# MNG to Hungary HS 847990 new corridor signal

This page reviews a reported new-corridor signal for machines and mechanical appliances: parts, of those having individual functions. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 44/100
- Reported period: 2024
- Buyer market imports: $307.6M
- Buyer market growth: +12.2%
- Current exporter share: 0.0%
- Share gap: 43.9%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $307.6M
- Three-year buyer-import projection: $392.1M
- Supplier countries observed: 61
- Average buyer imports: $138.2M
- Historical buyer-import peak: $307.6M
- Full-history buyer-import CAGR: +8.4%
- Latest buyer-import annual change: +12.2%

## Competition landscape

- Top supplier: Germany
- Top supplier share: 43.9%
- Market concentration: 2,230
- Exporter share: 0.0%
- Share gap to peer benchmark: 43.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,193 km
- Trade agreement: Not reported
- Business entry time: 7 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $18.8K
- GDP per-person growth: +5.8%
- Population: 9,710k
- GDP: $182.3B
- GDP five-year CAGR: Not reported
- Investment rate: 26.1%
- Savings rate: 30.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $160.2 | +0.0% |

## Broader route context

Broader MNG to Hungary route exports provide route context only; they are not presented as HS 847990 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1996 | $5.8K | +0.0% |
| 1997 | $41.1K | +613.1% |
| 1998 | $1.4K | -96.6% |
| 1999 | $9.5K | +579.0% |
| 2000 | $32.2K | +240.4% |
| 2001 | $5.6K | -82.8% |
| 2002 | $0.0 | -100.0% |
| 2003 | $15.9K | +48101826.1% |
| 2004 | $193.2K | +1113.4% |
| 2005 | $589.0K | +204.8% |
| 2006 | $63.4K | -89.2% |
| 2007 | $61.2K | -3.5% |
| 2008 | $45.4K | -25.8% |
| 2009 | $31.2K | -31.3% |
| 2010 | $53.5K | +71.6% |
| 2011 | $77.8K | +45.4% |
| 2012 | $20.1K | -74.1% |
| 2013 | $22.5K | +11.5% |
| 2014 | $38.5K | +71.3% |
| 2015 | $110.4K | +187.0% |
| 2016 | $131.3K | +18.9% |
| 2017 | $144.1K | +9.8% |
| 2018 | $547.4K | +279.8% |
| 2019 | $103.2K | -81.1% |
| 2020 | $59.8K | -42.0% |
| 2021 | $262.8K | +339.2% |
| 2022 | $83.9K | -68.1% |
| 2023 | $88.6K | +5.6% |
| 2024 | $36.8K | -58.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| MNG to Germany | HS 300215 | New corridor | $14.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-deu-300215) |
| MNG to Japan | HS 854231 | New corridor | $8.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-jpn-854231) |
| MNG to Germany | HS 293499 | New corridor | $5.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-deu-293499) |
| MNG to Canada | HS 850760 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-can-850760) |
| MNG to France | HS 190590 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-fra-190590) |
| MNG to NLD | HS 730890 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-nld-730890) |
| MNG to GBR | HS 330300 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-gbr-330300) |
| MNG to Germany | HS 847141 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mng-deu-847141) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.