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Trade between Hungary and Norway

In 2024, Hungary exported $933 million to Norway and imported $336 million. Hungary ran a surplus of $597 million with Norway, compared with a surplus of $318 million in 2019. Norway was Hungary’s 32nd largest trading partner (0.4% of its trade), and Hungary was Norway’s 28th (0.5%).

Summary

Hungary → Norway
$933million
Norway → Hungary
$336million
Hungary’s balance
$597million

Balance

Hungary’s trade balance with Norway

Trade between Hungary and Norway grew 18.3-fold since 1995

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

  • Exports 933
  • Imports 336
  • Balance +597

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$43 million$26 million$17 million
1996$51 million$30 million$21 million
1997$65 million$24 million$40 million
1998$68 million$37 million$31 million
1999$86 million$51 million$35 million
2000$93 million$48 million$46 million
2001$107 million$47 million$59 million
2002$138 million$58 million$80 million
2003$225 million$70 million$156 million
2004$318 million$40 million$277 million
2005$300 million$50 million$250 million
2006$331 million$35 million$296 million
2007$427 million$78 million$349 million
2008$417 million$84 million$333 million
2009$347 million$79 million$269 million
2010$345 million$64 million$281 million
2011$393 million$68 million$325 million
2012$368 million$43 million$325 million
2013$364 million$43 million$321 million
2014$403 million$41 million$362 million
2015$307 million$60 million$247 million
2016$327 million$52 million$275 million
2017$328 million$67 million$261 million
2018$357 million$93 million$264 million
2019$365 million$46 million$318 million
2020$463 million$50 million$412 million
2021$575 million$56 million$520 million
2022$522 million$124 million$398 million
2023$510 million$200 million$310 million
2024$933 million$336 million$597 million

What they sell each other

What Hungary sells to Norway

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

  1. Computers$463 million · 49.6%
    2 thousand tonnes · Hungary’s destinations
  2. Monitors and projectors$41 million · 4.4%
    1 thousand tonnes · Hungary’s destinations
  3. Other processed tobacco$36 million · 3.9%
    554 tonnes
  4. Eyeglasses and sunglasses$25 million · 2.7%
    53 tonnes
  5. Meal from other oilseeds$23 million · 2.4%
    42 thousand tonnes
  6. Auto parts$19 million · 2%
    687 tonnes · Hungary’s destinations
  7. 90 tonnes · Hungary’s destinations
  8. 195 tonnes
  9. Cars$12 million · 1.3%
    820 tonnes · Hungary’s destinations
  10. Toys$11 million · 1.2%
    344 tonnes

What Norway sells to Hungary

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

  1. Military weapons$82 million · 24.3%
    67 tonnes
  2. 19 tonnes
  3. Firearm parts$55 million · 16.2%
    80 tonnes
  4. Unwrought aluminum$53 million · 15.9%
    20 thousand tonnes · Norway’s destinations
  5. 84 tonnes
  6. Turbojets and gas turbines$12 million · 3.7%
    15 tonnes
  7. 16 tonnes · Hungary’s sources
  8. Special-purpose vehicles$6 million · 1.9%
    114 tonnes
  9. 62 tonnes
  10. Trailers$3 million · 0.96%
    61 tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Oslo.

The estimated sea route between Rijeka (Croatia) and Oslo is 3,603 nautical miles (6,673 km) long: ≈ 8.5–10.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Strait of Dover.

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$347 million · 27.3%
  2. Air$922 million · 72.7%

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

How much each matters to the other

Norway was Hungary’s 32nd largest trading partner (0.4% of its trade), and Hungary was Norway’s 28th (0.5%).

Norway in Hungary’s trade
0.4%
Norway’s rank among Hungary’s partners
32nd
Hungary in Norway’s trade
0.5%
Hungary’s rank among Norway’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.