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Hungary Trade Summary

2017

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 2017

Overall Exports and Imports for Hungary 2017

Exports and imports of Hungary in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 113,382 million.
  • The total value of imports (CIF) was 104,284 million.
  • At the HS6 digit level, 3,983 products were exported to 205 countries and 4,370 products were imported from 173 countries.

Hungary top 5 Export and Import partners 2017

Top five countries to which Hungary exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Hungary exports to Germany worth US$ 31,010 million, with a partner share of 27.35 percent.
  2. Hungary exports to Romania worth US$ 5,864 million, with a partner share of 5.17 percent.
  3. Hungary exports to Italy worth US$ 5,790 million, with a partner share of 5.11 percent.
  4. Hungary exports to Austria worth US$ 5,488 million, with a partner share of 4.84 percent.
  5. Hungary exports to Slovak Republic worth US$ 5,374 million, with a partner share of 4.74 percent.

Top five countries from which Hungary imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Hungary imports from Germany worth US$ 27,676 million, with a partner share of 26.54 percent.
  2. Hungary imports from Austria worth US$ 6,438 million, with a partner share of 6.17 percent.
  3. Hungary imports from Poland worth US$ 5,838 million, with a partner share of 5.60 percent.
  4. Hungary imports from Slovak Republic worth US$ 5,672 million, with a partner share of 5.44 percent.
  5. Hungary imports from China worth US$ 5,291 million, with a partner share of 5.07 percent.

Hungary Top 5 Productsexports imports at HS 6 digit level 2017

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 US$ 6,045,516.20 million.
  2. Hungary exported Engines, spark-ignition reciprocating displacin , worth US$ 3,678,397.87 million.
  3. Hungary exported Other medicaments of mixed or unmixed products, , worth US$ 2,790,353.44 million.
  4. Hungary exported Engines, diesel, for the vehicles of Chapter 87 , worth US$ 2,463,108.50 million.
  5. Hungary exported Television receivers including video monitors a , worth US$ 2,403,822.11 million.

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

  1. Hungary imported Monolithic integrated circuits, digital , worth US$ 2,581,092.00 million.
  2. Hungary imported Petroleum oils and oils obtained from bituminou , worth US$ 2,276,632.83 million.
  3. Hungary imported Motor vehicle parts nes , worth US$ 2,104,791.07 million.
  4. Hungary imported Natural gas in gaseous state , worth US$ 1,980,180.73 million.
  5. Hungary imported Other medicaments of mixed or unmixed products, , worth US$ 1,974,251.66 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Hungary in 2017 are below

  • The maximum rate of tariff in percentage on any product was 249.92 percent.
  • The simple average tariff across all products was 2.69 percent.
  • The trade weighted average tariff was 1.35 .
  • The total duty free imports in thousands of US dollars were 15,011,501.40 and duty free tariff line items share was 50.43 percent.

Development Indicators 2017

Key Development Indicators of Hungary in 2017 are below

  • Hungary GDP in current US dollar was 142,962 million.
  • GNI per capita, Atlas method (current US$) was 13,190.00 .
  • Hungary Trade balance: as % of GDP was 6.83.
  • Trade balance in current US$ was 9,757.00 million.
  • Trade as percentage of GDP was 165.20 .
  • Trade in services as percentage of GDP was 32.22 .

Trade Indicators 2017

Trade Indicators for Hungary in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 13.10.
  • World Growth in percentage was 5.68 and Hungary Country Growth was 4.71 .