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Trade between Hungary and Mexico

In 2024, Hungary exported $2 billion to Mexico and imported $490 million. Hungary ran a surplus of $1.6 billion with Mexico, compared with a surplus of $983 million in 2019. Mexico was Hungary’s 25th largest trading partner (0.9% of its trade), and Hungary was Mexico’s 33rd (0.2%).

Summary

Hungary → Mexico
$2billion
Mexico → Hungary
$490million
Hungary’s balance
$1.6billion

Balance

Hungary’s trade balance with Mexico

Trade between Hungary and Mexico grew 131.9-fold since 1995

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

  • Exports 2
  • Imports 0.5
  • Balance +1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$10 million$9 million$2 million
1996$18 million$8 million$10 million
1997$16 million$68 million-$52 million
1998$31 million$124 million-$93 million
1999$65 million$173 million-$108 million
2000$58 million$162 million-$104 million
2001$146 million$122 million$23 million
2002$190 million$121 million$69 million
2003$141 million$127 million$14 million
2004$199 million$64 million$135 million
2005$239 million$45 million$194 million
2006$300 million$58 million$242 million
2007$270 million$100 million$170 million
2008$358 million$176 million$183 million
2009$263 million$178 million$85 million
2010$359 million$291 million$68 million
2011$391 million$429 million-$38 million
2012$589 million$527 million$62 million
2013$734 million$778 million-$44 million
2014$859 million$193 million$666 million
2015$814 million$216 million$598 million
2016$852 million$249 million$603 million
2017$1.2 billion$213 million$1 billion
2018$1.2 billion$220 million$958 million
2019$1.3 billion$291 million$983 million
2020$1.1 billion$247 million$824 million
2021$1.2 billion$376 million$784 million
2022$1.3 billion$301 million$1 billion
2023$1.7 billion$400 million$1.3 billion
2024$2 billion$490 million$1.6 billion

What they sell each other

What Hungary sells to Mexico

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

  1. Batteries$481 million · 23.5%
    9 thousand tonnes · Hungary’s destinations
  2. Diesel engines$188 million · 9.2%
    7 thousand tonnes
  3. Spark-ignition engines$157 million · 7.7%
    8 thousand tonnes
  4. Auto parts$115 million · 5.6%
    7 thousand tonnes · Hungary’s destinations
  5. Cars$78 million · 3.8%
    6 thousand tonnes · Hungary’s destinations
  6. Engine parts$74 million · 3.6%
    8 thousand tonnes
  7. 42 tonnes
  8. 738 tonnes
  9. 168 tonnes
  10. Toys$48 million · 2.4%
    6 thousand tonnes

What Mexico sells to Hungary

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

  1. 295 tonnes
  2. Centrifuges and filters$50 million · 10.3%
    518 tonnes
  3. 60 tonnes
  4. Microchips$34 million · 6.9%
    14 tonnes · Mexico’s destinations
  5. 2 thousand tonnes
  6. Control panels$27 million · 5.6%
    293 tonnes
  7. Batteries$26 million · 5.2%
    338 tonnes · Mexico’s destinations
  8. Computers$22 million · 4.5%
    45 tonnes · Mexico’s destinations
  9. Auto parts$16 million · 3.3%
    2 thousand tonnes · Mexico’s destinations
  10. 89 tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Manzanillo.

The estimated sea route between Rijeka (Croatia) and Manzanillo is 7,993 nautical miles (14,803 km) long: ≈ 18.5–24 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Panama Canal.

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$1.2 billion · 46.3%
  2. Air$1.4 billion · 53.7%

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

How much each matters to the other

Mexico was Hungary’s 25th largest trading partner (0.9% of its trade), and Hungary was Mexico’s 33rd (0.2%).

Mexico in Hungary’s trade
0.9%
Mexico’s rank among Hungary’s partners
25th
Hungary in Mexico’s trade
0.2%
Hungary’s rank among Mexico’s partners
33rd

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.