Hungary Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Hungary monthly trade data
Hungary quarterly trade data

Country / Region
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.



Overall Exports and Imports

Exports (in US$ Mil) 119,971
No. Of products 4,015
No. Of partners 206
Imports (in US$ Mil) 113,423
No. Of products 4,374
No. Of partners 189

Trade Indicator

HH Market concentration index0.09
Index of export market penetration13.03
World Growth-3.91
Country Growth-1.32

Service Indicators 2020

Service imports (BoP, current US$)17,855,444,878.38
Service exports (BoP, current US$)22,363,860,665.04
Imports of goods and services (% of GDP)77.51
Exports of goods and services (% of GDP)79.66

Hungary top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany33,478 27.91
Slovak Republic6,442 5.37
Italy6,300 5.25
Romania6,242 5.20
Austria5,209 4.34
Exporter Trade (US$ Mil) Partner share(%)
Germany27,893 24.59
China9,017 7.95
Poland6,596 5.82
Austria6,588 5.81
Czech Republic5,735 5.06

Hungary Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,631 4.69 4,816 4.25 0.12
Intermediate goods16,671 13.90 21,495 18.95 1.85
Consumer goods44,323 36.94 32,771 28.89 2.07
Capital goods49,604 41.35 47,488 41.87 0.47

Top 5 Products exports imports at HS 6 digit level

Automobiles with rec ...3,915,768.86
Television receivers ...3,389,331.16
Automobiles with rec ...3,174,733.89
Transmission apparat ...2,891,142.97
Engines, spark-ignit ...2,848,276.57
Monolithic integrate ...3,053,391.67
Transmission apparat ...2,669,645.22
Human and animal blo ...2,631,203.25
Parts and accessorie ...2,318,196.61
Other medicaments of ...2,130,635.21

Tariff and Trade Barriers for Hungary

Tariffs 2020

No. Of Tariff Agreement ...
Simple Average (%) 2.08
Duty Free Imports (US$ Thousand) 20,733,350.80
Maximum Rate (%) 74.90
Weighted Average (%) 1.02
Duty Free Tariff Lines Share (%) 57.72

Overall Trade Restrictiveness Index (OTRI)

Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All17.50

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2020 WDI »
GDP (current US$ Mil)155,013
GNI per capita, Atlas method (current US$)...
Trade Balance (current US$ Mil)3,342.00
Trade Balance (% of GDP)2.16

Doing Business

2019 Doing Business »
Ease of Doing Business Rank52
Trading Across Borders Rank1

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score3.43
LPI Rank31