Hungary Trade Profile '22

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Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services
Trade Profiles 2022

Hungary

Hungary MERCHANDISE TRADE

Agricultural Products

Non-Agricultural Products

GDP (million current US$, 2021) 184 577 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 17 213 Merchandise 35 33 Current account balance (% GDP, 2021) -0.9 excluding intra-EU trade -Trade per capita (US$, 2019-2021) 13 696 Commercial services 38 43 Trade (% GDP, 2019-2021) 79.6 excluding intra-EU trade -Value Million US$ 2021 141 921 141 973 2021 2021 0.64 0.63 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS1005 Maize (corn) 1 046 HS2309 Preparations of a kind used in animal feeding 418 HS2309 Preparations of a kind used in animal feeding 941 HS2106 Other food preparations 412 HS1512 Sunflower-seed,or cotton oil 703 HS1905 Bread, pastry, other bakers' wares 350 HS1001 Wheat and meslin 671 HS1806 Chocolate and other cocoa food 336 HS0207 Meat and edible offal of poultry 669 HS0203 Swine meat, fresh, chilled, frozen 309 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 12 660 5 5 15 Imports 8 441 6 3 15 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS8703 Motor cars for transport of persons 12 012 HS8708 Parts for motor vehicles 8701-8075 6 554 HS8708 Parts for motor vehicles 8701-8075 7 802 HS2716 Electrical energy 3 617 HS8507 Electric accumulators 4 511 HS8542 Electronic integrated circuits 3 553 HS8525 Radio-telephony transmission tools 3 941 HS2711 Petroleum gases 3 546 HS3004 Medicaments in measured doses 3 932 HS8525 Radio-telephony transmission tools 3 499 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 128 170 4 -2 18 Imports 129 752 5 -4 23 By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change
Merchandise exports, f.o.b. 4 -3 18 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 4 -4 22 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 5% 10% HS8703 HS8708 HS8507 HS8525 HS3004 Exports 0% 2% 4% 6% HS8708 HS2716 HS8542 HS2711 HS8525 Imports 0% 2% 4% 6% HS2309 HS2106 HS1905 HS1806 HS0203 Imports 0% 5% 10% HS1005 HS2309 HS1512 HS1001 HS0207 Exports Agricultural products: 9.2 Fuels and mining products: 3.7 Manufactures: 86.4 Other: 0.7 Agricultural products: 7.3 Fuels and mining products: 7.8 Manufactures: 84.3 Other: 0.6 European Union: 76.5 United Kingdom: 3.1 United States of America: 2.9 Ukraine: 2.3 Serbia: 1.9 Other: 13.1 European Union: 71.7 China: 7.1 Russian Federation: 3.1 Korea, Republic of: 3 United States of America: 2.1 Other: 13.1
166 World Trade Organization – Trade Profiles 2022

TRADE IN COMMERCIAL SERVICES

Value Million US$ 2021 25 944 20 018 2021 2021 0.43 0.36 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2019 Inward (million US$) 32 030 Outward (million US$) 3 105 Value Million US$ 2021 Exports 6 526 Imports 5 197 Exports Value Imports Value Share (%) By sea (2021) 132 By sea (2021) 289 5.6 By air (2021) 1 536 By air (2021) 1 109 21.3 By other (2021) 4 703 By other (2021) 3 612 69.5 Value Million US$ 2021 Exports 4 111 Imports 1 455 Million US$ Value 2021 Other commercial services Exports 12 826 Imports 12 526 2021 Goods-related services Exports 2 481 Imports 840 Residents Total Residents Total Residents Total 428 28 456 3 638 1 531 5 169 135 40 175 a Total services instead of commercial services. Travel exports (Index 2010=100) 3 -17 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) 27 4 -20 18 Annual percentage change Share (%) 2.0 23.5 72.1 2 9 -20 11 -4 29 2010-2019 2018 2019 Annual percentage change By main services item, % (2021) By main origin, % (2020) a -27 18 2 2010-2021 2020 14 Commercial services exports Commercial services imports 3 2021
By main services item, % (2021) By main destination, % (2020) a Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2021 2020 2021 5 -32 -3 -5 -56 28 -58 26 INDUSTRIAL PROPERTY 8 -14 21 10 -13 2 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 -8 13 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 9 6 4 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 2010 2014 2018 2021 Hungary World 0 100 200 2010 2014 2018 2021 Hungary World Transport: 25.2 Travel: 15.8 Other commercial services: 49.4 Goods-related services: 9.6 Transport: 26 Travel: 7.3 Other commercial services: 62.6 Goods-related services: 4.2 European Union: 64.4 United States of America: 8.8 United Kingdom: 8.6 Switzerland: 4.9 Japan: 1.4 Other: 11.8 European Union: 71.4 United States of America: 8.2 United Kingdom: 6.7 Switzerland: 2.6 China: 1.5 Other: 9.6 53.4 22.9 11.0 12.8 Other business services ICTs Intellectual property Other Hungary 167 World Trade Organization – Trade Profiles 2022

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