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Hungary Trade Summary

2018

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 2018

Overall Exports and Imports for Hungary 2018

Exports and imports of Hungary in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 123,958 million.
  • The total value of imports (CIF) was 117,382 million.
  • At the HS6 digit level, 4,006 products were exported to 204 countries and 4,360 products were imported from 178 countries.

Hungary top 5 Export and Import partners 2018

Top five countries to which Hungary exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Hungary exports to Germany worth US$ 33,803 million, with a partner share of 27.27 percent.
  2. Hungary exports to Slovak Republic worth US$ 6,423 million, with a partner share of 5.18 percent.
  3. Hungary exports to Italy worth US$ 6,413 million, with a partner share of 5.17 percent.
  4. Hungary exports to Romania worth US$ 6,361 million, with a partner share of 5.13 percent.
  5. Hungary exports to Austria worth US$ 5,860 million, with a partner share of 4.73 percent.

Top five countries from which Hungary imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Hungary imports from Germany worth US$ 30,458 million, with a partner share of 25.95 percent.
  2. Hungary imports from Austria worth US$ 7,166 million, with a partner share of 6.10 percent.
  3. Hungary imports from Poland worth US$ 6,772 million, with a partner share of 5.77 percent.
  4. Hungary imports from China worth US$ 6,377 million, with a partner share of 5.43 percent.
  5. Hungary imports from Netherlands worth US$ 6,005 million, with a partner share of 5.12 percent.

Hungary Top 5 Productsexports imports at HS 6 digit level 2018

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$ 5,564,932.24 million.
  2. Hungary exported Engines, spark-ignition reciprocating displacin , worth US$ 3,881,758.78 million.
  3. Hungary exported Other medicaments of mixed or unmixed products, , worth US$ 2,869,651.02 million.
  4. Hungary exported Television receivers including video monitors a , worth US$ 2,628,709.70 million.
  5. Hungary exported Transmission apparatus, for radioteleph incorpo , worth US$ 2,459,029.46 million.

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 US$ 3,207,589.33 million.
  2. Hungary imported Monolithic integrated circuits, digital , worth US$ 2,929,563.51 million.
  3. Hungary imported Other medicaments of mixed or unmixed products, , worth US$ 2,261,573.68 million.
  4. Hungary imported Transmission apparatus, for radioteleph incorpo , worth US$ 2,152,948.48 million.
  5. Hungary imported Motor vehicle parts nes , worth US$ 2,126,577.51 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Hungary in 2018 are below

  • The maximum rate of tariff in percentage on any product was 247.47 percent.
  • The simple average tariff across all products was 2.54 percent.
  • The trade weighted average tariff was 1.24 .
  • The total duty free imports in thousands of US dollars were 18,442,438.46 and duty free tariff line items share was 52.68 percent.

Development Indicators 2018

Key Development Indicators of Hungary in 2018 are below

  • Hungary GDP in current US dollar was 160,431 million.
  • GNI per capita, Atlas method (current US$) was 15,010.00 .
  • Hungary Trade balance: as % of GDP was 4.40.
  • Trade balance in current US$ was 7,063.00 million.
  • Trade as percentage of GDP was 163.37 .
  • Trade in services as percentage of GDP was 31.64 .

Trade Indicators 2018

Trade Indicators for Hungary in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 13.13.
  • World Growth in percentage was 3.50 and Hungary Country Growth was 3.98 .