Hungary Export Import trade data

11-Apr-2025

Grow Your Export Import Business in Hungary

Volza's Big Data technology scans over 2 billion Export Import shipment records in Hungary to identify new Buyers, Suppliers, emerging markets, profitable export import opportunities, and promising products.
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Key Indicators

Export Shipments
14,759,785
Buyers
5,511
Export Trading Partners
223
Import Shipments
13,053,114
Suppliers
7,365
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 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.

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 122 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.

Imports:


In September 2024, Hungary ranked 19th in global imports, with imports valued at 114 billion, representing a -14% growth from 2023.

From September 2023 to September 2024, the country's imports amounted to 114 billion, showing a -14% growth from the preceding year.

In 2024, imports totaled 114 billion, marking a -28% YOY growth from 2023. 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. Suppliers were NOKIA SOLUTIONS AND NETWORKS INDONESIA, MAGYAR SUZUKI CORPORATION LTD, and EGLO MAGYARORSZAG KFT.

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Import Factsheet

Data Source
Statistical
Data Coverage
100%
Last Shipment
01, Mar, 2024
Update Frequency
Monthly
Import Shipment
13,053,114 -99.13%
Trading Partners
232 -59.89%
Source : Volza
Import Data

Export Factsheet

Data Source
Statistical
Data Coverage
100%
Last Shipment
01, Mar, 2024
Update Frequency
Monthly
Export Shipment
14,759,785 -98.58%
Trading Partners
223 -61.21%
Source : Volza
Export Data
Hungary
Import Export Data

27,812,899 Bill of Ladings, 5,511 Buyers, 7,365 Suppliers

country import export
Import
vs
Export
Jan-Dec 22 Shipment
Data Source : Volza Import Export Data
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Trading Partners

Top Trading Partners of Hungary

Import Trading Partners
Export Trading Partners
Africa-CentralAfrica-East Africa-NorthCameroonCentral AfricaDjiboutiEthiopiaKenyaUgandaZimbabweAlgeriaEgyptHungaryAfrica-CentralAfrica-East Africa-NorthCameroonCentral AfricaDjiboutiEthiopiaKenyaUgandaZimbabweAlgeriaEgypt

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