Export Data

Hungary Import Data

An essential component of the EU's integrated supply chain is Hungary, a thriving Central European economy. Its thriving electronics, automotive, and industrial industries mostly depend on imported high-tech parts and raw materials. The capital, Budapest, serves as the primary center for trade and logistics. As per Hungary import data, Hungary, a major importer in Europe with a population of 9.6 million and a GDP of around USD 205 billion, is expected to import approximately USD 150 billion in 2024.

As per Hungary customs data, Hungary’s top imports fuel its role as an electronics and automotive manufacturing hub. Semiconductors, cars, and fuels top the list, supporting industrial production and exports.

36

Hungary ranks around 36th globally by total import value.

0.7%

The country accounts for about 0.7% of worldwide imports.

Germany

Germany is Hungary’s largest supplier, providing machinery, vehicles, and high-tech equipment.

Electronic Integrated Circuits

Hungary’s advanced electronics sector makes chips and circuits its leading imports.

Top 10 Import Products of Hungary

As per Hungary customs import data, Hungary's industrial prowess in heavy machinery, electronics, and autos is reflected in its top imports. Its import flow is driven by automobiles, refined fuels, and semiconductors.

Electronic Integrated Circuits (HS 8542): USD 19.5 Billion — 13.0%
Cars (HS 8703): USD 16.5 Billion — 11.0%
Refined Petroleum (HS 2710): USD 15.0 Billion — 10.0%
Industrial Machinery (HS 8479): USD 12.0 Billion — 8.0%
Parts for Motor Vehicles (HS 8708): USD 10.5 Billion — 7.0%
Medicaments (Packaged) (HS 3004): USD 9.0 Billion — 6.0%
Telecommunications Equipment (HS 8517): USD 7.5 Billion — 5.0%
Plastics & Articles (HS 3901): USD 6.0 Billion — 4.0%
Crude Petroleum (HS 2709): USD 4.5 Billion — 3.0%
Iron & Steel (HS 7208): USD 4.5 Billion — 3.0%

Top 10 Import Trading Partners of Hungary

As per Hungary shipments data, The majority of Hungary's main suppliers are from Europe, with Germany taking the lead because of their common supply chains and extensive industrial integration.

Germany: 25.0% — USD 37.5 Billion
China: 14.0% — USD 21.0 Billion
Austria: 9.0% — USD 13.5 Billion
Poland: 8.0% — USD 12.0 Billion
Slovakia: 7.0% — USD 10.5 Billion
Netherlands: 6.0% — USD 9.0 Billion
Czech Republic: 5.0% — USD 7.5 Billion
Italy: 4.0% — USD 6.0 Billion
South Korea: 3.5% — USD 5.3 Billion
France: 3.0% — USD 4.5 Billion

What Details Contain In Hungary Import Data?

Every shipment arriving by land, air, or sea is included in Hungary’s statistical import data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Hungary import sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Hungary’s import statistics. Usually, the statistical dataset consists of:

Date
HS Code
HS Code Description
Total Value in USD
FOB Value
Quantity
Weight
Way of Transport
Destination Country
Import Country
Port of Loading
Port of Unloading

Benefits of Hungary Import data in your business

Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Hungary's import statistical data.
Investigate International Markets: Examine Hungary’s purchasing trends to identify potential import markets for your goods.
Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
Competitor insights: Keep tabs on where and how rivals obtain their goods.