Hungary's major exports highlight the country's industrial prowess and diverse agricultural sector. Automotive parts, machinery, pharmaceuticals, and electronics are among the top export sectors, with Germany serving as a crucial trading partner in multiple industries. The geographic proximity to neighboring countries such as Slovakia, Austria, and Romania further facilitates trade partnerships.
Automotive Parts and Vehicles
Automotive parts and vehicles are the leading exports of Hungary. The country is a prominent player in the automotive industry, hosting several manufacturing plants. Germany, Slovakia, Austria, and Romania are the major trading partners for Hungarian automotive exports. The export volume for this sector reaches approximately $30 billion in value.
Machinery and Equipment
Hungary exports a wide range of machinery and equipment, including industrial machinery, electrical machinery, and mechanical appliances. Germany, Austria, Slovakia, and Romania are the primary trading partners for Hungarian machinery and equipment. The export volume for this sector exceeds $20 billion.
Pharmaceuticals
Hungary has a strong pharmaceutical industry, with several renowned companies operating within its borders. Medicinal and pharmaceutical products are exported to various countries worldwide. Germany, France, Italy, and Austria are the major trading partners for Hungarian pharmaceuticals. The export value for this sector is estimated at around $10 billion.
Electronics
Hungary exports electronic components, including semiconductors, integrated circuits, and consumer electronics. Germany, Slovakia, Austria, and the United States are the primary trading partners for Hungarian electronics. The export volume for this sector exceeds $5 billion.
Chemicals and Chemical Products
Chemicals and chemical products play a significant role in Hungary's export portfolio. These include plastics, fertilizers, and pharmaceutical chemicals. Germany, Austria, Italy, and the United States are the major trading partners for Hungarian chemicals. The export value for this sector is estimated at approximately $5 billion.
Food and Beverages
Hungary is known for its high-quality food and beverages, including processed meat products, dairy products, wines, and spirits. Germany, Romania, Italy, and Austria are the primary trading partners for Hungarian food and beverages. The export volume for this sector exceeds $4 billion.
Metals and Metal Products
Hungary exports metals and metal products, including iron, steel, and aluminum. Germany, Slovakia, Austria, and Italy are the major trading partners for Hungarian metals. The export value for this sector is estimated at around $4 billion.
Textiles and Apparel
Hungary's textile and apparel industry exports a variety of products, including clothing, textiles, and leather goods. Germany, Austria, Romania, and Italy are the primary trading partners for Hungarian textiles and apparel. The export volume for this sector exceeds $2 billion.
Rubber and Plastic Products
Hungary exports rubber and plastic products, including rubber tires, tubes, and plastic packaging materials. Germany, Austria, Slovakia, and the Czech Republic are the major trading partners for Hungarian rubber and plastic products. The export value for this sector is estimated at approximately $2 billion.
Agricultural Products
Hungary exports a range of agricultural products, including grains, fruits, vegetables, and animal products. Germany, Austria, Italy, and Romania are the primary trading partners for Hungarian agricultural products. The export volume for this sector exceeds $1 billion.
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