1.  Overview the trade of HUNGARY in goods current year until 202109

According to Dalian Infobank, in 202109, HUNGARY's exports and imports of goods amounted to 24438.7830 million, and were up 5.26% comparing with the same period of last year. Among these, exports were down 3.45% at 11801.5233 million, and imports were up 14.94% at 12637.2597 million. And the corresponding trade deficit was 835.7364 million and down 168.02%.

During the current year until 202109, HUNGARY's total exports and imports of goods were 209616.8962 million and were up 24.28% comparing to the same period of last year. Among these, exports were 105030.2147 million and up 22.25%; imports were 104586.6815 million and up 26.39%. The total trade surplus was 443.5331 million and down 85.97%.

If considering by country (region), GERMANY, INTRA-EU, CHINA, ITALY, AUSTRIA were HUNGARY's top five trading partners. During the current year until 202109, HUNGARY's imports and exports to five countries/territories were 47482.6024 million, 18125.8000 million, 10081.0250 million, 9540.7923 million, 9528.9199 million. These values correspond to 22.65%, 8.65%, 4.81%, 4.55%, 4.55% of HUNGARY's imports and exports, and, respectively, were up 7.98%, 0, up 18.22%, up 21.99%, up 6.25% comparing to the same period of last year.

Current year until 202109, HUNGARY and the top five trade partners GERMANY, INTRA-EU, ITALY, ROMANIA, SLOVAKIA are the top five countries/territories that HUNGARY exports to in terms of the total export amount. During the current year until 202109, HUNGARY's exports to these five countries/territories were 25725.9419 million, 9298.3000 million, 5420.0456 million, 5026.3437 million, 4823.6321 million. These values correspond to 24.49%, 8.85%, 5.16%, 4.79%, 4.59% of HUNGARY's exports and, respectively, were up 6.43%, 0, up 22.42%, up 9.14%, up 4.47% comparing with the same period of last year.

Current year until 202109, HUNGARY's exports to top five countries/territories GERMANY, INTRA-EU, CHINA, AUSTRIA, POLAND are the top five countries/territories that HUNGARY imports from in terms of the total export amount. During the current year until 202109, HUNGARY's imports from these five countries/territories were 21756.6605 million, 8827.5000 million, 8621.9261 million, 5246.7781 million, 5172.7732 million. These values correspond to 20.80%, 8.44%, 8.24%, 5.02%, 4.95% of HUNGARY's total imports and, respectively, were up 9.86%, 0, up 17.83%, up 5.41%, up 10.06% comparing with the same period of last year.

During the current year until 202109, the trade surplus of HUNGARY was mainly from GERMANY, ROMANIA, UNITED KINGDOM, ITALY, UNITED STATES at 3969.2813 million, 2394.4073 million, 1882.4774 million, 1299.2989 million, 1160.1277 million, and down 9.11%, up 0.16%, up 37.07%, up 25.69%, up 26.49%. And the trade deficits were mainly from CHINA, SOUTH KOREA, RUSSIA, NETHERLANDS, POLAND at 7162.8271 million, 3426.7329 million, 2108.8680 million, 1409.7476 million, 1073.4931 million, and up 17.29%, up 25.75%, up 303.17%, up 36.66%, down 4.85%.

Current year until 202109, HUNGARY's trade surplus or deficit with top five countries/territories During the current year until 202109,  commodities with hs2 codes, 85, 84, 87, 99, 27, were HUNGARY's top five traded commodities. They correspond to the import and export values of 44757.8131 million, 29151.6092 million, 22815.5154 million, 19255.2435 million, 10528.5003 million, which were up 16.58%, up 10.02%, up 10.83%, up 2072.51%, up 51.80% comparing with the same period of last year and account for 21.35%, 13.91%, 10.88%, 9.19%, 5.02% of HUNGARY's total imports and exports.

During the current year until 202109, 85, 84, 87, 99, 30 were HUNGARY's top five traded commodities, with total import and export values of 23446.1398 million, 14350.0812 million, 13651.6803 million, 10093.9368 million, 5242.4314 million. These values correspond to 22.32%, 13.66%, 13.00%, 9.61%, 4.99% of HUNGARY's total exports and, respectively, were up 13.72%, up 4.87%, up 8.82%, up 1782.46%, down 7.29% comparing to the same period of last year.

During the current year until 202109, 85, 84, 87, 99, 27 were HUNGARY's top five traded commodities, with total import values of 21311.6733 million, 14801.5280 million, 9163.8351 million, 9161.3067 million, 7291.3231 million. These values correspond to 20.38%, 14.15%, 8.76%, 8.76%, 6.97% of HUNGARY's total exports and, respectively, were up 19.90%, up 15.52%, up 13.98%, up 2516.74%, up 55.44% comparing to the same period of last year.

2. Current year until 202109, HUNGARY binational trade profile

According to Dalian Infobank, during the current year until 202109, HUNGARY-China binational exports and imports of goods amounted to 10081.0250 million and were up 18.22% comparing with the same period of last year. Among these, exports from HUNGARY to China were 1459.0990 million and up 20.56%, imports from China to HUNGARY were 8621.9261 million and up 17.83%. The total binational trade deficit was 7162.8271 million and up 17.29%.

During the urrent year until 202109, commodities with hs2 code, 85, 84, 90, 87, 39, were binational trade's top five traded commodities. They correspond to import and export values of 4791.4771 million, 1921.1963 million, 410.8267 million, 281.4844 million, 266.5942 million and makes up 47.53%, 19.06%, 4.08%, 2.79%, 2.64% of the total binational imports and exports. These values were also up 42.91%, up 21.15%, down 63.92%, up 48.34%, up 51.88% comparing to the same period last year.

During the current year until 202109, 85, 84, 90, 30, 87 were the top five traded commodities exported to China from HUNGARY, with export values of 444.3509 million, 326.4186 million, 91.9242 million, 77.7758 million, 53.2790 million. These values account for 30.45%, 22.37%, 6.30%, 5.33%, 3.65% of HUNGARY's total exports and were up 28.51%, up 25.53%, up 7.62%, down 4.76%, up 9.67% comparing to the same period of last year.

During the current year until 202109, 85, 84, 90, 39, 87 were HUNGARY's top five traded commodities importing from China , with import values of 4347.1262 million, 1594.7777 million, 318.9025 million, 237.9109 million, 228.2054 million. These values account for 50.42%, 18.50%, 3.70%, 2.76%, 2.65% of HUNGARY's total imports and were up 44.56%, up 20.29%, down 69.72%, up 58.81%, up 61.65% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat