Hungary Exports Data - Global Customs Data | Tendata

tendata blogTrade Data

ten data blog22-11-2023

hungary exports,hungary export,hungary export data

Hungary exported products worth $149.6 billion globally in 2022. This export value represents a 6% year-on-year increase compared to the $141.2 billion in 2021.

Hungary's Most Valuable Export Customers

The latest country-specific data shows that Hungarian exports are mainly purchased by importers from Germany (25.2% of Hungary's total), Italy (5.7%), Romania (5.3%), Slovakia (5.1%), Austria (4.5%), Poland (4.3%), France (4.23%), the Czech Republic (4.15%), the Netherlands (3.6%), the United States (3.6%), and the United States (3.6%), the United States (3.5%), the United Kingdom (3.2%) and Spain (2.6%).

Hungary's Top 10 Export Products

1. Motors, equipment: $37.5 billion (25.1% of total exports)

2. Vehicles: 21.9 billion dollars (14.7%)

3. Machinery including computers: 21.6 billion dollars (14.4%)

4. Pharmaceuticals: $7 billion (4.7%)

5. Fossil fuels including oil: $6.5 billion (4.3%)

6. Plastics, plastic products: $6 billion (4%)

7. Optical, technical, medical equipment: $4.1 billion (2.8%)

8. Rubber, rubber products: $3.1 billion (2%)

9. Iron and steel: $2.2 billion (1.5%)

10. Iron and steel products: $2.1 billion (1.4%)

Hungary's top ten exports accounted for about three-quarters (74.9%) of the total value of its global exports.

Fossil fuels, including oil, are the fastest growing of the top ten export categories, increasing by 43.6% from 2021 to 2022. This product category is driven by increased revenues from Hungary's exports of electricity and refined petroleum. The second highest growth in export sales was in electrical machinery and equipment, which increased by 7.7%. Hungary's exports of iron and steel products grew third fastest, by 7.4%.

The biggest fall in Hungary's top ten export categories was plastics, both materials and plastic products, down -6.1% year-on-year.

Drilling down to the more detailed four-digit HS code level, Hungary's most valuable export product was automobiles (8.1% of the European country's total exports). This was followed by automotive parts or accessories (5.2%), storage batteries (5%), computers including optical readers (3.2%), dose-mixing medicines (2.7%), telephony equipment including smartphones (2.6%), electrical energy (2.3%), TV receivers, monitors and projectors (2.1%), piston engines (2%) and then insulated wires or cables (1.8%).

How Shanghai Tendata Empowers Growth with Foreign Trade Big Data?

Tendata iTrader is a versatile foreign trade application tool and a great asset for professionals in the international trade industry.

(1) Real-time Access to Comprehensive Global Data: Tendata iTrader offers real-time access to customs data from 91 countries, customs code inquiries, and an extensive collection of foreign trade supply chain data, import-export statistics, and international company data. Companies can freely select the foreign trade databases corresponding to their trade regions and use nine different search methods to tailor their data queries based on single or multiple criteria. The search results can generate 19 types of market reports, and users can perform online comparative analyses as well. (>>> Click to use The Data Online for Free)

(2) Detailed Transaction Records from 91 Countries: Tendata's data system automatically integrates millions of accurate buyer information, detailed transaction data from 91 countries, and competitor details. It intelligently generates various data analysis reports, empowering companies to analyze competitors, maintain relationships with new and existing customers, and stay up-to-date with real-time international trade information. How is Shanghai Tendata performing?(>>> Click for Free Demo)

(3) Internet Search of Email Addresses in 153 Countries: With Tendata's proprietary web crawling technology, companies can access and validate email addresses in 153 countries, making mass email campaigns worry-free. Potential customers are automatically categorized by level, allowing users to find decision-makers within a minute. Choose from various email templates with unlimited sending capabilities. Tendata's data effectiveness is quite impressive. (>>> Click for More Details)

tendata,tendata itrader,tendata shanghai

Leave Message for Demo Request or Questions

We always appreciate your visit at We'd love to hear your suggestions, feedback & queries. Please contact us to schedule a demo or learn more about our services. We will respond to your query within 1 working day.
  • Full company name please

  • 输入您的手机号

  • 输入您的邮箱

  • Fill in the code please

More Popular Blogs

These related articles may also be of interest to you

Geting Price

Global Trade Data Leader
Get Pricing
Free Demo
'Target Customer
'Acquisition & Intelligent
'Global Trade Marketing Intelligent
'Decision-Making SaaS Platform

Welcome Tendata · iTrader

Please fill in the infos to get free demo

  • *

    Enter your name please

  • *

    Full company name please

  • *


  • *


  • *


  • Read and agree to Service Agreement and Privacy Policy