Summary
- Hungary → Russia
- $1billion
- Russia → Hungary
- $5.5billion
- Hungary’s balance
- -$4.5billion
Balance
Hungary’s trade balance with Russia
Trade between Hungary and Russia grew 2.6-fold since 1995
USD billions (current). Hungary’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1
- Imports 5.5
- Balance -4.5
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $803 million | $1.8 billion | -$951 million |
| 1996 | $803 million | $2.1 billion | -$1.3 billion |
| 1997 | $979 million | $2 billion | -$1 billion |
| 1998 | $672 million | $1.6 billion | -$910 million |
| 1999 | $358 million | $1.5 billion | -$1.2 billion |
| 2000 | $483 million | $2.6 billion | -$2.1 billion |
| 2001 | $512 million | $2.5 billion | -$2 billion |
| 2002 | $515 million | $2.2 billion | -$1.7 billion |
| 2003 | $714 million | $3 billion | -$2.3 billion |
| 2004 | $891 million | $3.3 billion | -$2.4 billion |
| 2005 | $1.3 billion | $4.9 billion | -$3.6 billion |
| 2006 | $2 billion | $6.5 billion | -$4.5 billion |
| 2007 | $2.9 billion | $6.5 billion | -$3.6 billion |
| 2008 | $3.9 billion | $10.2 billion | -$6.3 billion |
| 2009 | $2.8 billion | $6 billion | -$3.1 billion |
| 2010 | $3.3 billion | $6.9 billion | -$3.6 billion |
| 2011 | $3.5 billion | $8.6 billion | -$5.2 billion |
| 2012 | $3.3 billion | $8 billion | -$4.7 billion |
| 2013 | $3.2 billion | $8.5 billion | -$5.3 billion |
| 2014 | $2.8 billion | $7.1 billion | -$4.3 billion |
| 2015 | $1.7 billion | $3.7 billion | -$2 billion |
| 2016 | $1.9 billion | $2.6 billion | -$770 million |
| 2017 | $2.4 billion | $3.7 billion | -$1.3 billion |
| 2018 | $2 billion | $4.7 billion | -$2.6 billion |
| 2019 | $2.3 billion | $4.4 billion | -$2.2 billion |
| 2020 | $2.1 billion | $2.5 billion | -$413 million |
| 2021 | $2.3 billion | $4.1 billion | -$1.9 billion |
| 2022 | $1.3 billion | $9.6 billion | -$8.3 billion |
| 2023 | $1.2 billion | $6.2 billion | -$5 billion |
| 2024 | $1 billion | $5.5 billion | -$4.5 billion |
What they sell each other
What Hungary sells to Russia
The top 10 headings in 2024, with their share of the total.
What Russia sells to Hungary
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Rijeka (Croatia) and Saint Petersburg is 4,419 nautical miles (8,184 km) long: ≈ 10–13 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Gibraltar, Strait of Dover and Øresund.
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Russia was Hungary’s 13th largest trading partner (2% of its trade), and Hungary was Russia’s 15th (1%).
- Russia in Hungary’s trade
- 2.2%
- Russia’s rank among Hungary’s partners
- 13th
- Hungary in Russia’s trade
- 1.1%
- Hungary’s rank among Russia’s partners
- 15th
Compare with
Other partners of Hungary
Other partners of Russia
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.