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Trade between Austria and Hungary

In 2024, Austria exported $8.4 billion to Hungary and imported $5.2 billion. Austria ran a surplus of $3.2 billion with Hungary, compared with a surplus of $1.6 billion in 2019. Hungary was Austria’s 7th largest trading partner (3% of its trade), and Austria was Hungary’s 5th (5%).

Summary

Austria → Hungary
$8.4billion
Hungary → Austria
$5.2billion
Austria’s balance
$3.2billion

Balance

Austria’s trade balance with Hungary

Trade between Austria and Hungary grew 4.4-fold since 1995

USD billions (current). Austria’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 8.4
  • Imports 5.2
  • Balance +3.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.7 billion$1.4 billion$377 million
1996$1.6 billion$1.8 billion-$211 million
1997$2.4 billion$2.1 billion$308 million
1998$2.6 billion$2.4 billion$237 million
1999$2.6 billion$2 billion$562 million
2000$2.6 billion$2.5 billion$41 million
2001$2.7 billion$2.4 billion$230 million
2002$2.8 billion$2.5 billion$306 million
2003$3.2 billion$3.2 billion$40 million
2004$5.1 billion$3.6 billion$1.5 billion
2005$4.1 billion$3.3 billion$891 million
2006$4.4 billion$3.4 billion$1 billion
2007$5.2 billion$4.1 billion$1.1 billion
2008$6.1 billion$4.9 billion$1.2 billion
2009$4.4 billion$3.4 billion$961 million
2010$5 billion$4.3 billion$657 million
2011$6 billion$5.4 billion$601 million
2012$6.2 billion$5.2 billion$995 million
2013$5.9 billion$5.2 billion$753 million
2014$6.9 billion$5.4 billion$1.4 billion
2015$5.8 billion$4.2 billion$1.5 billion
2016$5.7 billion$4.3 billion$1.4 billion
2017$6 billion$4.8 billion$1.2 billion
2018$6.6 billion$5.3 billion$1.3 billion
2019$6.7 billion$5.1 billion$1.6 billion
2020$6.1 billion$4.7 billion$1.4 billion
2021$8.1 billion$5.8 billion$2.3 billion
2022$10.8 billion$5.8 billion$5 billion
2023$8.8 billion$5.5 billion$3.3 billion
2024$8.4 billion$5.2 billion$3.2 billion

What they sell each other

What Austria sells to Hungary

The top 10 headings in 2024, with their share of the total.

  1. Electricity$1.2 billion · 14.6%
    Austria’s destinations
  2. Refined petroleum$849 million · 10.1%
    868 thousand tonnes · Austria’s destinations
  3. Auto parts$513 million · 6.1%
    31 thousand tonnes · Austria’s destinations
  4. Cars$376 million · 4.5%
    16 thousand tonnes · Austria’s destinations
  5. Cables and wire$197 million · 2.3%
    17 thousand tonnes · Hungary’s sources
  6. 1 thousand tonnes · Austria’s destinations
  7. Natural gas and LPG$154 million · 1.8%
    239 thousand tonnes
  8. Other plastic articles$130 million · 1.5%
    10 thousand tonnes
  9. Medical and dental instruments$108 million · 1.3%
    5 thousand tonnes
  10. Computers$106 million · 1.3%
    3 thousand tonnes · Hungary’s sources

What Hungary sells to Austria

The top 10 headings in 2024, with their share of the total.

  1. Cars$240 million · 4.6%
    18 thousand tonnes · Hungary’s destinations
  2. Auto parts$207 million · 4%
    23 thousand tonnes · Hungary’s destinations
  3. Cables and wire$157 million · 3%
    14 thousand tonnes · Hungary’s destinations
  4. Wheat$118 million · 2.3%
    613 thousand tonnes
  5. Batteries$105 million · 2%
    3 thousand tonnes · Hungary’s destinations
  6. Rapeseed (canola)$102 million · 1.9%
    220 thousand tonnes
  7. Uncoated narrow steel strip$98 million · 1.9%
    120 thousand tonnes
  8. 4 thousand tonnes · Austria’s sources
  9. 501 tonnes
  10. Computers$88 million · 1.7%
    703 tonnes · Hungary’s destinations

How it travels

Austria and Hungary traded $13.7 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.

Split by transport mode

  1. Land$13.7 billion · 100%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Hungary was Austria’s 7th largest trading partner (3% of its trade), and Austria was Hungary’s 5th (5%).

Hungary in Austria’s trade
3.5%
Hungary’s rank among Austria’s partners
7th
Austria in Hungary’s trade
4.6%
Austria’s rank among Hungary’s partners
5th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.