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Hungary: Merchandise imports by the reporting economy (current US$)

In , Hungary's Merchandise imports by the reporting economy (current US$) was $153.87 billion.

That's down 6.8% from 2022, the highest value since .

The global average for this indicator in 2023 was $114.38 billion . Hungary ranks #32 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #15 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Hungary Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2004: EU enlargement (10 new members)
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2004 · EU enlargement (10 new members)

Highlights

Peak
$165.10B
Trough
$60.37B
1-year change
-6.8%
5-year change
+27.5%
+5.0% / yr
10-year change
+54.2%
+4.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
153.872B
165.105B
142.877B
115.977B
120.550B
120.704B
107.504B
93.868B
91.963B
104.883B

About Merchandise imports by the reporting economy (current US$)

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Hungary's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Hungary's Merchandise imports by the reporting economy (current US$) was $153.87 billion, according to World Bank Open Data.
Is Hungary's Merchandise imports by the reporting economy (current US$) rising or falling?
Hungary's Merchandise imports by the reporting economy (current US$) fell 6.8% from 2022 to 2023.
How does Hungary rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Hungary ranked #32 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Hungary's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Hungary is above the world average. Within Europe & Central Asia, it ranks #15 of 53.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.