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

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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.

TRADE SUMMARY FOR Hungary

2019

Overall Exports and Imports

Exports
Exports (in US$ Mil) 122,181
No. Of products 4,007
No. Of partners 208
Imports
Imports (in US$ Mil) 117,324
No. Of products 4,380
No. Of partners 186

Trade Indicator

HH Market concentration index0.09
Index of export market penetration12.55
World Growth-1.13
Country Growth-0.87

Service Indicators 2019

Service imports (BoP, current US$)21,664,748,710.00
Service exports (BoP, current US$)30,131,748,890.00
Imports of goods and services (% of GDP)79.07
Exports of goods and services (% of GDP)82.19

Hungary top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany33,828 27.69
Slovak Republic6,406 5.24
Italy6,272 5.13
Romania6,174 5.05
Austria5,643 4.62
Exporter Trade (US$ Mil) Partner share(%)
Germany29,633 25.26
Austria7,209 6.14
China7,158 6.10
Poland6,765 5.77
Netherlands5,965 5.08

Hungary Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,540 4.53 6,207 5.29 0.08
Intermediate goods16,802 13.75 21,300 18.15 1.73
Consumer goods45,303 37.08 34,484 29.39 1.78
Capital goods50,887 41.65 48,156 41.05 0.76

Top 5 Products exports imports at HS 6 digit level

Exports
Automobiles with rec ...4,190,098.26
Automobiles with rec ...4,172,553.12
Engines, spark-ignit ...3,323,222.44
Transmission apparat ...3,049,174.19
Automobiles with die ...2,854,552.30
Imports
Monolithic integrate ...3,429,901.30
Petroleum oils and o ...2,880,184.06
Transmission apparat ...2,495,269.47
Natural gas in gaseo ...2,310,326.07
Parts and accessorie ...2,157,735.43

Tariff and Trade Barriers for Hungary

Tariffs 2019

No. Of Tariff Agreement ...
Simple Average (%) 2.38
Duty Free Imports (US$ Thousand) 20,211,467.16
Maximum Rate (%) 237.64
Weighted Average (%) 1.07
Duty Free Tariff Lines Share (%) 54.23

Overall Trade Restrictiveness Index (OTRI)

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

Services Service Policy Restrictive Database (SPRD)

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)

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

World Development Indicators (WDI)

2019 WDI »
Population9,768,785
GDP (current US$ Mil)163,469
GNI per capita, Atlas method (current US$)16,500.00
Trade Balance (current US$ Mil)5,098.00
Trade Balance (% of GDP)3.12

Doing Business

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

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score3.43
LPI Rank31