Hungary

Compare Hungary →

HU · HUN · BACI 348 · latest data 2024

Exports

$151.8B USD, nominal · 2024

= $151,828 M27.4% over 5 yrs (up)

Imports

$146.3B USD, nominal · 2024

= $146,259 M28.4% over 5 yrs (up)

Trade balancesurplus

$5.6B USD, nominal · 2024

= $5,569 M

Total trade

$298.1B USD, nominal · 2024

= $298,087 M27.9% over 5 yrs (up)

World position: #34 of 225 exporters · top 25% · #32 of 225 importers · top 25% · 2024
World export share since 1995: +0.4 pp

Trade timeline

Hungary's exports grew from $15.5B in 1995 to $151.8B in 2024; the 2024 balance was $5.6B.

Loading trade timeline…

View timeline table

Exports, imports, trade balance and total trade of Hungary per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$15,528 M	$16,668 M	−$1,140 M	$32,196 M
1996	$17,040 M	$17,806 M	−$766 M	$34,846 M
1997	$20,882 M	$22,454 M	−$1,572 M	$43,336 M
1998	$25,046 M	$26,814 M	−$1,768 M	$51,860 M
1999	$27,106 M	$28,992 M	−$1,885 M	$56,098 M
2000	$31,026 M	$33,237 M	−$2,211 M	$64,262 M
2001	$33,781 M	$34,636 M	−$855 M	$68,417 M
2002	$36,777 M	$38,673 M	−$1,896 M	$75,450 M
2003	$44,256 M	$49,362 M	−$5,106 M	$93,617 M
2004	$53,231 M	$60,796 M	−$7,566 M	$114,027 M
2005	$61,014 M	$64,511 M	−$3,497 M	$125,525 M
2006	$70,693 M	$76,250 M	−$5,557 M	$146,944 M
2007	$90,261 M	$92,413 M	−$2,152 M	$182,673 M
2008	$100,217 M	$105,490 M	−$5,273 M	$205,707 M
2009	$75,817 M	$75,372 M	$444 M	$151,189 M
2010	$90,073 M	$84,365 M	$5,708 M	$174,438 M
2011	$102,652 M	$98,148 M	$4,505 M	$200,800 M
2012	$94,188 M	$91,513 M	$2,675 M	$185,701 M
2013	$101,161 M	$98,271 M	$2,891 M	$199,432 M
2014	$108,110 M	$101,934 M	$6,177 M	$210,044 M
2015	$99,736 M	$90,647 M	$9,089 M	$190,384 M
2016	$102,162 M	$90,949 M	$11,213 M	$193,111 M
2017	$110,776 M	$101,272 M	$9,504 M	$212,048 M
2018	$119,420 M	$113,259 M	$6,161 M	$232,679 M
2019	$119,149 M	$113,871 M	$5,278 M	$233,020 M
2020	$114,988 M	$110,042 M	$4,946 M	$225,030 M
2021	$133,131 M	$134,219 M	−$1,088 M	$267,350 M
2022	$140,878 M	$153,334 M	−$12,456 M	$294,212 M
2023	$150,452 M	$144,904 M	$5,548 M	$295,355 M
2024	$151,828 M	$146,259 M	$5,569 M	$298,087 M

30 rows

World share & rank

World export share moved from 0.3% in 1995 to 0.7% in 2024; export rank #42 → #34.

Loading world share and rank…

View share & rank table

World export and import share in percent, and world ranks, of Hungary per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.31%	0.33%	#42	#40
1996	0.32%	0.33%	#43	#42
1997	0.37%	0.40%	#40	#40
1998	0.45%	0.48%	#37	#40
1999	0.47%	0.50%	#36	#37
2000	0.48%	0.51%	#37	#37
2001	0.54%	0.55%	#37	#34
2002	0.56%	0.58%	#36	#33
2003	0.58%	0.64%	#37	#31
2004	0.58%	0.66%	#37	#31
2005	0.58%	0.62%	#37	#33
2006	0.59%	0.63%	#36	#32
2007	0.65%	0.66%	#36	#31
2008	0.62%	0.65%	#38	#32
2009	0.61%	0.61%	#35	#32
2010	0.60%	0.56%	#36	#34
2011	0.57%	0.55%	#39	#33
2012	0.52%	0.51%	#41	#34
2013	0.56%	0.54%	#39	#33
2014	0.59%	0.56%	#36	#33
2015	0.62%	0.56%	#35	#32
2016	0.65%	0.58%	#34	#33
2017	0.63%	0.58%	#35	#33
2018	0.63%	0.59%	#34	#33
2019	0.64%	0.61%	#33	#33
2020	0.67%	0.64%	#33	#32
2021	0.62%	0.63%	#34	#32
2022	0.58%	0.64%	#34	#32
2023	0.67%	0.64%	#34	#32
2024	0.66%	0.64%	#34	#32

