Hungary Export Trade Data

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Key Indicators
- Export Shipments
- 14,759,785
- Suppliers
- 75,372
- Export Trading Partners
- 223
- Import Shipments
- 13,053,114
- Buyers
- 40,450
- Import Trading Partners
- 232
Overview

Hungary: Navigating Trade Prospects Amidst Geography and Infrastructure
Nestled in Central Europe, Hungary boasts a blend of historical charm and modern economic potential. As of 2025, it holds the () position in global GDP rankings. Positioned as a crossroads between Eastern and Western Europe, Hungary enjoys a strategic location that fuels its trade dynamics.
Introduction:
Hungary, a pivotal Central European nation, is known for its strong manufacturing base, particularly in automotive, electronics, and pharmaceutical sectors. These industries are vital to fulfilling global market demands and significantly contribute to Hungary's economic growth, offering numerous opportunities for global importers.
Economic Overview:
Hungary's economy is moderately sized with a significant focus on industrial production and exports, particularly in machinery and equipment. It ranks competitively in global GDP listings, and exports are a major component of its GDP. Ongoing efforts include advancing technology and innovation in manufacturing processes to enhance export capabilities.
Political and Regulatory Environment:
Hungary's political environment is relatively stable, with policies that generally support industrial growth and export activities. As a member of the European Union, Hungary benefits from the single market's trade agreements, though recent legislative changes could impact its trade dynamics.
Opportunities and Challenges for Importers:
Importers can find attractive prospects in high-demand sectors such as automotive components and pharmaceuticals, where Hungary has developed a competitive edge. Challenges may include navigating regulatory changes within the EU and managing supply chain logistics given Hungary's landlocked location.
Positives:
1. Strategic Crossroads: Hungary's central European location positions it as a gateway for trade between Eastern and Western Europe. This advantageous geography facilitates efficient transit and accessibility to major markets.
2. Robust Infrastructure: Well-developed transportation networks, including road and rail systems, enhance Hungary's connectivity. The Danube River further contributes to efficient trade routes and supports the nation's economic activities.
3. Membership in the European Union: Hungary's EU membership provides access to a vast single market, fostering trade relationships and economic integration.
Negatives:
1. Landlocked Challenge: Despite strategic positioning, Hungary faces challenges as a landlocked country, relying heavily on neighboring nations for sea access. This limitation can impact maritime trade and increase dependency on transport infrastructure.
2. Currency Volatility: The Hungarian Forint's susceptibility to fluctuations introduces risks for businesses engaged in international trade.
3. Trade Imbalances: Hungary has experienced trade deficits in the past, reflecting challenges in maintaining a balance between imports and exports.
Hungary import export data
, including buyer and supplier names, is available on the Volza Platform.
Exports:
In September 2024, Hungary ranked 20th in global exports. Exports totaled 121.66 billion, which is a 2% increase from September 2023.On a TTM basis from September 2023 to September 2024, Hungary's rank was 20, with exports of 122 billion, indicating a 2% growth from the previous year.
In 2024, exports reached 122 billion, showing a -18% YOY growth from 2023. Areas, nes, Germany, Italy, Romania, Slovakia, Czechia, Poland, France, Austria, USA were the main export destinations. Products exported were Electrical machinery and equipment, Vehicles and Parts, Machinery and equipment. Buyers included EATON MANUFACTURING HUNGARY K, MERCEDES BENZ AG, and BAYERISCHE MOTOREN WERKE. Exporters from Hungary were Areas, nes: 43.3%, and Germany: 15.0%.
Top 10 Export Products:
- Automobiles (HS Code: 8703) - Including passenger and commercial vehicles.
- Electrical Machinery (HS Code: 8501) - High-tech manufacturing components.
- Pharmaceuticals (HS Code: 3004) - Generic and specialized medications.
- Machinery (HS Code: 8479) - Automation equipment and parts.
- Rubber Products (HS Code: 4011) - Tires and industrial rubber goods.
- Optical Instruments (HS Code: 9001) - Medical and precision devices.
- Iron and Steel (HS Code: 7204) - Raw materials and alloys.
- Plastic Products (HS Code: 3901) - Components for various industries.
