1.  Overview the trade of HUNGARY in goods current year until 202209

According to Dalian Infobank, in 202209, HUNGARY's exports and imports of goods amounted to 27838.9320 million, and were up 11.69% comparing with the same period of last year. Among these, exports were up 6.85% at 13106.5362 million, and imports were up 16.39% at 14732.3958 million. And the corresponding trade deficit was 1625.8596 million and up 315.84%.

During the current year until 202209, HUNGARY's total exports and imports of goods were 234827.1655 million and were up 11.36% comparing to the same period of last year. Among these, exports were 112788.1872 million and up 6.63%; imports were 122038.9783 million and up 16.11%. The total trade deficit was 9250.7912 million and down 1485.56%.

If considering by country (region), GERMANY, INTRA-EU, AUSTRIA, SLOVAKIA, CHINA were HUNGARY's top five trading partners. During the current year until 202209, HUNGARY's imports and exports to five countries/territories were 46675.6097 million, 20105.1200 million, 12643.7246 million, 12227.7617 million, 10646.2454 million. These values correspond to 19.88%, 8.56%, 5.38%, 5.21%, 4.53% of HUNGARY's imports and exports, and, respectively, were down 12.42%, 0, up 15.66%, up 11.93%, up 5.22% comparing to the same period of last year.

Current year until 202209, 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 202209, HUNGARY's exports to these five countries/territories were 24885.6139 million, 10498.2400 million, 5717.8221 million, 5412.5267 million, 4990.1138 million. These values correspond to 22.06%, 9.31%, 5.07%, 4.80%, 4.42% of HUNGARY's exports and, respectively, were down 13.77%, 0, down 7.11%, down 5.41%, down 8.75% comparing with the same period of last year.

Current year until 202209, HUNGARY's exports to top five countries/territories GERMANY, INTRA-EU, CHINA, AUSTRIA, RUSSIA are the top five countries/territories that HUNGARY imports from in terms of the total export amount. During the current year until 202209, HUNGARY's imports from these five countries/territories were 21789.9958 million, 9606.8800 million, 9315.6758 million, 7925.2579 million, 7706.6239 million. These values correspond to 17.85%, 7.87%, 7.63%, 6.49%, 6.31% of HUNGARY's total imports and, respectively, were down 10.83%, 0, up 7.90%, up 31.37%, up 110.55% comparing with the same period of last year.

During the current year until 202209, the trade surplus of HUNGARY was mainly from GERMANY, CROATIA, UNITED KINGDOM, ROMANIA, UNITED STATES at 3095.6181 million, 2103.7719 million, 2034.1522 million, 1978.8942 million, 1864.4705 million, and down 30.00%, up 127.41%, down 4.72%, down 26.03%, up 45.51%. And the trade deficits were mainly from CHINA, RUSSIA, SOUTH KOREA, AUSTRIA, SLOVAKIA at 7985.1063 million, 6738.0586 million, 3839.2197 million, 3206.7912 million, 2247.5342 million, and up 11.69%, up 221.04%, up 12.03%, up 182.78%, down 18262.08%.

Current year until 202209, HUNGARY's trade surplus or deficit with top five countries/territories During the current year until 202209,  commodities with hs2 codes, 85, 84, 27, 87, 99, were HUNGARY's top five traded commodities. They correspond to the import and export values of 46916.6732 million, 28951.4304 million, 23747.3568 million, 22635.9089 million, 21078.5615 million, which were down 3.90%, down 7.83%, up 101.63%, down 9.76%, up 1625.40% comparing with the same period of last year and account for 19.98%, 12.33%, 10.11%, 9.64%, 8.98% of HUNGARY's total imports and exports.

During the current year until 202209, 85, 84, 87, 99, 27 were HUNGARY's top five traded commodities, with total import and export values of 24932.3672 million, 14541.8471 million, 13189.5181 million, 11263.1592 million, 5940.2802 million. These values correspond to 22.11%, 12.89%, 11.69%, 9.99%, 5.27% of HUNGARY's total exports and, respectively, were down 4.03%, down 6.86%, down 12.24%, up 1266.30%, up 71.30% comparing to the same period of last year.

During the current year until 202209, 85, 27, 84, 99, 87 were HUNGARY's top five traded commodities, with total import values of 21984.3060 million, 17807.0766 million, 14409.5833 million, 9815.4023 million, 9446.3907 million. These values correspond to 18.01%, 14.59%, 11.81%, 8.04%, 7.74% of HUNGARY's total exports and, respectively, were down 3.75%, up 114.28%, down 8.78%, up 2370.50%, down 6.06% comparing to the same period of last year.

2. Current year until 202209, HUNGARY binational trade profile

According to Dalian Infobank, during the current year until 202209, HUNGARY-China binational exports and imports of goods amounted to 10646.2454 million and were up 5.22% comparing with the same period of last year. Among these, exports from HUNGARY to China were 1330.5695 million and down 10.36%, imports from China to HUNGARY were 9315.6758 million and up 7.90%. The total binational trade deficit was 7985.1063 million and up 11.69%.

During the urrent year until 202209, commodities with hs2 code, 85, 84, 90, 87, 38, were binational trade's top five traded commodities. They correspond to import and export values of 4833.8713 million, 1918.2772 million, 433.5028 million, 333.0602 million, 316.9859 million and makes up 45.40%, 18.02%, 4.07%, 3.13%, 2.98% of the total binational imports and exports. These values were also up 0.33%, down 0.37%, up 5.29%, up 18.31%, up 77.60% comparing to the same period last year.

During the current year until 202209, 85, 84, 90, 30, 96 were the top five traded commodities exported to China from HUNGARY, with export values of 348.7718 million, 287.7408 million, 96.3084 million, 74.9990 million, 64.8215 million. These values account for 26.21%, 21.63%, 7.24%, 5.64%, 4.87% of HUNGARY's total exports and were down 24.37%, down 13.67%, up 4.61%, down 3.57%, up 22.06% comparing to the same period of last year.

During the current year until 202209, 85, 84, 90, 38, 87 were HUNGARY's top five traded commodities importing from China , with import values of 4485.0994 million, 1630.5363 million, 337.1945 million, 299.2141 million, 281.7792 million. These values account for 48.15%, 17.50%, 3.62%, 3.21%, 3.02% of HUNGARY's total imports and were up 2.94%, up 2.41%, up 5.49%, up 81.60%, up 23.44% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat