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Trade between China and Hungary

In 2024, China exported $10.4 billion to Hungary and imported $3.2 billion. China ran a surplus of $7.2 billion with Hungary, compared with a surplus of $5 billion in 2019. Hungary was China’s 58th largest trading partner (0.2% of its trade), and China was Hungary’s 7th (5%).

Summary

China → Hungary
$10.4billion
Hungary → China
$3.2billion
China’s balance
$7.2billion

Balance

China’s trade balance with Hungary

Trade between China and Hungary grew 49.5-fold since 1995

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

  • Exports 10.4
  • Imports 3.2
  • Balance +7.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$236 million$38 million$197 million
1996$229 million$48 million$181 million
1997$334 million$33 million$301 million
1998$479 million$22 million$457 million
1999$653 million$88 million$564 million
2000$996 million$85 million$911 million
2001$1.4 billion$146 million$1.2 billion
2002$2.2 billion$182 million$2 billion
2003$3.3 billion$251 million$3.1 billion
2004$3 billion$453 million$2.6 billion
2005$3.7 billion$362 million$3.3 billion
2006$4.2 billion$737 million$3.5 billion
2007$5.8 billion$1.2 billion$4.7 billion
2008$6.9 billion$1.3 billion$5.6 billion
2009$5.6 billion$1.4 billion$4.2 billion
2010$7 billion$1.9 billion$5 billion
2011$7.1 billion$2.1 billion$5 billion
2012$6.3 billion$2.1 billion$4.2 billion
2013$6.2 billion$2.4 billion$3.8 billion
2014$5.7 billion$2.7 billion$3 billion
2015$5.4 billion$2.3 billion$3.1 billion
2016$5.4 billion$2.9 billion$2.5 billion
2017$6.4 billion$3.3 billion$3.1 billion
2018$6.9 billion$3.1 billion$3.7 billion
2019$7.6 billion$2.6 billion$5 billion
2020$9.5 billion$3 billion$6.5 billion
2021$11.1 billion$3.8 billion$7.3 billion
2022$10.3 billion$3.5 billion$6.8 billion
2023$10.7 billion$3.4 billion$7.3 billion
2024$10.4 billion$3.2 billion$7.2 billion

What they sell each other

What China sells to Hungary

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

  1. Phones and telecom equipment$629 million · 6.1%
    14 thousand tonnes
  2. Batteries$628 million · 6.1%
    31 thousand tonnes · China’s destinations
  3. Computer and office machine parts$613 million · 5.9%
    11 thousand tonnes
  4. Cameras and broadcast equipment$485 million · 4.7%
    4 thousand tonnes
  5. Transformers and power supplies$353 million · 3.4%
    15 thousand tonnes
  6. Parts for broadcast equipment$348 million · 3.4%
    6 thousand tonnes
  7. Microchips$312 million · 3%
    162 tonnes · China’s destinations
  8. Printed circuit boards$261 million · 2.5%
    5 thousand tonnes
  9. Artificial graphite$242 million · 2.3%
    37 thousand tonnes
  10. Auto parts$227 million · 2.2%
    36 thousand tonnes · China’s destinations

What Hungary sells to China

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

  1. Transformers and power supplies$341 million · 10.7%
    1 thousand tonnes
  2. Cars$263 million · 8.2%
    15 thousand tonnes · Hungary’s destinations
  3. Radar, GPS receivers and remote controls$187 million · 5.8%
    185 tonnes
  4. Auto parts$176 million · 5.5%
    9 thousand tonnes · Hungary’s destinations
  5. Cameras and broadcast equipment$122 million · 3.8%
    293 tonnes
  6. Other electrical devices$108 million · 3.4%
    103 tonnes
  7. Other measuring instruments$92 million · 2.9%
    379 tonnes
  8. Computers$88 million · 2.7%
    197 tonnes · Hungary’s destinations
  9. Valves and taps$73 million · 2.3%
    1 thousand tonnes
  10. Electric motors and generators$68 million · 2.1%
    3 thousand tonnes

How it travels

Estimated sea route from Shanghai to Rijeka (Croatia).

The estimated sea route between Shanghai and Rijeka (Croatia) is 14,747 nautical miles (27,312 km) long: ≈ 34–44 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore, the Cape of Good Hope and the Strait of Gibraltar (14,747 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait and the Suez Canal (8,626 nautical miles).

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$8.2 billion · 60.3%
  2. Air$5.4 billion · 39.7%

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

How much each matters to the other

Hungary was China’s 58th largest trading partner (0.2% of its trade), and China was Hungary’s 7th (5%).

Hungary in China’s trade
0.2%
Hungary’s rank among China’s partners
58th
China in Hungary’s trade
4.6%
China’s rank among Hungary’s partners
7th

Compare with

Other partners of China

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.