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 (%) | 2010 - 2021

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2010
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2021
TOTAL. ALL COMMODITIESHungaryWorldExportsValue (US$)94,748,737,000.00111,216,834,000.00103,006,014,000.00108,014,637,456.00112,536,243,771.00100,296,847,323.00103,009,508,296.00113,496,741,513.00123,957,885,048.00122,180,657,695.00119,970,720,482.00141,157,091,681.00
Value Growth, YoY (%)14.7417.38-7.384.864.18-10.872.7010.189.21-1.43-1.8017.65
ImportsValue (US$)87,432,095,000.00101,369,997,000.0094,266,239,000.0099,295,902,335.00104,178,438,000.0090,760,850,877.0092,209,667,137.00104,394,044,411.00117,381,592,676.00117,324,011,167.00113,422,659,451.00139,132,012,128.00
Value Growth, YoY (%)13.1415.94-7.005.334.91-12.871.5913.2112.44-0.04-3.3222.66

The value of merchandise exports from Hungary totalled $ 141 billion in 2021. Merchandise exports from Hungary increased by 17.6% compared to 2020. Goods exports grew up by $ 21 billion in 2021 (the value of merchandise exports from Hungary amounted to $119 billion in 2020)

Hungary's exports 2021 by country

Top export destinations of commodities from Hungary in 2021:

  • Germany with a share of 26% (37 billion US$)
  • Italy with a share of 5.83% (8.24 billion US$)
  • Romania with a share of 5.28% (7.45 billion US$)
  • Slovak Republic with a share of 5.18% (7.31 billion US$)
  • Austria with a share of 4.53% (6.4 billion US$)
  • Poland with a share of 4.28% (6.04 billion US$)
  • France with a share of 4.18% (5.9 billion US$)
  • Czech Republic with a share of 4.14% (5.85 billion US$)
  • Netherlands with a share of 3.31% (4.67 billion US$)
  • United Kingdom with a share of 3.13% (4.42 billion US$)

Exports structure from Hungary in 2021 represented by the following main commodity groups:

  • 24% (34 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 15.4% (21 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 14.4% (20 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5% (7.06 billion US$): 30 - Pharmaceutical products
  • 4.55% (6.42 billion US$): 39 - Plastics and articles thereof
  • 3.19% (4.51 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 3% (4.24 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.08% (2.94 billion US$): 40 - Rubber and articles thereof
  • 1.5% (2.12 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 1.5% (2.12 billion US$): 72 - Iron and steel

What did Hungary export in 2021?

Hungary's Top Exports in 2021:

  • 8.5% ($12 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
  • 5.51% ($7.77 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 3.17% ($4.48 billion): 8507 - Electric accumulators, including separators therefor, whether or not rectangular (including square)
  • 2.94% ($4.15 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
  • 2.82% ($3.98 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
  • 2.82% ($3.98 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
  • 2.56% ($3.62 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
  • 2.18% ($3.08 billion): 8407 - Spark-ignition reciprocating or rotary internal combustion piston engines
  • 1.87% ($2.64 billion): 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
  • 1.73% ($2.45 billion): 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

The value of merchandise imports to Hungary totalled $ 139 billion in 2021. Merchandise imports to Hungary increased by 22% compared to 2020. Goods imports grew up by $ 25 billion in 2021 (the value of merchandise imports to Hungary was equal to $113 billion in 2020)

Hungary's imports 2021 by country

Top trading partners (import sources) of Hungary in 2021:

  • Germany with a share of 23% (33 billion US$)
  • China with a share of 7.06% (9.82 billion US$)
  • Austria with a share of 6.09% (8.48 billion US$)
  • Slovak Republic with a share of 5.86% (8.15 billion US$)
  • Poland with a share of 5.7% (7.94 billion US$)
  • Netherlands with a share of 4.96% (6.91 billion US$)
  • Czech Republic with a share of 4.83% (6.72 billion US$)
  • Italy with a share of 4.43% (6.17 billion US$)
  • France with a share of 3.14% (4.37 billion US$)
  • Korea with a share of 3.12% (4.35 billion US$)

Imports structure to Hungary in 2021 represented by the following main commodity groups:

  • 21% (30 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 14.5% (20 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 9% (12.5 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 8.99% (12.5 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.02% (6.98 billion US$): 39 - Plastics and articles thereof
  • 4.25% (5.92 billion US$): 30 - Pharmaceutical products
  • 2.67% (3.72 billion US$): 72 - Iron and steel
  • 2.42% (3.37 billion US$): 73 - Articles of iron or steel
  • 2.36% (3.29 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 1.9% (2.65 billion US$): 76 - Aluminum and articles thereof

What did Hungary import in 2021?

Hungary's Top Imports in 2021:

  • 4.69% ($6.53 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 3.28% ($4.56 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
  • 2.59% ($3.61 billion): 2716 - Electrical energy. (optional heading)
  • 2.55% ($3.54 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 2.54% ($3.53 billion): 8542 - Electronic integrated circuits and microassemblies
  • 2.47% ($3.44 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
  • 2.07% ($2.88 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
  • 2.07% ($2.88 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 1.84% ($2.56 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
  • 1.77% ($2.47 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc

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