Country export capability

Hungary
export capability

A reported view of Hungary's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

HUN1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$157.5B2024 reported value
Latest imports$145.4B2024 reported value
Trade balance$12.1BExports minus imports
Export growth+1.6%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Hungary export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Hungary recorded $157.5B in exports and $145.4B in imports. The resulting $12.1B trade balance gives the latest country-level position a clear context.

Exports changed +1.6% year on year and show a calculated +5.3% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

Germany received $37.7B in reported exports, representing 23.9% of the latest country total. Electrical machinery was the largest displayed HS2 export sector at $37.4B and 23.8% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Hungary's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$222.7B2024 macro context
GDP per capita$23.3KCurrent-dollar GDP
Population9.6MReported population
Labor force4.6KReported labor force
Investment rate26.1%National investment rate
Savings rate30.5%National savings rate
Trade openness175.3%Exports + imports / GDP
Exports / GDP91.2%Merchandise exports / GDP
Secondary education98.9%Education context
Tertiary education19.1%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Hungary
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
GermanyDEUWatch17.5%24.6%4%Volatile products account for the largest observed corridor exposure
SlovakiaSVKWatch31.5%21.8%2.3%Volatile products account for the largest observed corridor exposure
CroatiaHRVCritical attention36.6%20%4.6%Volatile products account for the largest observed corridor exposure
CzechiaCZEWatch25.7%23.8%2.6%Volatile products account for the largest observed corridor exposure
ChinaCHNWatch30%27.4%30.2%Volatile products account for the largest observed corridor exposure
SerbiaSRBCritical attention23.1%27.7%3.1%Buyer-market concentration is the largest observed corridor exposure
AustriaAUTWatch36.2%29.1%6.5%Buyer-market concentration is the largest observed corridor exposure
RomaniaROUWatch31.8%18.1%13.3%Volatile products account for the largest observed corridor exposure
BelgiumBELWatch42.6%33.2%4%Volatile products account for the largest observed corridor exposure
PolandPOLWatch22.4%17.5%7.8%Volatile products account for the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Hungary
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$119.1B0%Slowing -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.5B0%Declining +1.1%
3ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Growing +10.5%
4IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$72.8B0.1%Accelerating -0.5%
5ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Growing +20.6%
6ChinaHS6 710812 · Metals: gold, non-monetary, unwrought (but not powder)$80.8B$64.9B0%Declining +2.4%
7ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Growing +4%
8USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Accelerating -8.8%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Hungary.
All HS4 export lines2024 ranking
Top HS4 export lines for Hungary
RankHS4Parent HS2 sectorExportsShareActive HS6
18703HS4 detail codeVehicles (87) ↗$13.6B8.7%14
28708HS4 detail codeVehicles (87) ↗$10.5B6.7%14
38507HS4 detail codeElectrical machinery (85) ↗$7.4B4.7%7
43004HS4 detail codePharmaceutical products (30) ↗$7.1B4.5%12
58471HS4 detail codeMachinery (84) ↗$6.4B4.1%8
68517HS4 detail codeElectrical machinery (85) ↗$4.0B2.5%7
78407HS4 detail codeMachinery (84) ↗$3.6B2.3%8
88537HS4 detail codeElectrical machinery (85) ↗$3.1B1.9%2
93002HS4 detail codePharmaceutical products (30) ↗$3.0B1.9%8
108504HS4 detail codeElectrical machinery (85) ↗$2.9B1.8%11
118544HS4 detail codeElectrical machinery (85) ↗$2.7B1.7%8
128528HS4 detail codeElectrical machinery (85) ↗$2.4B1.5%9

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Hungary combines $157.5B in exports with a broad partner network.

In 2024, Hungary recorded $157.5B in reported exports and $145.4B in imports, producing a reported trade surplus of $12.1B. Exports changed +1.6% year on year and +5.3% annualized over three years. Electrical machinery (HS2 85) was the largest displayed export sector by value.