- Furniture (HS Code: 9403) - High-quality household and office furniture.
- Agricultural Products (HS Code: 1005) - Corn and other cereals.
Top Exporters from Hungary:
Top Importers importing from Hungary:
Solution for Global Importers:
We encourage global importers to explore Hungary's export market through Volza’s online export data. Utilizing Volza can help importers efficiently identify and seize opportunities within Hungary's dynamic export sectors. Engage with Volza to navigate and leverage Hungary’s export offerings effectively.
Export Database - Factsheet
-
Data Source
-
Statistical data
-
Data Available From
- 01, Jan, 2014
-
Data Coverage
-
100%
-
Last Shipment
- 01, Mar, 2024
-
Update Frequency
- Monthly
-
-
- 14,759,785
-
- -98.58%
-
- 223
-
- -61.21%
Search Import Export Data
Hungary Export Data
14,759,785
Product | Exporters | Buyers | Arrival Date |
---|---|---|---|
CCA,PXIE-4464,BASEBOARD, BNC |
Malaysia
|
Malaysia
|
30-Nov-2024 |
GLOVE PRINT |
Malaysia
|
Malaysia
|
30-Nov-2024 |
SUB-D CONNECTOR |
Malaysia
|
Malaysia
|
30-Nov-2024 |
CCA,PXIE-4113 DUAL OUTPUT POWER SUPPLY |
Malaysia
|
Malaysia
|
30-Nov-2024 |
CCA,PXIE-4463,BNC |
Malaysia
|
Malaysia
|
30-Nov-2024 |
|
India
|
India
|
30-Nov-2024 |
Top 10 Exporters
Hungary Top 10 Exporters
Within our Volza database, we possess comprehensive information about over 10 active exporters in Hungary. To assist you in identifying the leading exporters in Hungary, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 exporters in Hungary are companies like EATON MANUFACTURING HUNGARY K , MERCEDES BENZ AG , and BAYERISCHE MOTOREN WERKE . These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 exporters, and explore the additional resources provided below.
Rank | Exporters | Shipments |
---|---|---|
1 | EATON MANUFACTURING HUNGARY K | 58,245 |
2 | MERCEDES BENZ AG | 54,971 |
3 | BAYERISCHE MOTOREN WERKE | 41,166 |
4 | KNORR BREMSE SYSTEME | 39,955 |
5 | Volkswagen | 39,128 |
6 | AUDI AG | 38,995 |
7 | MAGYAR SUZUKI ZRT | 37,433 |
8 | HANKOOK TIRE HUNGARY | 30,540 |
9 | LEGO SYSTEM A S | 30,349 |
10 | TOYOTA MOTOR EUROPE NV SA DERBY OFFICE | 29,025 |
Top 3 Export Products
Hungary Top 3 Export Products
As the Hungary export data reveals, the nation's top export products for 2024 were prominently characterized by:
- Plastic: 61.11% - Parts Of Automotive: 30.16% - Insulator: 8.73%These top 3 export items represented a significant 61.4% of Hungary's total export value for 2024. When analyzing Hungary's customs records, it's evident that the fastest-growing export categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. These top 3 export items represented a significant 61.4% of Hungary's total export value for 2024. When analyzing Hungary's customs records, it's evident that the fastest-growing export categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Hungary’s top 0 export commodities for 2024.
Rank | Export Products | Shipments |
---|---|---|
1 |
PLASTIC |
81,189,574 |
2 |
PARTS OF AUTOMOTIVE |
40,072,862 |
3 |
INSULATOR |
11,602,345 |
Trading Partners
Top Trading Partners of Hungary
Top 9 Export Trading Partners
Hungary Top 9 Export Trading Partners
Hungary trade data from 2024 highlights the nation's top
9
export partners as follows:
ROMANIA (USD 791,953)
, TURKEY (USD 764,651)
and the ARGENTINA (USD 755,875).
The growth rates for the leading three
exporters were as follows:
Romania
at 5.37%
, Turkey
at 5.18%
and Argentina
5.12%.
Trade balance analysis reveals that Hungary had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year.
