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Hungary
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Top Exports
As of 2023, Hungary's merchandise exports totaled approximately **\$160.8 billion**, reflecting a diverse and technologically advanced export economy. | Rank | Product Category | Export Value (USD) | Share of Total Exports | | ---- | ---------------------------------------------------------------- | ------------------ | ---------------------- | | 1 | **Electrical machinery and equipment** | \$42.4 billion | 26.4% | | 2 | **Vehicles** | \$25.1 billion | 15.6% | | 3 | **Machinery including computers** | \$23.2 billion | 14.4% | | 4 | **Pharmaceutical products** | \$9.3 billion | 5.8% | | 5 | **Plastics and plastic articles** | \$5.43 billion | 3.4% | | 6 | **Mineral fuels including oil** | \$5.36 billion | 3.3% | | 7 | **Optical, technical, and medical apparatus** | \$4.4 billion | 2.8% | | 8 | **Rubber and rubber articles** | \$3.2 billion | 2.0% | | 9 | **Articles of iron or steel** | \$2.02 billion | 1.3% | | 10 | **Furniture, bedding, lighting, signs, prefabricated buildings** | \$1.99 billion | 1.2% | | 11 | **Motor cars and other motor vehicles** | \$15.5 billion | 9.86% | | 12 | **Electric accumulators (batteries)** | \$11.2 billion | 7.14% | | 13 | **Parts and accessories for motor vehicles** | \$9.67 billion | 6.12% | | 14 | **Automatic data processing machines (computers)** | \$4.74 billion | 3.0% | | 15 | **Medicaments in measured doses** | \$4.64 billion | 2.93% | | 16 | **Telecommunication equipment** | \$4.53 billion | 2.86% | | 17 | **Spark-ignition internal combustion piston engines** | \$3.73 billion | 2.36% | | 18 | **Insulated wire and cable** | \$2.99 billion | 1.89% | | 19 | **Electrical control and distribution boards** | \$2.68 billion | 1.69% | | 20 | **Monitors and projectors** | \$2.5 billion | 1.58% | Top Export Destinations **Germany**: \$41 billion (26% of total exports) **Italy**: \$9.11 billion (5.76%) **Romania**: \$8.36 billion (5.29%) **Slovakia**: \$7.9 billion (4.99%) **Poland**: \$7.22 billion (4.56%) **Czech Republic**: \$7.1 billion (4.49%) **France**: \$6.61 billion (4.18%) **Austria**: \$6.33 billion (4%) **United States**: \$5.93 billion (3.75%) **United Kingdom**: \$5.6 billion (3.54%) These figures highlight Hungary's strong trade relationships, particularly with countries in the European Union. The country's export economy is characterized by a heavy reliance on high-tech and industrial products, with electrical machinery and vehicles being the most significant contributors.
