Hungary Import Trade Data

11-Apr-2025

Expand Your Import Business in Hungary

Volza's Big Data technology scans over 2 billion Import shipment records in Hungary to identify top & new suppliers, economial sourcing, and profitable products.
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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

country 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 2024, it holds the 54th 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 dynamic market in Central Europe, primarily imports machinery, electronic equipment, and vehicles. These sectors are vital for supporting its robust automotive industry and various manufacturing activities, creating substantial opportunities for global exporters.

Economic Overview:
Hungary's economy, notable for its strong industrial sector, ranks as a significant player within the European Union in terms of GDP. Imports are crucial to its economic structure, especially in high-tech and capital goods, which are essential for its manufacturing base. Ongoing efforts towards economic diversification, particularly in the renewable energy and tech sectors, are reshaping its import needs.

Political and Regulatory Environment:
The political landscape in Hungary is stable but often scrutinized for governance practices. As a member of the EU, Hungary's import policies are influenced by EU regulations, which facilitates a streamlined trade process across member states. Recent legislative changes and trade agreements within the EU continue to impact the import dynamics.

Opportunities and Challenges for Exporters:
Exporters can leverage gaps in the Hungarian market, particularly in advanced technology and renewable energy equipment. However, challenges include navigating regulatory complexities and economic policies that may favor domestic over foreign enterprises.

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.

Imports:

In September 2024, Hungary ranked 19th in global imports, with imports valued at 114.04 billion, representing a -14% growth from September 2023.

From September 2024 to September 2025, the country's imports amounted to US$269.1 billion, showing a 23% growth from the preceding year.

In 2025, imports totaled 114.04 billion, marking a -28% YOY growth from 2024. Sources of these imports were Germany, China, Austria, Poland, Rep. of Korea, Czechia, Slovakia, Netherlands, Italy, Russian Feder. Imported products were Electrical machinery and equipment, Machinery and equipment, Vehicles and Parts, other than railway or tramway. Suppliers were NOKIA SOLUTIONS AND NETWORKS INDONESIA, MAGYAR SUZUKI CORPORATION LTD, and EGLO MAGYARORSZAG KFT. Importers in Hungary were Germany: 22.8%, China: 6.7%, and Austria: 6.1%.

Top 10 Import Products:

  1. Crude Petroleum (HS code: 2709) - Energy sector support.
  2. Cars (HS code: 8703) - Automotive industry replenishment.
  3. Packaged Medicaments (HS code: 3004) - Healthcare sector demand.
  4. Refined Petroleum (HS code: 2710) - Fuel supply for various industries.
  5. Broadcasting Equipment (HS code: 8525) - Media and communication expansion.
  6. Computers (HS code: 8471) - IT infrastructure development.
  7. Vehicle Parts (HS code: 8708) - Automotive manufacturing needs.
  8. Insulated Wire (HS code: 8544) - Electrical and electronic industries.
  9. Integrated Circuits (HS code: 8542) - Tech sector inputs.
  10. Office Machine Parts (HS code: 8473) - Business operational tools.

Top Buyers from Hungary:

Z To Order and NA, EMBASSY OF INDIA, FUTURE PIPE INDUSTRIES

Solution for Global Exporters:

To effectively tap into Hungary's import market, global exporters are encouraged to utilize Volza’s online import data. This tool provides in-depth analysis and actionable insights, enabling exporters to quickly understand market trends, identify opportunities, and strategically position their products. Volza simplifies market entry, aiding in efficient and effective decision-making processes.

Import Database - Factsheet

Source : Volza Import Data
Hungary
Import Data
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13,053,114 Bill of Ladings, 40,450 Buyers & 75,372 Suppliers
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Top 10 Importers

Hungary Top 10 Importers

Within our Volza database, we possess comprehensive information about over 10 active importers in Hungary. To assist you in identifying the leading importers in Hungary, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Hungary are companies like NOKIA SOLUTIONS AND NETWORKS INDONESIA , MAGYAR SUZUKI CORPORATION LTD , and EGLO MAGYARORSZAG KFT . 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 importers, and explore the additional resources provided below.

Hungary Top 10 Importers
Line Chart
Data Source: Volza Import Data
Hungary Top 10 Importers
Rank Importers Shipments
1 NOKIA SOLUTIONS AND NETWORKS INDONESIA 89,454
2 MAGYAR SUZUKI CORPORATION LTD 37,246
3 EGLO MAGYARORSZAG KFT 28,080
4 LORENZ SHOE GROUP 24,239
5 NCR CORPORATION 21,317
6 XOMOX MAGYARORSZAG KFT 18,088
7 LEGERO HUNGARIA KFT 15,327
8 EMERSON PROCESS MANAGEMENT MARINE S 15,015
9 Claas Hungaria Kft 14,543
10 INTERCAR PARTS KFT 14,272
Data Source: Volza Import Data

Top 10 Import Products

Hungary Top 10 Import Products

As the Hungary import data reveals, the nation's top import products for 2024 were prominently characterized by:

