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Trade between Hungary and Spain

In 2024, Hungary exported $3.9 billion to Spain and imported $2.4 billion. Hungary ran a surplus of $1.5 billion with Spain, compared with a surplus of $1.7 billion in 2019. Spain was Hungary’s 15th largest trading partner (2% of its trade), and Hungary was Spain’s 25th (0.8%).

Summary

Hungary → Spain
$3.9billion
Spain → Hungary
$2.4billion
Hungary’s balance
$1.5billion

Balance

Hungary’s trade balance with Spain

Trade between Hungary and Spain grew 10.1-fold since 1995

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

  • Exports 3.9
  • Imports 2.4
  • Balance +1.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$398 million$228 million$170 million
1996$343 million$230 million$113 million
1997$396 million$290 million$106 million
1998$419 million$444 million-$25 million
1999$492 million$480 million$12 million
2000$622 million$601 million$21 million
2001$777 million$647 million$130 million
2002$909 million$711 million$198 million
2003$1.3 billion$958 million$372 million
2004$1.7 billion$899 million$809 million
2005$1.9 billion$928 million$939 million
2006$2.3 billion$1 billion$1.2 billion
2007$2.8 billion$1.4 billion$1.4 billion
2008$2.6 billion$1.5 billion$1.1 billion
2009$2.3 billion$1 billion$1.3 billion
2010$2.6 billion$1 billion$1.5 billion
2011$2.5 billion$1.7 billion$792 million
2012$2.3 billion$1.6 billion$723 million
2013$2.5 billion$1.7 billion$785 million
2014$2.7 billion$1.6 billion$1.2 billion
2015$3.1 billion$1.4 billion$1.7 billion
2016$3 billion$1.6 billion$1.4 billion
2017$3.1 billion$1.8 billion$1.3 billion
2018$3.3 billion$1.9 billion$1.4 billion
2019$3.6 billion$1.9 billion$1.7 billion
2020$3.1 billion$1.7 billion$1.4 billion
2021$3.4 billion$2.1 billion$1.3 billion
2022$3.6 billion$2.2 billion$1.4 billion
2023$3.7 billion$2.3 billion$1.5 billion
2024$3.9 billion$2.4 billion$1.5 billion

What they sell each other

What Hungary sells to Spain

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

  1. Spark-ignition engines$720 million · 18.5%
    39 thousand tonnes
  2. Cars$450 million · 11.6%
    32 thousand tonnes · Hungary’s destinations
  3. Auto parts$374 million · 9.6%
    33 thousand tonnes · Hungary’s destinations
  4. Batteries$187 million · 4.8%
    10 thousand tonnes · Hungary’s destinations
  5. Monitors and projectors$146 million · 3.8%
    5 thousand tonnes · Hungary’s destinations
  6. New tires$88 million · 2.3%
    16 thousand tonnes · Hungary’s destinations
  7. Medicines in measured doses or retail packs$75 million · 1.9%
    2 thousand tonnes · Hungary’s destinations
  8. Cables and wire$68 million · 1.8%
    4 thousand tonnes · Hungary’s destinations
  9. Alarms, bells and indicator panels$67 million · 1.7%
    853 tonnes
  10. Seats and chairs$64 million · 1.6%
    14 thousand tonnes

What Spain sells to Hungary

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

  1. Cars$270 million · 11.2%
    19 thousand tonnes · Spain’s destinations
  2. Auto parts$158 million · 6.5%
    31 thousand tonnes · Spain’s destinations
  3. Pork$125 million · 5.2%
    38 thousand tonnes · Spain’s destinations
  4. Medicines in measured doses or retail packs$81 million · 3.4%
    7 thousand tonnes · Spain’s destinations
  5. New tires$76 million · 3.1%
    9 thousand tonnes · Spain’s destinations
  6. Spark plugs, starters and ignition equipment$72 million · 3%
    4 thousand tonnes
  7. Vaccines, blood and antisera$69 million · 2.9%
    93 tonnes · Spain’s destinations
  8. Cables and wire$52 million · 2.2%
    4 thousand tonnes · Spain’s destinations
  9. Pesticides and herbicides$46 million · 1.9%
    8 thousand tonnes
  10. Women's suits and dresses$42 million · 1.8%
    2 thousand tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Valencia.

The estimated sea route between Rijeka (Croatia) and Valencia is 1,387 nautical miles (2,568 km) long: ≈ 3–4 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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$5.2 billion · 83.1%
  2. Air$1.1 billion · 16.9%

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

How much each matters to the other

Spain was Hungary’s 15th largest trading partner (2% of its trade), and Hungary was Spain’s 25th (0.8%).

Spain in Hungary’s trade
2.1%
Spain’s rank among Hungary’s partners
15th
Hungary in Spain’s trade
0.8%
Hungary’s rank among Spain’s partners
25th

Compare with

Other partners of Hungary

Other partners of Spain

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.