Summary
- Hungary → Ukraine
- $2billion
- Ukraine → Hungary
- $1.1billion
- Hungary’s balance
- $875million
Balance
Hungary’s trade balance with Ukraine
Trade between Hungary and Ukraine grew 4.7-fold since 1995
USD billions (current). Hungary’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2
- Imports 1.1
- Balance +0.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $303 million | $345 million | -$43 million |
| 1996 | $265 million | $413 million | -$148 million |
| 1997 | $242 million | $345 million | -$103 million |
| 1998 | $237 million | $291 million | -$54 million |
| 1999 | $140 million | $292 million | -$152 million |
| 2000 | $179 million | $325 million | -$146 million |
| 2001 | $194 million | $432 million | -$237 million |
| 2002 | $236 million | $545 million | -$309 million |
| 2003 | $336 million | $884 million | -$549 million |
| 2004 | $557 million | $817 million | -$260 million |
| 2005 | $760 million | $678 million | $82 million |
| 2006 | $951 million | $970 million | -$19 million |
| 2007 | $1.4 billion | $1.4 billion | $72 million |
| 2008 | $1.5 billion | $1.6 billion | -$142 million |
| 2009 | $799 million | $809 million | -$9 million |
| 2010 | $1.4 billion | $888 million | $486 million |
| 2011 | $1.5 billion | $1.5 billion | $49 million |
| 2012 | $1.4 billion | $1.6 billion | -$249 million |
| 2013 | $1.6 billion | $1.7 billion | -$125 million |
| 2014 | $1.4 billion | $1.8 billion | -$398 million |
| 2015 | $1.6 billion | $1.2 billion | $410 million |
| 2016 | $939 million | $1.3 billion | -$396 million |
| 2017 | $1.4 billion | $2 billion | -$590 million |
| 2018 | $1.6 billion | $1.9 billion | -$320 million |
| 2019 | $1.5 billion | $1.9 billion | -$404 million |
| 2020 | $1.4 billion | $1.5 billion | -$88 million |
| 2021 | $1.7 billion | $1.9 billion | -$223 million |
| 2022 | $1.3 billion | $2.5 billion | -$1.2 billion |
| 2023 | $1.6 billion | $1.3 billion | $315 million |
| 2024 | $2 billion | $1.1 billion | $875 million |
What they sell each other
What Hungary sells to Ukraine
The top 10 headings in 2024, with their share of the total.
What Ukraine sells to Hungary
The top 10 headings in 2024, with their share of the total.
How it travels
Hungary and Ukraine traded $3.1 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
Ukraine was Hungary’s 21st largest trading partner (1% of its trade), and Hungary was Ukraine’s 9th (3%).
- Ukraine in Hungary’s trade
- 1%
- Ukraine’s rank among Hungary’s partners
- 21st
- Hungary in Ukraine’s trade
- 2.6%
- Hungary’s rank among Ukraine’s partners
- 9th
Compare with
Other partners of Hungary
Other partners of Ukraine
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.