Motor vehicles; parts and accessories (8701 to 8705) in   Hungary

Exports In 2020, Hungary exported $6.73B in Motor vehicles; parts and accessories (8701 to 8705), making it the 13th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 2nd most exported product in Hungary. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Hungary are: Germany ($2.42B), Slovakia ($729M), Turkey ($663M), France ($304M), and Czechia ($303M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Hungary between 2019 and 2020 were France ($39.4M), Slovenia ($9.54M), and Slovakia ($9.01M).

Imports In 2020, Hungary imported $5.72B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 17th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 1st most imported product in Hungary. Hungary imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($2.42B), Czechia ($688M), Poland ($452M), Italy ($262M), and Austria ($247M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Hungary between 2019 and 2020 were North Macedonia ($41.2M), China ($17.8M), and Austria ($13.5M).

Tariffs In 2002, the average tariff for Hungary in Motor vehicles; parts and accessories (8701 to 8705) was 8.03%. The countries with the highest import tariffs for Motor vehicles; parts and accessories (8701 to 8705) were Angola (Most Favoured Nation duty rate treatement, 8.03%), Burundi (Most Favoured Nation duty rate treatement, 8.03%), Benin (Most Favoured Nation duty rate treatement, 8.03%), Burkina Faso (Most Favoured Nation duty rate treatement, 8.03%), and Botswana (Most Favoured Nation duty rate treatement, 8.03%).