Hungary export statistics show that the country's top
9
export partners in 2024 collectively contributed 87.2% to the overall value of
export shipments. Furthermore,
Hungary’s major exports from
Romania include
PLASTIC,
PARTS OF AUTOMOTIVE,
INSULATOR,
INSULATOR,
products.
The provided chart below breaks down the values in percentile of
Hungary’s top 9
export partners for 2024.
Rank | Export Trading Partners | Shipments |
---|---|---|
1 | Romania | 791,953 |
2 | Turkey | 764,651 |
3 | Argentina | 755,875 |
4 | Netherlands | 717,027 |
5 | India | 676,286 |
6 | Slovakia | 629,984 |
7 | Germany | 541,736 |
8 | Austria | 509,718 |
9 | Czech Republic | 504,265 |
Export Data Sample Record
Hungary Export Data Sample Record
Hungary export data covers all important shipping details that are essential for businesses to find
exporters in Hungary, analyze market trends, and identify potential industries.
Hungary trade data contains customs-based details including Date,
Exporter Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country.
View Hungary export data sample with complete number of fields available in data.
Date: |
30 Nov 2024
|
HS Code: |
8471809000
|
Quantity: |
1
|
Quantity Unit: |
UNT
|
Value FC: | |
Value: |
1
|
HS Description: |
Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included., Other units of automatic data processing machines:, Other
|
Exporter: |
KINTETSU WORLD EXPRESS HK LIMITED C O PANASONIC
|
Importer: |
S.No | Data Fields |
---|---|
1 |
Date
|
2 |
HSN Code
|
3 |
Quantity
|
4 |
Quantity Unit
|
5 |
Value FC
|
6 |
Value
|
7 |
HSN Description
|
8 |
Exporter
|
9 |
Importer
|
Top 0 Export Ports
Hungary Top 0 Export Ports
Hungary's global export trade operates through over 0 ports. false stands as the predominant port, handling export shipments, which constitutes a 0% market share. follows with an 0% share, accounting for shipments, while contributes a 0% market share with its shipments. For detailed export trade statistics of each port in Hungary, refer to the provided links below. Collectively, these ports underscore the integrated nature of Hungary's trade infrastructure. As the trade data indicates, these crucial export ports facilitate the consistent delivery of essential goods across Hungary.
Rank | Export Ports | Shipments |
---|
Export Bill of Lading
- Export Shipments of Hungary
- 14,759,785
- Date
- 30-11-2024
- Product Description
- CCA,PXIE-4464,BASEBOARD, BNC
- Shipper Name
- KINTETSU WORLD EXPRESS HK LIMITED C O PANASONIC
- Weight Unit
- UNT
- Quantity
- 1
- Shipment Origin
- Malaysiat3
- Port of origin
- Not Available
- Marks Description
- Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included., Other units of automatic data processing machines:, Other
Datasets
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Frequently Asked Questions
What information is included in Hungary Export Data?
Hungary Export Data includes details about Exported products, such as their descriptions, HS codes (Harmonized System codes), origins, quantities, values, exporters' details, shipment details, and customs duties paid.
How often is the Hungary Export Trade Data updated on Volza.com?
The frequency of updates for Hungary Export Trade Data on Volza.com may vary, but the platform strives to ensure regular updates. The goal is to provide users with the most current and accurate information available. It is recommended to check the platform regularly or contact the Volza.com support team for specific details on data update schedules.
How frequently is the Hungary Export trade data updated on Volza.com?
The Hungary export trade data on Volza.com is regularly updated to provide the most current information available. The website strives to ensure that users have access to the latest export trade data for Hungary.
What types of export trade data can I find on Volza.com?
Volza.com offers a wide range of export trade data for Hungary. You can find data related to various sectors and industries, including agriculture, manufacturing, energy, textiles, and more. The website aims to provide comprehensive information to cater to the diverse needs of users interested in Hungary's export trade.
Why is Hungary Export Data important?
Hungary Export Data plays a crucial role in understanding the country's trade dynamics, economic trends, and market demand. It aids businesses, policymakers, researchers, and investors in making informed decisions related to international trade and investment.
Can I access historical Hungary Export Data?
Yes, historical Hungary Export Data is valuable for tracking changes in export patterns over months or years, identifying seasonality, and understanding long-term trends.