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Trade between Hungary and the United Kingdom

In 2024, Hungary exported $6.4 billion to the United Kingdom and imported $1.5 billion. Hungary ran a surplus of $4.9 billion with the United Kingdom, compared with a surplus of $2.2 billion in 2019. The United Kingdom was Hungary’s 12th largest trading partner (3% of its trade), and Hungary was the United Kingdom’s 29th (0.7%).

Summary

Hungary → United Kingdom
$6.4billion
United Kingdom → Hungary
$1.5billion
Hungary’s balance
$4.9billion

Balance

Hungary’s trade balance with the United Kingdom

Trade between Hungary and the United Kingdom grew 7.4-fold since 1995

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

  • Exports 6.4
  • Imports 1.5
  • Balance +4.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$608 million$465 million$143 million
1996$660 million$560 million$99 million
1997$854 million$752 million$102 million
1998$961 million$907 million$54 million
1999$1.2 billion$873 million$319 million
2000$1.2 billion$1 billion$185 million
2001$1.4 billion$972 million$424 million
2002$1.8 billion$1.1 billion$662 million
2003$2.4 billion$1.4 billion$973 million
2004$3 billion$1.7 billion$1.3 billion
2005$3.4 billion$1.5 billion$1.9 billion
2006$4 billion$1.7 billion$2.3 billion
2007$4.6 billion$2.2 billion$2.4 billion
2008$4.6 billion$1.9 billion$2.7 billion
2009$3.7 billion$1.3 billion$2.4 billion
2010$6 billion$1.4 billion$4.5 billion
2011$5.1 billion$1.9 billion$3.3 billion
2012$4.2 billion$1.6 billion$2.6 billion
2013$4.3 billion$1.7 billion$2.5 billion
2014$4.1 billion$1.7 billion$2.4 billion
2015$3.9 billion$1.7 billion$2.3 billion
2016$3.9 billion$1.7 billion$2.2 billion
2017$3.6 billion$1.9 billion$1.7 billion
2018$3.9 billion$2 billion$1.9 billion
2019$4 billion$1.8 billion$2.2 billion
2020$3.6 billion$1.6 billion$2 billion
2021$3.5 billion$1.4 billion$2.2 billion
2022$5.3 billion$1.3 billion$4 billion
2023$6.1 billion$1.4 billion$4.7 billion
2024$6.4 billion$1.5 billion$4.9 billion

What they sell each other

What Hungary sells to the United Kingdom

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

  1. Cars$1.5 billion · 23.9%
    88 thousand tonnes · Hungary’s destinations
  2. Auto parts$574 million · 8.9%
    30 thousand tonnes · Hungary’s destinations
  3. Computers$485 million · 7.6%
    2 thousand tonnes · Hungary’s destinations
  4. Monitors and projectors$214 million · 3.3%
    8 thousand tonnes · Hungary’s destinations
  5. Batteries$204 million · 3.2%
    7 thousand tonnes · Hungary’s destinations
  6. Toys$140 million · 2.2%
    3 thousand tonnes · the United Kingdom’s sources
  7. New tires$140 million · 2.2%
    20 thousand tonnes · Hungary’s destinations
  8. Other plastic articles$139 million · 2.2%
    3 thousand tonnes
  9. Transformers and power supplies$108 million · 1.7%
    1 thousand tonnes
  10. Medical and dental instruments$106 million · 1.7%
    1 thousand tonnes · the United Kingdom’s sources

What the United Kingdom sells to Hungary

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

  1. Cars$292 million · 18.9%
    17 thousand tonnes · the United Kingdom’s destinations
  2. Turbojets and gas turbines$151 million · 9.7%
    480 tonnes · the United Kingdom’s destinations
  3. Cameras and broadcast equipment$62 million · 4%
    148 tonnes
  4. Nucleic acids and other heterocycles$36 million · 2.3%
    690 tonnes
  5. Plastic packaging$30 million · 1.9%
    2 thousand tonnes
  6. Optical fibers and lenses$30 million · 1.9%
    458 tonnes
  7. Computer and office machine parts$29 million · 1.9%
    3 thousand tonnes
  8. Auto parts$26 million · 1.7%
    4 thousand tonnes · the United Kingdom’s destinations
  9. Industrial fatty acids and oils$26 million · 1.7%
    4 thousand tonnes
  10. Aircraft parts$24 million · 1.6%
    78 tonnes

How it travels

Estimated sea route from Rijeka (Croatia) to Felixstowe.

The estimated sea route between Rijeka (Croatia) and Felixstowe is 3,025 nautical miles (5,603 km) long: ≈ 7–9 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$5.6 billion · 70.7%
  2. Air$2.3 billion · 29.3%

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

How much each matters to the other

The United Kingdom was Hungary’s 12th largest trading partner (3% of its trade), and Hungary was the United Kingdom’s 29th (0.7%).

The United Kingdom in Hungary’s trade
2.7%
The United Kingdom’s rank among Hungary’s partners
12th
Hungary in the United Kingdom’s trade
0.7%
Hungary’s rank among the United Kingdom’s partners
29th

Compare with

Other partners of Hungary

Other partners of the United Kingdom

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.