Destination network

Where Hungary exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Hungary
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1GermanyDEU$37.7B23.9%-5.9%+2.4%
2USA, Puerto Rico and US Virgin IslandsUSA$10.1B6.4%+19.5%+22.1%
3RomaniaROU$9.1B5.8%+8.3%+5.7%
4ItalyITA$8.2B5.2%-7.8%+2.4%
5SlovakiaSVK$7.6B4.8%+4.4%+9.5%
6PolandPOL$7.3B4.6%+14.5%+10.5%
7FranceFRA$6.6B4.2%+14.5%+8%
8United KingdomGBR$6.2B3.9%+7.4%+20.2%
9AustriaAUT$5.9B3.8%-1.5%-1.6%
10CzechiaCZE$5.5B3.5%-10.1%+0.3%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$101.9B
2014
$107.0B
2015
$97.5B
2016
$99.9B
2017
$108.6B
2018
$118.6B
2019
$117.4B
2020
$115.0B
2021
$135.0B
2022
$145.0B
2023
$155.1B
2024
$157.5B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets108Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners7Country context
Shared-language partners0Country context
Average partner distance6,493 kmCalculated average
Partners with FTA40%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share26.8%

Covered value under attention

Critical share2.6%

Covered value marked critical

Below historical peak22.2%

Distance below route peaks

FTA-covered exports80.6%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: High trade volatility.

Momentum score2.7

History-based indicator

Partner concentration825.6

Partner HHI

Product concentration93.1

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3HUN
Exports Usd$157.5B
Imports Usd$145.4B
Trade Balance Usd$12.1B
Yoy Exports Growth Pct1.6%
Yoy Imports Growth Pct0.5%
Exports Cagr 3y Pct5.3%
Imports Cagr 3y Pct2.8%
Export Partner Hhi825.6
Export Product Hhi93.1
Momentum Score2.7
Risk Score4.6
Gdp Million Usd222,722.74 million USD
Gdp Per Capita Usd$23.3K
Population9,562,065
Labor Force4,601.7
Investment Rate Pct26.1%
Savings Rate Pct30.5%
Secondary Education Pct98.9%
Tertiary Education Pct19.1%
Total Factor Productivity1,132.1
Trade Openness Pct175.3%
Exports Gdp Pct91.2%
Num Active Partners270
Num Fta Partners108
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners7
Num Shared Language Partners0
Avg Partner Distance Km6,493 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta40
Pct Partners Shared Language0
Pct Partners Shared Border3
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km6,501
Num Border Partners145
Num Colonial Partners25
Avg Substitution Elasticity-10.6
Pct Products High Elasticity75
Pct Products Low Elasticity3
Real Market Potential184,891.9
Foreign Market Potential19,098.4