- Lady Shoe: 70.94%
- Automobile Component: 17.02%
- Automotive Door: 6.22%
- Valve Seat: 2.68%
- Mobile Antenna: 0.93%
- Sfp Module: 0.81%
- Desktop Computers: 0.72%
- Analog Input Module: 0.31%
- Stainless Steel Plug: 0.25%
- Banknote Sorting: 0.12%
These top 10 import items represented a significant 61.4% of Hungary's total import value for 2024. When analyzing Hungary's customs records, it's evident that the fastest-growing import 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 import landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. These top 10 import items represented a significant 61.4% of Hungary's total import value for 2024. When analyzing Hungary's customs records, it's evident that the fastest-growing import 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 import 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 10 import commodities for 2024.
Hungary Top 10 Import Products
Line Chart
Data Source: Volza Import Data
Hungary Top 10 Import Products
Rank Import Products Shipments
1

LADY SHOE

17,126,638
2

Automobile Component

4,108,511
3

Automotive Door

1,502,115
4

Valve Seat

647,441
5

Mobile Antenna

225,072
6

SFP Module

195,495
7

Desktop Computers

174,011
8

ANALOG INPUT MODULE

75,766
9

STAINLESS STEEL PLUG

59,751
10

Banknote Sorting

28,664
Data Source: Volza Import Data

Trading Partners

Top Trading Partners of Hungary

Africa-CentralAfrica-East Africa-NorthCameroonCentral AfricaDjiboutiEthiopiaKenyaUgandaZimbabweAlgeriaEgyptHungaryAfrica-CentralAfrica-East Africa-NorthCameroonCentral AfricaDjiboutiEthiopiaKenyaUgandaZimbabweAlgeriaEgypt

Top 1 Import Trading Partners

Hungary Top 1 Import Trading Partners

Hungary trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 786,483) .
The growth rates for the leading three importers were as follows: India at 100.00% .
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 import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Hungary’s major imports from India include Automobile Component, Valve Seat, SFP Module, Automotive Door, Mobile Antenna, Desktop Computers, LADY SHOE, Banknote Sorting, ANALOG INPUT MODULE, STAINLESS STEEL PLUG, products. The provided chart below breaks down the values in percentile of Hungary’s top 1 import partners for 2024.

Hungary Top 1 Import Trading Partners
Line Chart
Data Source: Volza Import Data
Hungary Top 1 Import Trading Partners
Rank Import Trading Partners Shipments
1 India 786,483
Data Source: Volza Import Data

Import Data Sample Record

Hungary Import Data Sample Record

Hungary import data covers all important shipping details that are essential for businesses to find importers in Hungary, analyze market trends, and identify potential industries. Hungary trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Hungary import data sample with complete number of fields available in data.

Hungary Import Fields
Date:
30 Nov 2024
HS Code:
73072900
Quantity:
100
Quantity Unit:
NOS
Value FC:
182
Value:
HS Description:
Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel:
Exporter:
Tubefit Engineers
Importer:
Data Source: Volza Import Data
Hungary Import Fields
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
Total 72 Fields
Data Source: Volza Import Data

Top 10 Import Ports

Hungary Top 10 Import Ports

Hungary's global import trade operates through over 10 ports. Budapest stands as the predominant port, handling 556,945 import shipments, which constitutes a 71% market share. Hamburg follows with an 13% share, accounting for 94,624 shipments, while Koper contributes a 72.39% market share with its 91,986 shipments. For detailed import 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 import ports facilitate the consistent delivery of essential goods across Hungary.

Hungary Top 10 Import Ports
Line Chart
Data Source: Volza Import Data
Hungary Top 10 Import Ports
Rank Import Ports Shipments
1

Budapest

556,945
2

Hamburg

94,624
3

Koper

91,986
4

Trieste

6,015
5

Szentgotthard

4,938
6

Thoothibari LCS

3,690
7

Vienna

3,267
8

Graz

2,960
9

Debrecen

2,836
10

Rotterdam

2,074
Data Source: Volza Import Data

Import Bill of Lading

Import Shipments of Hungary
13,053,114
Date
30-11-2024
Shipper Name
QCS QUICK CAEGO SERVICE KFT
Weight Unit
NOS
Quantity
100
Shipment Origin
India
Port of origin
Bombay Air

Datasets

Africa-Central


Africa-East


Africa-North


Africa-South


Africa-West


America-Central


Asia-Central


Asia-East


Asia-South


Asia-Southeast


Asia-West


Australia/Oceania


Europe-East


Europe-North


Europe-South


Europe-West


Middle-East


North America


South America


The Caribbean

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Frequently Asked Questions

What information is included in Hungary Import Data?

Hungary Import Data includes details about imported products, such as their descriptions, HS codes (Harmonized System codes), origins, quantities, values, importers' details, shipment details, and customs duties paid.

How often is the Hungary Import Trade Data updated on Volza.com?

The frequency of updates for Hungary Import 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 Import trade data updated on Volza.com?

The Hungary import 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 import trade data for Hungary.

What types of import trade data can I find on Volza.com?

Volza.com offers a wide range of import 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 import trade.

Why is Hungary Import Data important?

Hungary Import 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 Import Data?

Yes, historical Hungary Import Data is valuable for tracking changes in import patterns over months or years, identifying seasonality, and understanding long-term trends.