Overall Exports and Imports for Hungary 2023
- The total value of exports (FOB) is US$ 158,563 million.
- The total value of imports (CIF) is US$ 149,541 million.
- At the HS6 digit level, 3,958 products are exported to 204 countries and 4,345 products are imported from 192 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Hungary along with trade value are:
- Hungary exported Electric accumulators, nes , worth 10,348,840.58 (US$ Thousands).
- Hungary exported Automobiles nes including gas turbine powered , worth 6,038,538.77 (US$ Thousands).
- Hungary exported Engines, spark-ignition reciprocating displacin , worth 3,716,474.97 (US$ Thousands).
- Hungary exported Other medicaments of mixed or unmixed products, , worth 3,694,101.38 (US$ Thousands).
- Hungary exported Transmission apparatus, for radioteleph incorpo , worth 3,676,295.88 (US$ Thousands).
The top five imported HS 6 digit level products from world by Hungary along with trade value are
- Hungary imported Natural gas in gaseous state , worth 4,486,323.22 (US$ Thousands).
- Hungary imported Monolithic integrated circuits, digital , worth 4,370,143.52 (US$ Thousands).
- Hungary imported Electrical energy , worth 4,074,936.30 (US$ Thousands).
- Hungary imported Chemical products and residual products of chem , worth 3,956,177.26 (US$ Thousands).
- Hungary imported Transmission apparatus, for radioteleph incorpo , worth 3,933,316.38 (US$ Thousands).
Hungary top 5 Export and Import partners 2023
The top five countries to which Hungary exported 2023 along with the partner share in percentage are:
- Hungary exports to Germany worth US$ 41,667 million, with a partner share of 26.28 percent.
- Hungary exports to Italy worth US$ 9,151 million, with a partner share of 5.77 percent.
- Hungary exports to Romania worth US$ 8,418 million, with a partner share of 5.31 percent.
- Hungary exports to Slovak Republic worth US$ 7,901 million, with a partner share of 4.98 percent.
- Hungary exports to Poland worth US$ 7,271 million, with a partner share of 4.59 percent.
The top five countries to which Hungary imported goods 2023 along with the share in percentage are
- Hungary imports from Germany worth US$ 33,625 million, with a partner share of 22.49 percent.
- Hungary imports from China worth US$ 9,789 million, with a partner share of 6.55 percent.
- Hungary imports from Austria worth US$ 9,372 million, with a partner share of 6.27 percent.
- Hungary imports from Poland worth US$ 8,652 million, with a partner share of 5.79 percent.
- Hungary imports from Slovak Republic worth US$ 8,210 million, with a partner share of 5.49 percent.
Hungary Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Hungary Raw materials exports are worth US$ 6,797 million, product share of 4.29%.
- Hungary Raw materials imports are worth US$ 7,434 million, product share of 4.97%.
- Hungary Intermediate goods exports are worth US$ 21,171 million, product share of 13.35%.
- Hungary Intermediate goods imports are worth US$ 34,071 million, product share of 22.78%.
- Hungary Consumer goods exports are worth US$ 55,247 million, product share of 34.84%.
- Hungary Consumer goods imports are worth US$ 42,340 million, product share of 28.31%.
- Hungary Capital goods exports are worth US$ 68,885 million, product share of 43.44%.
- Hungary Capital goods imports are worth US$ 58,145 million, product share of 38.88%.
Hungary Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.09.
- Index of export market penetration is 0.09.
- World Growth in percentage is 0.09 and Hungary Country Growth is 4.17.
Hungary Service Trade data from WDI 2023
- Hungary, Service imports (BoP, current US$) is 26,963,355,068.78.
- Hungary, Service exports (BoP, current US$) is 37,174,184,252.07.
- Hungary, Imports of goods and services as percentage of GDP is 76.27 %.
- Hungary, Exports of goods and services as percentage of GDP is 80.84 %.