Hungary Trade Data
Hungary is located in Central Europe with a total land area of approximately 93,030km^2. It is referred to as a landlocked country and hence, surrounded by multiple countries like Austria, Croatia, Romania, Slovakia, and Ukraine. Hungary has dominance over exporting goods across the globe. It is one of the best countries that grabs the attention of FDI. Hungary has grown unconventionally in the mobile industry, hardware research, and IFS.
Hungary import data reveals that imports in Hungary were worth USD 110 billion for goods in the year 2020. The country stands at 14th rank in the world with regard to the complexity index. Whereas, in terms of GDP, the country stood at the 54th position.
As per Hungary import data, the country stood at the 33rd position out of 226 countries in total imports in the year 2020. Significant imports of Hungary as recorded in Hungary trade data are motor spare parts ($5.71B), four-wheelers especially cars ($4.02B), packed medicaments ($3B), integrated circuits ($2.9B), and telecommunication equipment ($2.7B).
The population of Hungary as of the year 2020 was 97.30 lakhs. Significant import accomplices of Hungary as unveiled by Hungary trade data are Germany ($27 billion), China ($8.5 billion) trailed by Poland ($6.5 billion), and then Czechia ($6.13 billion). Austria is also one of the biggest import partners of Hungary as mentioned in Hungary shipment data.
Hungary import data and Hungary trade data information that we provide to you is very useful and informative. Our data is totally based on updated and fresh shipping bills, invoices, and other important documentation needed for trading. The information and database we provide to you will surely help you with making perfect decisions with respect to selecting the potential market to measure profits and market risks. We collect reliable information from Hungary’s authorized ports, institutions, and other shipping companies. A variety of fields that are included in Hungary trade data are HS codes, and product descriptions including the quantity, units, and price of each product being shipped.
For your convenience and better understanding, we have enclosed a sample featuring statistical Hungary import data so that you can experience what the statistical Hungary import data with complete details looks like.
| HUNGARY IMPORT DATA | |||
| YEAR | 2022 | MONTH | JULY |
|---|---|---|---|
| TRADE TYPE | INTRA EU TRADE | REGIME | NORMAL TRADE |
| HS CODE | 05111000 | ||
| PRODUCT DESCRIPTION | BOVINE SEMEN | ||
| QUANTITY | 200 | UNIT | NOS |
| TOTAL VALUE IN EURO | 1211 | TOTAL VALUE IN USD | 1189 |
| ORIGIN COUNTRY | GREECE | DESTINATION COUNTRY | HUNGARY |
Hungary import data extracted from reliable authorities of Hungary is a type of statistical data that comes with an ample amount of information. You get to know everything starting with the HS codes, and the description of each HS code to the quantity and price of each product from this Hungary statistical import data. We provide reliable and accurate Hungary Shipment data to you which we gather from trusted sources like from country’s authorized ports, government bodies, and other trusted institutions and authorities.
We will conclude by stating that Hungary is one of the most developed countries in Europe and the rest of the world. Although the country is ranked more than 100 in terms of area but the ranking of Hungary in total imports is very decent and respectable. Hungary has also maintained its BoP very well. Hungarian market can be targeted without any doubt by any marketer.