globaltraffic.earth

Trade between Bulgaria and Hungary

In 2024, Bulgaria exported $674 million to Hungary and imported $1.1 billion. Bulgaria ran a deficit of $403 million with Hungary, compared with a deficit of $747 million in 2019. Hungary was Bulgaria’s 15th largest trading partner (2% of its trade), and Bulgaria was Hungary’s 28th (0.6%).

Summary

Bulgaria → Hungary
$674million
Hungary → Bulgaria
$1.1billion
Bulgaria’s balance
-$403million

Balance

Bulgaria’s trade balance with Hungary

Trade between Bulgaria and Hungary grew 30.7-fold since 1995

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

  • Exports 0.7
  • Imports 1.1
  • Balance -0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$22 million$35 million-$14 million
1996$30 million$42 million-$12 million
1997$32 million$47 million-$16 million
1998$45 million$44 million$1 million
1999$37 million$58 million-$20 million
2000$39 million$69 million-$30 million
2001$45 million$83 million-$38 million
2002$51 million$109 million-$58 million
2003$81 million$145 million-$64 million
2004$100 million$210 million-$110 million
2005$101 million$251 million-$150 million
2006$138 million$355 million-$217 million
2007$170 million$632 million-$462 million
2008$200 million$757 million-$557 million
2009$171 million$530 million-$359 million
2010$252 million$781 million-$529 million
2011$329 million$994 million-$665 million
2012$315 million$982 million-$666 million
2013$381 million$1 billion-$649 million
2014$462 million$1.1 billion-$673 million
2015$448 million$1.1 billion-$608 million
2016$458 million$1.1 billion-$610 million
2017$539 million$1.2 billion-$632 million
2018$525 million$1.3 billion-$736 million
2019$547 million$1.3 billion-$747 million
2020$566 million$1.3 billion-$766 million
2021$795 million$1.6 billion-$813 million
2022$714 million$1.6 billion-$913 million
2023$632 million$1.8 billion-$1.2 billion
2024$674 million$1.1 billion-$403 million

What they sell each other

What Bulgaria sells to Hungary

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

  1. 40 thousand tonnes
  2. Welded steel pipes$41 million · 6.1%
    49 thousand tonnes
  3. 2 thousand tonnes
  4. Railway freight cars$27 million · 4%
    4 thousand tonnes
  5. Cables and wire$21 million · 3.2%
    3 thousand tonnes · Hungary’s sources
  6. Engine parts$19 million · 2.9%
    641 tonnes
  7. Auto parts$17 million · 2.5%
    2 thousand tonnes · Hungary’s sources
  8. 346 tonnes · Hungary’s sources
  9. Other plastic articles$16 million · 2.4%
    1 thousand tonnes
  10. Coffee$15 million · 2.2%
    2 thousand tonnes

What Hungary sells to Bulgaria

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

  1. Cars$174 million · 16.1%
    9 thousand tonnes · Hungary’s destinations
  2. 478 tonnes · Hungary’s destinations
  3. 34 tonnes
  4. Monitors and projectors$50 million · 4.7%
    2 thousand tonnes · Hungary’s destinations
  5. 352 tonnes
  6. Soft drinks$40 million · 3.8%
    42 thousand tonnes
  7. Poultry meat$33 million · 3.1%
    21 thousand tonnes
  8. Batteries$29 million · 2.7%
    448 tonnes · Hungary’s destinations
  9. Pet and animal feed$21 million · 2%
    20 thousand tonnes
  10. Fresh milk and cream$20 million · 1.8%
    38 thousand tonnes

How it travels

Estimated sea route from Varna to Rijeka (Croatia).

The estimated sea route between Varna and Rijeka (Croatia) is 1,281 nautical miles (2,371 km) long: ≈ 3–4 days at sea (at 18 and 14 knots).

Passages it crosses: Bosporus and Dardanelles.

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$1.4 billion · 80%
  2. Air$350 million · 20%

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

How much each matters to the other

Hungary was Bulgaria’s 15th largest trading partner (2% of its trade), and Bulgaria was Hungary’s 28th (0.6%).

Hungary in Bulgaria’s trade
1.7%
Hungary’s rank among Bulgaria’s partners
15th
Bulgaria in Hungary’s trade
0.6%
Bulgaria’s rank among Hungary’s partners
28th

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.