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Trade between Hungary and Taiwan

In 2024, Hungary exported $324 million to Taiwan and imported $1 billion. Hungary ran a deficit of $724 million with Taiwan, compared with a deficit of $455 million in 2019. Taiwan was Hungary’s 31st largest trading partner (0.5% of its trade), and Hungary was Taiwan’s 40th (0.2%).

Summary

Hungary → Taiwan
$324million
Taiwan → Hungary
$1billion
Hungary’s balance
-$724million

Balance

Hungary’s trade balance with Taiwan

Trade between Hungary and Taiwan grew 13.7-fold since 1995

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

  • Exports 0.3
  • Imports 1
  • Balance -0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$8 million$92 million-$84 million
1996$8 million$83 million-$74 million
1997$64 million$184 million-$120 million
1998$118 million$267 million-$149 million
1999$117 million$349 million-$232 million
2000$141 million$478 million-$336 million
2001$79 million$484 million-$405 million
2002$91 million$587 million-$495 million
2003$51 million$660 million-$609 million
2004$97 million$509 million-$411 million
2005$130 million$759 million-$629 million
2006$83 million$1.4 billion-$1.3 billion
2007$77 million$1.9 billion-$1.8 billion
2008$96 million$2 billion-$1.9 billion
2009$59 million$1.1 billion-$1.1 billion
2010$121 million$1.3 billion-$1.2 billion
2011$133 million$1.3 billion-$1.2 billion
2012$125 million$1.3 billion-$1.2 billion
2013$163 million$1.1 billion-$916 million
2014$196 million$849 million-$653 million
2015$238 million$726 million-$488 million
2016$245 million$645 million-$399 million
2017$275 million$691 million-$416 million
2018$279 million$556 million-$277 million
2019$229 million$684 million-$455 million
2020$293 million$732 million-$439 million
2021$377 million$980 million-$603 million
2022$460 million$1 billion-$577 million
2023$357 million$866 million-$509 million
2024$324 million$1 billion-$724 million

What they sell each other

What Hungary sells to Taiwan

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

  1. Cars$104 million · 32.1%
    4 thousand tonnes · Hungary’s destinations
  2. Computers$30 million · 9.3%
    105 tonnes · Hungary’s destinations
  3. Electric motors and generators$21 million · 6.4%
    558 tonnes
  4. Diodes, transistors and solar cells$14 million · 4.3%
    48 tonnes
  5. Isocyanates and other nitrogen compounds$9 million · 2.7%
    594 tonnes
  6. Auto parts$7 million · 2.3%
    352 tonnes · Hungary’s destinations
  7. Batteries$7 million · 2.2%
    121 tonnes · Hungary’s destinations
  8. New tires$6 million · 1.9%
    686 tonnes · Hungary’s destinations
  9. Industrial fatty acids and oils$6 million · 1.9%
    323 tonnes
  10. Low-voltage switches and connectors$5 million · 1.7%
    42 tonnes

What Taiwan sells to Hungary

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

  1. Computers$251 million · 24%
    211 tonnes · Taiwan’s destinations
  2. Computer and office machine parts$202 million · 19.3%
    1 thousand tonnes
  3. Cameras and broadcast equipment$108 million · 10.3%
    310 tonnes
  4. Microchips$99 million · 9.4%
    37 tonnes · Taiwan’s destinations
  5. Parts for broadcast equipment$51 million · 4.9%
    32 tonnes
  6. Motorcycle and bicycle parts$46 million · 4.4%
    2 thousand tonnes
  7. Printed circuit boards$39 million · 3.7%
    549 tonnes
  8. Auto parts$16 million · 1.6%
    3 thousand tonnes · Taiwan’s destinations
  9. Batteries$16 million · 1.5%
    226 tonnes · Hungary’s sources
  10. Radio receivers$16 million · 1.5%
    7 tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Kaohsiung.

The estimated sea route between Rijeka (Croatia) and Kaohsiung is 14,180 nautical miles (26,261 km) long: ≈ 33–42 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (14,180 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (8,053 nautical miles).

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$360 million · 26.2%
  2. Air$1 billion · 73.8%

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

How much each matters to the other

Taiwan was Hungary’s 31st largest trading partner (0.5% of its trade), and Hungary was Taiwan’s 40th (0.2%).

Taiwan in Hungary’s trade
0.5%
Taiwan’s rank among Hungary’s partners
31st
Hungary in Taiwan’s trade
0.2%
Hungary’s rank among Taiwan’s partners
40th

Compare with

Other partners of Hungary

Other partners of Taiwan

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.