Summary
- Hungary → Serbia
- $2billion
- Serbia → Hungary
- $2.2billion
- Hungary’s balance
- -$243million
Balance
Hungary’s trade balance with Serbia
Trade between Hungary and Serbia grew 147.8-fold since 1995
USD billions (current). Hungary’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2
- Imports 2.2
- Balance -0.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $27 million | $914 thousand | $26 million |
| 1996 | $160 million | $38 million | $122 million |
| 1997 | $158 million | $72 million | $86 million |
| 1998 | $151 million | $66 million | $85 million |
| 1999 | $130 million | $34 million | $96 million |
| 2000 | $165 million | $66 million | $98 million |
| 2001 | $213 million | $67 million | $146 million |
| 2002 | $301 million | $80 million | $221 million |
| 2003 | $311 million | $67 million | $244 million |
| 2004 | $411 million | $138 million | $273 million |
| 2005 | $622 million | $133 million | $489 million |
| 2006 | $478 million | $229 million | $250 million |
| 2007 | $840 million | $281 million | $559 million |
| 2008 | $977 million | $359 million | $617 million |
| 2009 | $514 million | $314 million | $200 million |
| 2010 | $650 million | $367 million | $284 million |
| 2011 | $1 billion | $476 million | $551 million |
| 2012 | $1.1 billion | $436 million | $631 million |
| 2013 | $1.1 billion | $587 million | $556 million |
| 2014 | $1.1 billion | $551 million | $551 million |
| 2015 | $975 million | $564 million | $412 million |
| 2016 | $953 million | $683 million | $270 million |
| 2017 | $1.1 billion | $950 million | $157 million |
| 2018 | $1.3 billion | $1.1 billion | $176 million |
| 2019 | $1.2 billion | $1.1 billion | $104 million |
| 2020 | $1.4 billion | $1.2 billion | $224 million |
| 2021 | $1.6 billion | $1.8 billion | -$194 million |
| 2022 | $2.4 billion | $2.4 billion | $76 million |
| 2023 | $1.7 billion | $2.3 billion | -$595 million |
| 2024 | $2 billion | $2.2 billion | -$243 million |
What they sell each other
What Hungary sells to Serbia
The top 10 headings in 2024, with their share of the total.
What Serbia sells to Hungary
The top 10 headings in 2024, with their share of the total.
How it travels
Hungary and Serbia traded $4.2 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Serbia was Hungary’s 18th largest trading partner (1% of its trade), and Hungary was Serbia’s 4th (6%).
- Serbia in Hungary’s trade
- 1.4%
- Serbia’s rank among Hungary’s partners
- 18th
- Hungary in Serbia’s trade
- 5.6%
- Hungary’s rank among Serbia’s partners
- 4th
Compare with
Other partners of Hungary
Other partners of Serbia
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.