Exposure fields

Country Iso3HUN
All History Lane Count36,753
Current Lane Count30,649
Critical Lane Count101
High Attention Lane Count3,625
High Volatility Lane Count18,791
Unrecovered Drawdown Lane Count13,506
Declining Demand Lane Count169
Concentrated Market Lane Count9,826
Access Friction Lane Count1,739
Buyer Macro Weakness Lane Count881
Monitored Exports Current Usd$151.8B
Attention Exports Usd$40.7B
Critical Exports Usd$4.0B
High Volatility Exports Usd$79.3B
Unrecovered Drawdown Exports Usd$26.5B
Non Fta Exports Usd$18.5B
Monitored Attention Share Pct26.8%
Monitored Critical Share Pct2.6%
Fta Covered Exports Share Pct80.6%
Export Weighted Volatility Cv1.2
Export Weighted Below Peak Pct22.2%
Export Weighted Distance Km2,069 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$157.5B
Total Imports Latest Usd$145.4B
Trade Balance Latest Usd$12.1B
Exports Yoy Latest Pct1.6%
Exports Cagr 3y Latest Pct5.3%
Gdp Latest Million Usd222,722.74 million USD
Gdp Per Capita Latest Usd$23.3K
Population Latest9,562,065
Investment Rate Latest Pct26.1%
Savings Rate Latest Pct30.5%
Trade Openness Latest Pct175.3%
Exports Gdp Latest Pct91.2%
Active Partners Latest270
Fta Partners Latest108
Foreign Market Potential Latest19,098.4
Gdp 5y Cagr Pct6.2%
Gdp Per Capita 5y Cagr Pct6.5%
Population 5y Cagr Pct-0.3%
Partner Hhi Latest825.6
Partner Top1 Share Latest Pct23.9%
Partner Top3 Share Latest Pct36.2%
Partner Hhi All Avg1,101.5
Partner Hhi All Max1,630.7
Product Hhi Latest93.1
Product Top1 Share Latest Pct4.5%
Product Top3 Share Latest Pct11.2%
Product Hhi All Avg126.4
Product Hhi All Max214
Total Exports Attention Share Pct25.8%
Total Exports Critical Share Pct2.5%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$13.2B$16.1B-$2.9BNot reportedNot reported
1996$14.3B$17.0B-$2.7B+8.2%Not reported
1997$18.6B$20.7B-$2.1B+30.3%Not reported
1998$22.4B$24.5B-$2.2B+20.1%+19.2%
1999$25.0B$26.7B-$1.7B+11.5%+20.4%
2000$28.3B$31.2B-$2.9B+13.2%+14.9%
2001$31.3B$32.5B-$1.2B+10.6%+11.8%
2002$34.0B$36.4B-$2.4B+8.6%+10.8%
2003$42.4B$46.6B-$4.2B+24.8%+14.5%
2004$53.3B$57.4B-$4.1B+25.7%+19.4%
2005$58.8B$62.4B-$3.6B+10.4%+20.1%
2006$70.1B$76.4B-$6.3B+19.2%+18.2%
2007$89.6B$93.6B-$4.0B+27.8%+18.9%
2008$102.4B$104.0B-$1.5B+14.4%+20.3%
2009$78.5B$73.2B$5.3B-23.3%+3.9%
2010$90.2B$85.0B$5.2B+14.9%+0.2%
2011$104.4B$98.4B$6.0B+15.7%+0.6%
2012$96.3B$91.0B$5.3B-7.7%+7%
2013$101.9B$97.1B$4.8B+5.8%+4.1%
2014$107.0B$101.7B$5.3B+5%+0.8%
2015$97.5B$88.7B$8.8B-8.9%+0.4%
2016$99.9B$89.4B$10.5B+2.4%-0.7%
2017$108.6B$100.4B$8.1B+8.7%+0.5%
2018$118.6B$112.8B$5.8B+9.3%+6.8%
2019$117.4B$112.3B$5.1B-1.1%+5.5%
2020$115.0B$108.1B$6.9B-2%+1.9%
2021$135.0B$133.9B$1.2B+17.4%+4.4%
2022$145.0B$152.3B-$7.3B+7.4%+7.3%
2023$155.1B$144.7B$10.4B+7%+10.5%
2024$157.5B$145.4B$12.1B+1.6%+5.3%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
185Electrical machinery$37.4B23.8%177262
287Vehicles$26.2B16.6%17187
384Machinery$24.6B15.6%183513
430Pharmaceutical products$11.5B7.3%15243
539Plastics$5.4B3.5%163129
690Optical and medical instruments$4.9B3.1%173142
727Mineral fuels$4.8B3.1%11742
840Rubber$3.2B2%16780
910Cereals$2.0B1.2%7526
1023Food industry residues$1.9B1.2%10523

