China / Hungary

Overview In October 2023, China exported $797M and imported $357M from Hungary, resulting in a positive trade balance of $440M. Between October 2022 and October 2023 the exports of China have decreased by $-11.4M (-1.41%) from $808M to $797M, while imports decreased by $-5.95M (-1.64%) from $363M to $357M.

Trade In October 2023, the top exports of China to Hungary were Telephones ($129M), Flat panel display modules, whether or... ($113M), Computers ($42.5M), Broadcasting Accessories ($25.5M), and Motor vehicles; parts and accessories (8701... ($24.4M). In October 2023 the top imports of China from Hungary were Navigation Equipment ($65.2M), Electrical Transformers ($49.1M), Motor vehicles; parts and accessories (8701... ($44.8M), Cars ($37.5M), and Telephones ($26.9M).

Origins In October 2023 the exports of China were mainly from Guangdong Province ($300M), Jiangsu Province ($188M), Zhejiang Province ($94.4M), Shanghai Province ($37.2M), and Sichuan Province ($22M), while imports destinations were mainly Guangdong Province ($60.8M), Beijing ($58.2M), Shanghai Province ($55.5M), Jilin Province ($51M), and Liaoning Province ($35.4M).

Growth In October 2023, the decrease in China's year-by-year exports to Hungary was explained primarily by an decrease in product exports in LCDs ($-57.5M or -99.8%), Telephones ($-47.7M or -27%), and Office Machine Parts ($-14.8M or -54.4%). In October 2023, the decrease in China's year-by-year imports  from Hungary was explained primarily by an decrease in product imports  in Cars ($-36.5M or -49.3%), Electrical Control Boards ($-12.8M or -78%), and Motor vehicles; parts and accessories (8701... ($-11.2M or -20%).