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Trade between Hungary and India

In 2024, Hungary exported $612 million to India and imported $864 million. Hungary ran a deficit of $252 million with India, compared with a deficit of $252 million in 2019. India was Hungary’s 30th largest trading partner (0.5% of its trade), and Hungary was India’s 71st (0.1%).

Summary

Hungary → India
$612million
India → Hungary
$864million
Hungary’s balance
-$252million

Balance

Hungary’s trade balance with India

Trade between Hungary and India grew 21.3-fold since 1995

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

  • Exports 612
  • Imports 864
  • Balance -252

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$27 million$42 million-$14 million
1996$17 million$55 million-$39 million
1997$21 million$57 million-$36 million
1998$15 million$76 million-$61 million
1999$19 million$69 million-$50 million
2000$22 million$74 million-$52 million
2001$24 million$77 million-$53 million
2002$29 million$89 million-$60 million
2003$34 million$140 million-$106 million
2004$45 million$174 million-$129 million
2005$53 million$118 million-$65 million
2006$135 million$170 million-$35 million
2007$128 million$301 million-$173 million
2008$166 million$550 million-$385 million
2009$223 million$383 million-$159 million
2010$358 million$279 million$79 million
2011$449 million$386 million$62 million
2012$304 million$363 million-$59 million
2013$247 million$383 million-$136 million
2014$259 million$383 million-$124 million
2015$272 million$394 million-$123 million
2016$226 million$409 million-$183 million
2017$262 million$463 million-$201 million
2018$279 million$477 million-$198 million
2019$246 million$499 million-$252 million
2020$250 million$505 million-$255 million
2021$380 million$593 million-$213 million
2022$392 million$803 million-$411 million
2023$520 million$787 million-$267 million
2024$612 million$864 million-$252 million

What they sell each other

What Hungary sells to India

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

  1. Computers$46 million · 7.4%
    166 tonnes · Hungary’s destinations
  2. Technical ceramics$44 million · 7.2%
    2 thousand tonnes
  3. 17 tonnes
  4. Railway parts$31 million · 5%
    820 tonnes
  5. Auto parts$29 million · 4.7%
    2 thousand tonnes · Hungary’s destinations
  6. 27 tonnes
  7. Control instruments$24 million · 3.9%
    80 tonnes
  8. Soft drinks$23 million · 3.7%
    25 thousand tonnes
  9. Turbojets and gas turbines$15 million · 2.5%
    14 tonnes · Hungary’s destinations
  10. Antibiotics$14 million · 2.3%
    9 tonnes

What India sells to Hungary

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

  1. Bulk medicines$70 million · 8.1%
    734 tonnes
  2. 387 tonnes
  3. Auto parts$50 million · 5.8%
    6 thousand tonnes · India’s destinations
  4. New tires$50 million · 5.8%
    14 thousand tonnes · India’s destinations
  5. 137 tonnes
  6. Batteries$46 million · 5.3%
    485 tonnes · Hungary’s sources
  7. 376 tonnes
  8. Cables and wire$25 million · 2.9%
    662 tonnes · India’s destinations
  9. 4 thousand tonnes
  10. 86 tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Nhava Sheva (Mumbai).

The estimated sea route between Rijeka (Croatia) and Nhava Sheva (Mumbai) is 11,585 nautical miles (21,455 km) long: ≈ 27–34.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar and the Cape of Good Hope (11,585 nautical miles); and 15% via the Suez Canal and the Bab-el-Mandeb Strait (4,447 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$770 million · 52.2%
  2. Air$706 million · 47.8%

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

How much each matters to the other

India was Hungary’s 30th largest trading partner (0.5% of its trade), and Hungary was India’s 71st (0.1%).

India in Hungary’s trade
0.5%
India’s rank among Hungary’s partners
30th
Hungary in India’s trade
0.1%
Hungary’s rank among India’s partners
71st

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.