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
18703Vehicles (87)$13.6B8.7%14
28708Vehicles (87)$10.5B6.7%14
38507Electrical machinery (85)$7.4B4.7%7
43004Pharmaceutical products (30)$7.1B4.5%12
58471Machinery (84)$6.4B4.1%8
68517Electrical machinery (85)$4.0B2.5%7
78407Machinery (84)$3.6B2.3%8
88537Electrical machinery (85)$3.1B1.9%2
93002Pharmaceutical products (30)$3.0B1.9%8
108504Electrical machinery (85)$2.9B1.8%11
118544Electrical machinery (85)$2.7B1.7%8
128528Electrical machinery (85)$2.4B1.5%9

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1GermanyDEU$37.7B23.9%-5.9%+2.4%
2USA, Puerto Rico and US Virgin IslandsUSA$10.1B6.4%+19.5%+22.1%
3RomaniaROU$9.1B5.8%+8.3%+5.7%
4ItalyITA$8.2B5.2%-7.8%+2.4%
5SlovakiaSVK$7.6B4.8%+4.4%+9.5%
6PolandPOL$7.3B4.6%+14.5%+10.5%
7FranceFRA$6.6B4.2%+14.5%+8%
8United KingdomGBR$6.2B3.9%+7.4%+20.2%
9AustriaAUT$5.9B3.8%-1.5%-1.6%
10CzechiaCZE$5.5B3.5%-10.1%+0.3%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Germany (DEU)Watch17.5%24.6%4%Volatile products account for the largest observed corridor exposure
2Slovakia (SVK)Watch31.5%21.8%2.3%Volatile products account for the largest observed corridor exposure
3Croatia (HRV)Critical attention36.6%20%4.6%Volatile products account for the largest observed corridor exposure
4Czechia (CZE)Watch25.7%23.8%2.6%Volatile products account for the largest observed corridor exposure
5China (CHN)Watch30%27.4%30.2%Volatile products account for the largest observed corridor exposure
6Serbia (SRB)Critical attention23.1%27.7%3.1%Buyer-market concentration is the largest observed corridor exposure
7Austria (AUT)Watch36.2%29.1%6.5%Buyer-market concentration is the largest observed corridor exposure
8Romania (ROU)Watch31.8%18.1%13.3%Volatile products account for the largest observed corridor exposure
9Belgium (BEL)Watch42.6%33.2%4%Volatile products account for the largest observed corridor exposure
10Poland (POL)Watch22.4%17.5%7.8%Volatile products account for the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Armenia (ARM)890392new$186.3K99.7%100
2Argentina (ARG)110900new$1.3M16.7%100
3Armenia (ARM)847410new$3.9M13.3%100
4Armenia (ARM)860719new$1.6M7.6%100
5Côte d\'Ivoire (CIV)730900new$12.5M1.8%100
6Belarus (BLR)381129new$1.0M11.7%100
7Bosnia and Herzegovina (BIH)870192new$9.7M2.7%100
8Bahrain (BHR)320890new$17.7M1.8%100
9Bulgaria (BGR)870240new$6.9M3%100
10Egypt (EGY)300331new$165.7K97.9%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$119.1B0%Slowing (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.5B0%Declining (+1.1%)
3China (CHN)854231$158.0B$93.1B0%Growing (+10.5%)
4India (IND)270900$130.1B$72.8B0.1%Accelerating (-0.5%)
5China (CHN)854232$80.6B$65.7B0%Growing (+20.6%)
6China (CHN)710812$80.8B$64.9B0%Declining (+2.4%)
7China (CHN)854239$81.8B$61.4B0%Growing (+4%)
8USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Accelerating (-8.8%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Hungary export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Hungary export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Hungary.

What is the latest reported export value for Hungary?

Hungary recorded $157.5B in reported exports in 2024.

Which markets receive the most exports from Hungary?

Germany leads by reported export value at $37.7B in 2024. Five destination lanes are highlighted.

Which sectors lead Hungary's exports?

Electrical machinery leads by reported value at $37.4B. Five HS2 chapters are highlighted.

How many years of Hungary trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.