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Hungary Trade Summary

2016

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 2016

Overall Exports and Imports for Hungary 2016

Exports and imports of Hungary in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 103,010 million.
  • The total value of imports (CIF) was 92,210 million.
  • At the HS6 digit level, 4,011 products were exported to 206 countries and 4,408 products were imported from 176 countries.

Hungary top 5 Export and Import partners 2016

Top five countries to which Hungary exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Hungary exports to Germany worth US$ 28,294 million, with a partner share of 27.47 percent.
  2. Hungary exports to Romania worth US$ 5,155 million, with a partner share of 5.00 percent.
  3. Hungary exports to Slovak Republic worth US$ 5,053 million, with a partner share of 4.91 percent.
  4. Hungary exports to Austria worth US$ 4,930 million, with a partner share of 4.79 percent.
  5. Hungary exports to France worth US$ 4,928 million, with a partner share of 4.78 percent.

Top five countries from which Hungary imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Hungary imports from Germany worth US$ 24,936 million, with a partner share of 27.04 percent.
  2. Hungary imports from Austria worth US$ 5,913 million, with a partner share of 6.41 percent.
  3. Hungary imports from Poland worth US$ 5,108 million, with a partner share of 5.54 percent.
  4. Hungary imports from Slovak Republic worth US$ 4,959 million, with a partner share of 5.38 percent.
  5. Hungary imports from China worth US$ 4,867 million, with a partner share of 5.28 percent.

Hungary Top 5 Productsexports imports at HS 6 digit level 2016

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 5,800,217.89 (US$ Thousands).
  2. Hungary exported Engines, spark-ignition reciprocating displacin , worth 3,428,098.97 (US$ Thousands).
  3. Hungary exported Engines, diesel, for the vehicles of Chapter 87 , worth 2,817,452.81 (US$ Thousands).
  4. Hungary exported Automobiles with diesel engine displacing more , worth 2,720,438.16 (US$ Thousands).
  5. Hungary exported Other medicaments of mixed or unmixed products, , worth 2,604,394.74 (US$ Thousands).

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

  1. Hungary imported Monolithic integrated circuits, nes , worth 2,259,228.83 (US$ Thousands).
  2. Hungary imported Motor vehicle parts nes , worth 2,018,057.10 (US$ Thousands).
  3. Hungary imported Other medicaments of mixed or unmixed products, , worth 1,940,284.73 (US$ Thousands).
  4. Hungary imported Petroleum oils and oils obtained from bituminou , worth 1,842,723.73 (US$ Thousands).
  5. Hungary imported Parts for spark-ignition type engines nes , worth 1,432,107.12 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Hungary in 2016 are below

  • The maximum rate of tariff in percentage on any product was 241.58 percent.
  • The simple average tariff across all products was 2.53 percent.
  • The trade weighted average tariff was 1.21 .
  • The total duty free imports in thousands of US dollars were 13,636,971.84 and duty free tariff line items share was 53.10 percent.

Development Indicators 2016

Key Development Indicators of Hungary in 2016 are below

  • Hungary GDP in current US dollar was 128,610 million.
  • GNI per capita, Atlas method (current US$) was 13,100.00 .
  • Hungary Trade balance: as % of GDP was 8.41.
  • Trade balance in current US$ was 10,810.00 million.
  • Trade as percentage of GDP was 164.40 .
  • Trade in services as percentage of GDP was 32.38 .

Trade Indicators 2016

Trade Indicators for Hungary in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 12.95.
  • World Growth in percentage was -1.35 and Hungary Country Growth was 1.04 .