globaltraffic.earth

Trade between Belgium and Hungary

In 2024, Belgium exported $3.4 billion to Hungary and imported $2.7 billion. Belgium ran a surplus of $644 million with Hungary, compared with a deficit of $16 million in 2019. Hungary was Belgium’s 19th largest trading partner (0.8% of its trade), and Belgium was Hungary’s 16th (2%).

Summary

Belgium → Hungary
$3.4billion
Hungary → Belgium
$2.7billion
Belgium’s balance
$644million

Balance

Belgium’s trade balance with Hungary

Trade between Belgium and Hungary grew 7.1-fold since 1995

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

  • Exports 3.4
  • Imports 2.7
  • Balance +0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$419 million$446 million-$27 million
1996$449 million$468 million-$19 million
1997$569 million$530 million$39 million
1998$743 million$735 million$8 million
1999$787 million$1 billion-$231 million
2000$740 million$1.1 billion-$409 million
2001$803 million$1.5 billion-$695 million
2002$846 million$1.3 billion-$499 million
2003$924 million$1.3 billion-$376 million
2004$1.2 billion$1.2 billion$55 million
2005$1.4 billion$1.3 billion$95 million
2006$1.5 billion$1.6 billion-$71 million
2007$1.8 billion$1.8 billion$4 million
2008$2.3 billion$2.1 billion$194 million
2009$1.7 billion$1.5 billion$211 million
2010$1.7 billion$1.5 billion$233 million
2011$2 billion$1.7 billion$316 million
2012$1.9 billion$1.6 billion$344 million
2013$2.1 billion$1.6 billion$454 million
2014$2.2 billion$1.8 billion$358 million
2015$2 billion$1.8 billion$165 million
2016$2 billion$1.8 billion$267 million
2017$2.1 billion$1.9 billion$150 million
2018$2.6 billion$2.3 billion$309 million
2019$2.6 billion$2.6 billion-$16 million
2020$2.4 billion$2.7 billion-$237 million
2021$3 billion$2.8 billion$215 million
2022$3 billion$3.1 billion-$149 million
2023$3 billion$3.9 billion-$859 million
2024$3.4 billion$2.7 billion$644 million

What they sell each other

What Belgium sells to Hungary

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

  1. Medicines in measured doses or retail packs$502 million · 14.9%
    5 thousand tonnes · Belgium’s destinations
  2. Vaccines, blood and antisera$257 million · 7.6%
    442 tonnes · Belgium’s destinations
  3. Microchips$123 million · 3.6%
    524 tonnes · Belgium’s destinations
  4. Cars$107 million · 3.2%
    9 thousand tonnes · Belgium’s destinations
  5. Printed circuit boards$106 million · 3.1%
    1 thousand tonnes
  6. New tires$95 million · 2.8%
    6 thousand tonnes
  7. Aluminum sheet$78 million · 2.3%
    21 thousand tonnes
  8. Auto parts$61 million · 1.8%
    5 thousand tonnes · Belgium’s destinations
  9. Polyethers, polyesters and epoxy resins$59 million · 1.8%
    32 thousand tonnes
  10. T-shirts$55 million · 1.6%
    5 thousand tonnes

What Hungary sells to Belgium

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

  1. Batteries$378 million · 13.8%
    9 thousand tonnes · Hungary’s destinations
  2. Cars$269 million · 9.9%
    14 thousand tonnes · Hungary’s destinations
  3. Auto parts$196 million · 7.2%
    23 thousand tonnes · Hungary’s destinations
  4. Cables and wire$129 million · 4.7%
    3 thousand tonnes · Hungary’s destinations
  5. Electric motors and generators$114 million · 4.2%
    6 thousand tonnes
  6. Trucks$101 million · 3.7%
    6 thousand tonnes · Belgium’s sources
  7. Isocyanates and other nitrogen compounds$95 million · 3.5%
    43 thousand tonnes
  8. Other industrial machines$69 million · 2.5%
    2 thousand tonnes
  9. Bags, suitcases and cases$58 million · 2.1%
    2 thousand tonnes
  10. Vaccines, blood and antisera$54 million · 2%
    370 tonnes · Hungary’s destinations

How it travels

Estimated sea route from Antwerp to Rijeka (Croatia).

The estimated sea route between Antwerp and Rijeka (Croatia) is 3,101 nautical miles (5,743 km) long: ≈ 7–9 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Dover and Strait of Gibraltar.

Hungary is landlocked: it ships through Rijeka (Croatia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$4.4 billion · 71.4%
  2. Air$1.7 billion · 28.6%

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

How much each matters to the other

Hungary was Belgium’s 19th largest trading partner (0.8% of its trade), and Belgium was Hungary’s 16th (2%).

Hungary in Belgium’s trade
0.8%
Hungary’s rank among Belgium’s partners
19th
Belgium in Hungary’s trade
2.1%
Belgium’s rank among Hungary’s partners
16th

Compare with

Other partners of Belgium

Other partners of Hungary

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.