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Trade between Denmark and Hungary

In 2024, Denmark exported $905 million to Hungary and imported $838 million. Denmark ran a surplus of $67 million with Hungary, compared with a deficit of $128 million in 2019. Hungary was Denmark’s 24th largest trading partner (0.7% of its trade), and Denmark was Hungary’s 29th (0.6%).

Summary

Denmark → Hungary
$905million
Hungary → Denmark
$838million
Denmark’s balance
$67million

Balance

Denmark’s trade balance with Hungary

Trade between Denmark and Hungary grew 9.1-fold since 1995

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

  • Exports 905
  • Imports 838
  • Balance +66.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$120 million$73 million$47 million
1996$128 million$74 million$54 million
1997$129 million$75 million$54 million
1998$165 million$110 million$56 million
1999$153 million$101 million$52 million
2000$160 million$126 million$34 million
2001$205 million$147 million$57 million
2002$262 million$229 million$32 million
2003$319 million$260 million$59 million
2004$389 million$348 million$42 million
2005$456 million$444 million$12 million
2006$463 million$544 million-$81 million
2007$603 million$825 million-$222 million
2008$684 million$876 million-$192 million
2009$504 million$533 million-$29 million
2010$519 million$604 million-$85 million
2011$609 million$706 million-$97 million
2012$580 million$782 million-$202 million
2013$646 million$829 million-$183 million
2014$836 million$923 million-$87 million
2015$605 million$663 million-$57 million
2016$640 million$697 million-$57 million
2017$624 million$812 million-$188 million
2018$749 million$847 million-$99 million
2019$649 million$778 million-$128 million
2020$698 million$752 million-$54 million
2021$735 million$860 million-$125 million
2022$752 million$856 million-$104 million
2023$861 million$894 million-$33 million
2024$905 million$838 million$67 million

What they sell each other

What Denmark sells to Hungary

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

  1. 259 tonnes · Denmark’s destinations
  2. Liquid pumps$66 million · 7.3%
    7 thousand tonnes
  3. Auto parts$62 million · 6.9%
    4 thousand tonnes · Hungary’s sources
  4. Toys$48 million · 5.3%
    5 thousand tonnes
  5. Other plastic sheets$33 million · 3.7%
    2 thousand tonnes
  6. Microchips$21 million · 2.3%
    583 tonnes · Hungary’s sources
  7. 1 thousand tonnes
  8. Enzymes$21 million · 2.3%
    2 thousand tonnes
  9. 743 tonnes
  10. 5 thousand tonnes

What Hungary sells to Denmark

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

  1. 1 thousand tonnes · Hungary’s destinations
  2. 3 thousand tonnes
  3. Cars$46 million · 5.6%
    4 thousand tonnes · Hungary’s destinations
  4. Liquid pumps$46 million · 5.5%
    5 thousand tonnes
  5. 1 thousand tonnes
  6. Eyeglasses and sunglasses$36 million · 4.3%
    2 thousand tonnes
  7. Computers$30 million · 3.6%
    1 thousand tonnes · Hungary’s destinations
  8. 3 thousand tonnes
  9. 2 thousand tonnes
  10. Other food preparations$21 million · 2.5%
    660 tonnes

How it travels

Estimated sea route from Aarhus to Rijeka (Croatia).

The estimated sea route between Aarhus and Rijeka (Croatia) is 3,643 nautical miles (6,747 km) long: ≈ 8.5–11 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$1.3 billion · 75.9%
  2. Air$419 million · 24.1%

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

How much each matters to the other

Hungary was Denmark’s 24th largest trading partner (0.7% of its trade), and Denmark was Hungary’s 29th (0.6%).

Hungary in Denmark’s trade
0.7%
Hungary’s rank among Denmark’s partners
24th
Denmark in Hungary’s trade
0.6%
Denmark’s rank among Hungary’s partners
29th

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.