30 rows

Trading partners

Germany was Hungary's top trading partner in 2024, at 22.9% of total trade; the top five partners covered 42.6%.

Year

Top partner share: 22.9%
Top-5 share: 42.6%
Partners: 213
Partner HHI (0–1): 0.077

Loading world basemap…

Germany $35.5B

United States $11.5B

Romania $9.0B

Italy $7.6B

Slovakia $6.8B

France $6.6B

Poland $6.5B

United Kingdom $6.4B

Czechia $5.4B

Austria $5.2B

Netherlands $4.2B

Spain $3.9B

China $3.2B

Russia $1.0B

South Korea $727M

View partner table

Top partners of Hungary in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Germany	$35,492 M	$32,777 M	$68,269 M	$2,715 M
#2	Slovakia	$6,781 M	$8,694 M	$15,475 M	−$1,912 M
#3	Poland	$6,482 M	$8,787 M	$15,270 M	−$2,305 M
#4	United States	$11,483 M	$2,835 M	$14,318 M	$8,649 M
#5	Austria	$5,245 M	$8,434 M	$13,679 M	−$3,190 M
#6	Czechia	$5,423 M	$8,246 M	$13,669 M	−$2,823 M
#7	China	$3,200 M	$10,364 M	$13,564 M	−$7,165 M
#8	Italy	$7,577 M	$5,810 M	$13,387 M	$1,768 M
#9	Romania	$9,003 M	$3,950 M	$12,953 M	$5,052 M
#10	Netherlands	$4,230 M	$7,144 M	$11,374 M	−$2,914 M
#11	France	$6,575 M	$4,435 M	$11,009 M	$2,140 M
#12	United Kingdom	$6,421 M	$1,548 M	$7,969 M	$4,874 M
#13	Russia	$1,043 M	$5,534 M	$6,577 M	−$4,490 M
#14	South Korea	$727 M	$5,805 M	$6,533 M	−$5,078 M
#15	Spain	$3,900 M	$2,417 M	$6,317 M	$1,483 M

15 rows

Products & sectors

Product composition of Hungary's trade in 2024.

Year

Loading product detail for 2024 (large file, fetched on demand)…

View product table

The product table loads with the product data for 2024.

Concentration & risk

Hungary's export partners diversified over 1995–2024 — HHI 0.126 → 0.081, a diversified export base across 203 partners in 2024.

Loading concentration trends…

View concentration table

Export and import partner HHI (0–1) and partner counts of Hungary per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.126	0.098	175	166
1996	0.126	0.098	175	158
1997	0.125	0.107	176	157
1998	0.140	0.109	171	165
1999	0.151	0.113	181	173
2000	0.132	0.096	186	177
2001	0.134	0.091	189	178
2002	0.130	0.088	185	182
2003	0.125	0.088	190	180
2004	0.108	0.106	189	172
2005	0.106	0.097	192	160
2006	0.100	0.096	197	163
2007	0.086	0.089	196	170
2008	0.083	0.088	194	157
2009	0.085	0.080	195	167
2010	0.080	0.080	195	157
2011	0.082	0.081	195	160
2012	0.084	0.083	196	164
2013	0.085	0.085	197	168
2014	0.095	0.090	202	166
2015	0.090	0.093	205	175
2016	0.090	0.098	202	175
2017	0.092	0.093	205	171
2018	0.090	0.090	203	177
2019	0.091	0.087	206	184
2020	0.092	0.086	205	187
2021	0.088	0.082	204	183
2022	0.080	0.077	206	189
2023	0.085	0.081	201	190
2024	0.081	0.080	203	190

30 rows

Downloads

The exact artifacts behind this page, as published: