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Hungary Trade

Latest trade data available from various sources.
Hungary monthly trade data
Hungary quarterly trade data

Please note: The data from various sources are not from the same year.

Year
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

Overall Exports and Imports for Hungary 2022

  • The total value of exports (FOB) is US$ 149,934 million.
  • The total value of imports (CIF) is US$ 159,335 million.
  • At the HS6 digit level, 3,974 products are exported to 207 countries and 4,349 products are imported from 190 countries.

Top 5 Products exports imports at HS 6 digit level 2022

The top five exported HS 6 digit level products to world by Hungary along with trade value are:

  • Hungary exported Electric accumulators, nes , worth 7,065,047.14 (US$ Thousands).
  • Hungary exported Automobiles nes including gas turbine powered , worth 4,038,163.65 (US$ Thousands).
  • Hungary exported Electrical energy , worth 3,321,389.21 (US$ Thousands).
  • Hungary exported Other medicaments of mixed or unmixed products, , worth 3,178,333.65 (US$ Thousands).
  • Hungary exported Automobiles with reciprocating piston engine di , worth 3,087,016.40 (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 9,567,683.56 (US$ Thousands).
  • Hungary imported Electrical energy , worth 7,450,503.55 (US$ Thousands).
  • Hungary imported Monolithic integrated circuits, digital , worth 3,844,014.80 (US$ Thousands).
  • Hungary imported Petroleum oils and oils obtained from bituminou , worth 3,390,281.87 (US$ Thousands).
  • Hungary imported Transmission apparatus, for radioteleph incorpo , worth 3,205,995.36 (US$ Thousands).

Hungary top 5 Export and Import partners 2022

The top five countries to which Hungary exported 2022 along with the partner share in percentage are:

  1. Hungary exports to Germany worth US$ 37,725 million, with a partner share of 25.16 percent.
  2. Hungary exports to Italy worth US$ 8,524 million, with a partner share of 5.69 percent.
  3. Hungary exports to Romania worth US$ 7,980 million, with a partner share of 5.32 percent.
  4. Hungary exports to Slovak Republic worth US$ 7,679 million, with a partner share of 5.12 percent.
  5. Hungary exports to Austria worth US$ 6,764 million, with a partner share of 4.51 percent.

The top five countries to which Hungary imported goods 2022 along with the share in percentage are

  1. Hungary imports from Germany worth US$ 33,618 million, with a partner share of 21.10 percent.
  2. Hungary imports from Austria worth US$ 11,564 million, with a partner share of 7.26 percent.
  3. Hungary imports from China worth US$ 10,734 million, with a partner share of 6.74 percent.
  4. Hungary imports from Slovak Republic worth US$ 10,604 million, with a partner share of 6.66 percent.
  5. Hungary imports from Russian Federation worth US$ 9,643 million, with a partner share of 6.05 percent.

Hungary Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2022

Tariffs imposed by Hungary in 2022 are below.

  • The maximum rate of tariff in percentage on any product is 175.99.
  • The simple average tariff across all products is 1.96.
  • The trade weighted average tariff is 0.92.
  • The total duty free imports in thousands of US dollars are 32,329,085.74 and duty free tariff line items share is 66.12.

Overall Trade Restrictiveness Index (OTRI)

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Hungary World Development Indicators (WDI) 2022

Key Development Indicators of Hungary in 2022 are below

WDI

Hungary Doing Business 2019

  • The ease of doing business rank for Hungary is 52.
  • The trade across border rank is 1.
Doing Business

Hungary Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

HungaryLogistics Performance Index (LPI) 2016

  • The LPI score for Hungary in 2016 is 3.43.
  • The LPI rank is 31.
LPI

Hungary Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Hungary is 17.50.
SPRD