Hungary | Imports and Exports | World | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" from Hungary totalled $ 40 billion in 2023. Sales of commodity group 85 from Hungary went up by 8.27% compared to 2022: exports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" went up by $ 3.11 billion (cumulative exports of commodity group 85 from Hungary amounted $37 billion in 2022)
Exports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" amounted to 25% of total exports from Hungary (cumulative merchandise exports from Hungary totalled $ 158 billion in 2023). The share of commodity group 85 in total exports from Hungary increased by 0.676 p.p. compared to 2022 (it was 25% in 2022 and cumulative exports from Hungary were equal to $ 149 billion).
Where does Hungary export Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles?
Top export destinations of "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" from Hungary in 2023:
- Germany with a share of 37% (15.2 billion US$)
- Czech Republic with a share of 5.76% (2.34 billion US$)
- Italy with a share of 5.01% (2.04 billion US$)
- Belgium with a share of 4.63% (1.88 billion US$)
- USA with a share of 4.2% (1.71 billion US$)
- Slovak Republic with a share of 3.75% (1.52 billion US$)
- France with a share of 3.55% (1.44 billion US$)
- Romania with a share of 3.53% (1.43 billion US$)
- Poland with a share of 2.69% (1.09 billion US$)
- Netherlands with a share of 2.63% (1.07 billion US$)
Exports structure of 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles - from Hungary in 2023 represented by the following main commodity groups:
- 27% (11.2 billion US$): 8507 - Electric accumulators, including separators therefor, whether or not rectangular (including square)
- 11.1% (4.53 billion US$): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
- 7.35% (2.99 billion US$): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
- 6.59% (2.68 billion US$): 8537 - Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 85.35 or 85.36, for electric control or the distribution of electricity, including those incorporating instruments or apparatus of Chapter 90, and numerical control apparatus, other than switching apparatus of heading 85.17
- 6.14% (2.5 billion US$): 8528 - Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus
- 5.6% (2.27 billion US$): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors
- 5.43% (2.21 billion US$): 8501 - Electric motors and generators (excluding generating sets).
- 4.1% (1.67 billion US$): 8536 - Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 volts
- 2.7% (1.09 billion US$): 8538 - Parts suitable for use solely or principally with the apparatus of heading 85.35, 85.36 or 85.37
- 2.28% (928 million US$): 8516 - Electric instantaneous or storage water heaters and immersion heaters; electric space heating apparatus and soil heating apparatus; electro-thermic hair-dressing apparatus (for example, hair dryers, hair curlers, curling tong heaters) and hand dryers; electric smoothing irons; other electro-thermic appliances of a kind used for domestic purposes; electric heating resistors, other than those of heading 85.45
The value of imports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" to Hungary totalled $ 31 billion in 2023. Sales of commodity group 85 to Hungary decreased by 1.55% in value terms compared to 2022. imports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" decreased by $ 490 million (the value of imports of commodity group 85 to Hungary was equal to $31 billion in 2022)
Imports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" accounted for 20% of total import flow to Hungary (in 2023, total imports to Hungary amounted to $ 148 billion). The share of commodity group 85 in total imports to Hungary increased by 1.06 p.p. compared to 2022 (it was 19.8% in 2022 and cumulative imports to Hungary were equal to $ 159 billion).
Where does Hungary import Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles from?
Top trading partners (import of "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles") of Hungary in 2023:
- Germany with a share of 25% (7.96 billion US$)
- China with a share of 13.8% (4.3 billion US$)
- Czech Republic with a share of 7.52% (2.33 billion US$)
- Netherlands with a share of 6.85% (2.13 billion US$)
- Poland with a share of 4.35% (1.35 billion US$)
- Slovak Republic with a share of 3.67% (1.14 billion US$)
- France with a share of 3.1% (966 million US$)
- Austria with a share of 2.89% (901 million US$)
- Hong Kong with a share of 2.67% (832 million US$)
- Romania with a share of 2.62% (816 million US$)
Imports structure of 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles - to Hungary in 2023 represented by the following main commodity groups:
- 16.2% (5.06 billion US$): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
- 14.1% (4.39 billion US$): 8542 - Electronic integrated circuits and microassemblies
- 8.2% (2.55 billion US$): 8507 - Electric accumulators, including separators therefor, whether or not rectangular (including square)
- 8.18% (2.54 billion US$): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
- 5.92% (1.84 billion US$): 8536 - Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 volts
- 5.87% (1.82 billion US$): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors
- 5.56% (1.73 billion US$): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
- 4.13% (1.28 billion US$): 8501 - Electric motors and generators (excluding generating sets).
- 3.39% (1.05 billion US$): 8534 - Printed circuits
- 3.29% (1.02 billion US$): 8537 - Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 85.35 or 85.36, for electric control or the distribution of electricity, including those incorporating instruments or apparatus of Chapter 90, and numerical control apparatus, other than switching apparatus of heading 85.17
