Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Hungary | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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2022
TOTAL. ALL COMMODITIESHungaryWorldExportsValue (US$)111,216,834,000.00103,006,014,000.00108,014,637,456.00112,536,243,771.00100,296,847,323.00103,009,508,296.00113,496,741,513.00123,957,885,048.00122,180,657,695.00119,970,720,482.00141,157,091,681.00149,934,114,714.00
Value Growth, YoY (%)17.38-7.384.864.18-10.872.7010.189.21-1.43-1.8017.656.21
ImportsValue (US$)101,369,997,000.0094,266,239,000.0099,295,902,335.00104,178,438,000.0090,760,850,877.0092,209,667,137.00104,394,044,411.00117,381,592,676.00117,324,011,167.00113,422,659,451.00139,132,012,128.00159,334,561,983.00
Value Growth, YoY (%)15.94-7.005.334.91-12.871.5913.2112.44-0.04-3.3222.6614.52

The value of merchandise exports from Hungary totalled $ 149 billion in 2022. Merchandise exports from Hungary increased by 6.21% compared to 2021. Goods exports grew up by $ 8.77 billion in 2022 (the value of merchandise exports from Hungary amounted to $141 billion in 2021)

Hungary's exports 2022 by country

Top export destinations of commodities from Hungary in 2022:

  • Germany with a share of 25% (37 billion US$)
  • Italy with a share of 5.68% (8.52 billion US$)
  • Romania with a share of 5.32% (7.98 billion US$)
  • Slovak Republic with a share of 5.12% (7.67 billion US$)
  • Austria with a share of 4.51% (6.76 billion US$)
  • Poland with a share of 4.29% (6.44 billion US$)
  • France with a share of 4.21% (6.32 billion US$)
  • Czech Republic with a share of 4.15% (6.23 billion US$)
  • Netherlands with a share of 3.61% (5.41 billion US$)
  • USA with a share of 3.54% (5.31 billion US$)

Exports structure from Hungary in 2022 represented by the following main commodity groups:

  • 25% (37 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14.7% (22 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 14.3% (21 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.68% (7.01 billion US$): 30 - Pharmaceutical products
  • 4.26% (6.4 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 4.05% (6.08 billion US$): 39 - Plastics and articles thereof
  • 2.75% (4.12 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.03% (3.05 billion US$): 40 - Rubber and articles thereof
  • 1.48% (2.22 billion US$): 73 - Articles of iron or steel
  • 1.45% (2.18 billion US$): 72 - Iron and steel

What did Hungary export in 2022?

Hungary's Top Exports in 2022:

  • 8.11% ($12.1 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 5.18% ($7.77 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 4.95% ($7.42 billion): 8507 - Electric accumulators, including separators therefor, whether or not rectangular (including square)
  • 3.23% ($4.84 billion): 8471 - 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
  • 2.66% ($3.99 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 2.6% ($3.9 billion): 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
  • 2.21% ($3.32 billion): 2716 - Electrical energy. (optional heading)
  • 2.07% ($3.1 billion): 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
  • 1.98% ($2.97 billion): 8407 - Spark-ignition reciprocating or rotary internal combustion piston engines

The value of merchandise imports to Hungary totalled $ 159 billion in 2022. Merchandise imports to Hungary increased by 14.5% compared to 2021. Goods imports grew up by $ 20 billion in 2022 (the value of merchandise imports to Hungary was equal to $139 billion in 2021)

Hungary's imports 2022 by country

Top trading partners (import sources) of Hungary in 2022:

  • Germany with a share of 21% (33 billion US$)
  • Austria with a share of 7.25% (11.5 billion US$)
  • China with a share of 6.73% (10.7 billion US$)
  • Slovak Republic with a share of 6.65% (10.6 billion US$)
  • Russia with a share of 6.05% (9.64 billion US$)
  • Poland with a share of 5.57% (8.87 billion US$)
  • Netherlands with a share of 4.88% (7.77 billion US$)
  • Czech Republic with a share of 4.73% (7.54 billion US$)
  • Italy with a share of 4.08% (6.51 billion US$)
  • Korea with a share of 3.84% (6.12 billion US$)

Imports structure to Hungary in 2022 represented by the following main commodity groups:

  • 19.8% (31 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 15% (23 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 13.1% (20 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.25% (13.1 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.55% (7.26 billion US$): 39 - Plastics and articles thereof
  • 3.23% (5.14 billion US$): 30 - Pharmaceutical products
  • 2.6% (4.14 billion US$): 72 - Iron and steel
  • 2.5% (3.99 billion US$): 38 - Miscellaneous chemical products
  • 2.25% (3.59 billion US$): 73 - Articles of iron or steel
  • 2% (3.19 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

What did Hungary import in 2022?

Hungary's Top Imports in 2022:

  • 6.18% ($9.85 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 4.67% ($7.45 billion): 2716 - Electrical energy. (optional heading)
  • 4.17% ($6.64 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 2.99% ($4.77 billion): 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
  • 2.44% ($3.9 billion): 8542 - Electronic integrated circuits and microassemblies
  • 2.15% ($3.43 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.12% ($3.39 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 1.74% ($2.78 billion): 8471 - 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
  • 1.67% ($2.66 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale

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Hungary | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022