hungary imported Monolithic integrated circuits, nes , worth 2,217,436.73 (US$ Thousands).
  4. Hungary imported Petroleum oils, etc, (excl. crude); preparation , worth 2,151,723.52 (US$ Thousands).
  5. Hungary imported Other medicaments of mixed or unmixed products, , worth 2,038,744.08 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Hungary in 2014 are below

  • The maximum rate of tariff in percentage on any product was 190.22 percent.
  • The simple average tariff across all products was 2.73 percent.
  • The trade weighted average tariff was 1.16 .
  • The total duty free imports in thousands of US dollars were 16,738,705.53 and duty free tariff line items share was 48.69 percent.

Development Indicators 2014

Key Development Indicators of Hungary in 2014 are below

  • Hungary GDP in current US dollar was 141,034 million.
  • GNI per capita, Atlas method (current US$) was 13,560.00 .
  • Hungary Trade balance: as % of GDP was 5.85.
  • Trade balance in current US$ was 8,254.00 million.
  • Trade as percentage of GDP was 168.39 .
  • Trade in services as percentage of GDP was 31.00 .

Trade Indicators 2014

Trade Indicators for Hungary in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 12.24.
  • World Growth in percentage was 0.08 and Hungary Country Growth was 3.23 .