Import Data

Hungary Export Data

Hungary contributes significantly to the supply of high-value commodities to the EU and international markets as a major manufacturing and re-export center in Central Europe. Its strong exports are mostly due to its thriving automotive, electronics, and industrial industries. The capital is Budapest, and the country is connected to important European economies by integrated rail and road networks. As per Hungary export data, Hungary is a key player in EU commerce, with a population of over 9.6 million and a GDP of about USD 205 billion. Its total exports for 2024 are projected to be around USD 140 billion.

34

Hungary ranks around 34th globally in terms of export value.

0.7%

The country accounts for about 0.7% of total global exports.

Germany

Germany is Hungary’s top buyer, purchasing cars, electronics, and machinery.

Cars

Passenger cars are Hungary’s top export, driven by strong automotive production.

Top 10 Export Products of Hungary

According to Hungary trade data, Hungary’s export portfolio is led by automobiles, electronic equipment, and machinery, reflecting its industrial focus and integration into EU supply chains.

Cars (HS 8703): USD 22.4 Billion — 16.0%
Electronic Integrated Circuits (HS 8542): USD 19.6 Billion — 14.0%
Vehicle Parts (HS 8708): USD 15.4 Billion — 11.0%
Industrial Machinery (HS 8479): USD 11.2 Billion — 8.0%
Telecommunications Equipment (HS 8517): USD 9.8 Billion — 7.0%
Medicaments (Packaged) (HS 3004): USD 8.4 Billion — 6.0%
Insulated Wire & Cable (HS 8544): USD 7.0 Billion — 5.0%
Engines & Motors (HS 8407): USD 5.6 Billion — 4.0%
Plastics & Articles (HS 3901): USD 4.2 Billion — 3.0%
Iron & Steel (HS 7208): USD 4.2 Billion — 3.0%

Top 10 Export Trading Partners of Hungary

As per Hungary trade statistics, with Germany as its largest trading partner and other EU nations being the bulk of its top clients, Hungary's export market is closely linked to Europe's industrial hubs.

Germany: 28.0% — USD 39.2 Billion
Austria: 8.0% — USD 11.2 Billion
Italy: 7.5% — USD 10.5 Billion
Slovakia: 7.0% — USD 9.8 Billion
Romania: 6.5% — USD 9.1 Billion
Poland: 6.0% — USD 8.4 Billion
France: 5.5% — USD 7.7 Billion
Netherlands: 4.0% — USD 5.6 Billion
Czech Republic: 3.5% — USD 4.9 Billion
United Kingdom: 3.0% — USD 4.2 Billion

What Details Contain In Hungary Export Data?

Every shipment arriving by land, air, or sea is included in Hungary’s statistical export data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Hungary export sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Hungary’s export statistics. Usually, the statistical dataset consists of:

Date
HS Code
HS Code Description
Total Value in USD
FOB Value
Quantity
Weight
Way of Transport
Destination Country
Import Country
Port of Loading
Port of Unloading

Benefits of Hungary Export data in your business

Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Hungary's export statistical data.
Investigate International Markets: Examine Hungary’s purchasing trends to identify potential export markets for your goods.
Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
Competitor insights: Keep tabs on where and how rivals obtain their goods.