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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 2021

  • The total value of exports (FOB) is US$ 141,157 million.
  • The total value of imports (CIF) is US$ 139,132 million.
  • At the HS6 digit level, 3,999 products are exported to 205 countries and 4,383 products are imported from 186 countries.

Top 5 Products exports imports at HS 6 digit level 2021

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

  • Hungary exported Electric accumulators, nes , worth US$ 4,172,858.36 million.
  • Hungary exported Television receivers including video monitors a , worth US$ 3,903,086.68 million.
  • Hungary exported Automobiles with reciprocating piston engine di , worth US$ 3,725,746.57 million.
  • Hungary exported Transmission apparatus, for radioteleph incorpo , worth US$ 3,159,472.87 million.
  • Hungary exported Other medicaments of mixed or unmixed products, , worth US$ 3,110,359.58 million.

The top five imported HS 6 digit level products from world by Hungary along with trade value are

  • Hungary imported Electrical energy , worth US$ 3,616,678.15 million.
  • Hungary imported Monolithic integrated circuits, digital , worth US$ 3,473,372.57 million.
  • Hungary imported Natural gas in gaseous state , worth US$ 3,241,535.71 million.
  • Hungary imported Transmission apparatus, for radioteleph incorpo , worth US$ 3,138,064.07 million.
  • Hungary imported Petroleum oils and oils obtained from bituminou , worth US$ 2,883,102.74 million.

Hungary top 5 Export and Import partners 2021

The top five countries to which Hungary exported 2021 along with the partner share in percentage are:

  1. Hungary exports to Germany worth US$ 37,603 million, with a partner share of 26.64 percent.
  2. Hungary exports to Italy worth US$ 8,243 million, with a partner share of 5.84 percent.
  3. Hungary exports to Romania worth US$ 7,454 million, with a partner share of 5.28 percent.
  4. Hungary exports to Slovak Republic worth US$ 7,313 million, with a partner share of 5.18 percent.
  5. Hungary exports to Austria worth US$ 6,404 million, with a partner share of 4.54 percent.

The top five countries to which Hungary imported goods 2021 along with the share in percentage are

  1. Hungary imports from Germany worth US$ 33,019 million, with a partner share of 23.73 percent.
  2. Hungary imports from China worth US$ 9,825 million, with a partner share of 7.06 percent.
  3. Hungary imports from Austria worth US$ 8,486 million, with a partner share of 6.10 percent.
  4. Hungary imports from Slovak Republic worth US$ 8,157 million, with a partner share of 5.86 percent.
  5. Hungary imports from Poland worth US$ 7,942 million, with a partner share of 5.71 percent.

Hungary Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2021

Tariffs imposed by Hungary in 2021 are below.

  • The maximum rate of tariff in percentage on any product is 193.43.
  • The simple average tariff across all products is 2.11.
  • The trade weighted average tariff is 0.95.
  • The total duty free imports in thousands of US dollars are 26,948,988.77 and duty free tariff line items share is 61.47.

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) 2021

Key Development Indicators of Hungary in 2021 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