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Trade between Hungary and Sweden

In 2024, Hungary exported $1.7 billion to Sweden and imported $959 million. Hungary ran a surplus of $762 million with Sweden, compared with a surplus of $961 million in 2019. Sweden was Hungary’s 23rd largest trading partner (0.9% of its trade), and Hungary was Sweden’s 24th (0.8%).

Summary

Hungary → Sweden
$1.7billion
Sweden → Hungary
$959million
Hungary’s balance
$762million

Balance

Hungary’s trade balance with Sweden

Trade between Hungary and Sweden grew 5.6-fold since 1995

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

  • Exports 1.7
  • Imports 1
  • Balance +0.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$158 million$319 million-$162 million
1996$179 million$291 million-$113 million
1997$199 million$272 million-$72 million
1998$219 million$319 million-$100 million
1999$237 million$327 million-$90 million
2000$257 million$387 million-$130 million
2001$287 million$359 million-$72 million
2002$384 million$451 million-$66 million
2003$524 million$564 million-$41 million
2004$836 million$756 million$79 million
2005$851 million$684 million$167 million
2006$848 million$787 million$61 million
2007$1.1 billion$874 million$249 million
2008$1.2 billion$935 million$263 million
2009$883 million$648 million$235 million
2010$1 billion$741 million$300 million
2011$1.1 billion$1.1 billion$58 million
2012$1 billion$971 million$78 million
2013$1.1 billion$942 million$110 million
2014$1.1 billion$995 million$85 million
2015$1.1 billion$909 million$207 million
2016$1.2 billion$818 million$402 million
2017$1.6 billion$853 million$712 million
2018$1.8 billion$915 million$891 million
2019$1.7 billion$756 million$961 million
2020$1.8 billion$704 million$1.1 billion
2021$2 billion$908 million$1.1 billion
2022$1.7 billion$898 million$834 million
2023$1.9 billion$916 million$1 billion
2024$1.7 billion$959 million$762 million

What they sell each other

What Hungary sells to Sweden

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

  1. Auto parts$295 million · 17.1%
    24 thousand tonnes · Hungary’s destinations
  2. Monitors and projectors$108 million · 6.3%
    4 thousand tonnes · Hungary’s destinations
  3. Air pumps, compressors and fans$104 million · 6.1%
    4 thousand tonnes
  4. Computers$101 million · 5.9%
    4 thousand tonnes · Hungary’s destinations
  5. Cables and wire$86 million · 5%
    3 thousand tonnes · Hungary’s destinations
  6. Microphones and speakers$65 million · 3.8%
    1 thousand tonnes
  7. Liquid pumps$61 million · 3.5%
    1 thousand tonnes
  8. Cars$59 million · 3.5%
    4 thousand tonnes · Hungary’s destinations
  9. Cameras and broadcast equipment$53 million · 3.1%
    142 tonnes
  10. Computer and office machine parts$42 million · 2.5%
    331 tonnes

What Sweden sells to Hungary

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

  1. Medicines in measured doses or retail packs$157 million · 16.4%
    734 tonnes · Sweden’s destinations
  2. Cars$108 million · 11.2%
    5 thousand tonnes · Sweden’s destinations
  3. Coated paper$36 million · 3.7%
    40 thousand tonnes
  4. Chemical wood pulp$31 million · 3.2%
    30 thousand tonnes · Sweden’s destinations
  5. Cables and wire$19 million · 2%
    2 thousand tonnes · Hungary’s sources
  6. Power and pneumatic hand tools$19 million · 2%
    1 thousand tonnes
  7. Low-voltage switches and connectors$18 million · 1.9%
    540 tonnes
  8. Parts of optical and measuring instruments$15 million · 1.5%
    191 tonnes
  9. Plastic sheets and film$14 million · 1.4%
    5 thousand tonnes
  10. Plows, seeders and tillage machinery$12 million · 1.2%
    2 thousand tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Gothenburg.

The estimated sea route between Rijeka (Croatia) and Gothenburg is 3,567 nautical miles (6,606 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$1.9 billion · 71.3%
  2. Air$769 million · 28.7%

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

How much each matters to the other

Sweden was Hungary’s 23rd largest trading partner (0.9% of its trade), and Hungary was Sweden’s 24th (0.8%).

Sweden in Hungary’s trade
0.9%
Sweden’s rank among Hungary’s partners
23rd
Hungary in Sweden’s trade
0.8%
Hungary’s rank among Sweden’s partners
24th

Compare with

Other partners of Hungary

Other partners of Sweden

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.