2023
Exports
$33.2MWorld Rnk 40 / 151
Flag Rnk 353 / 1203
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$110MWorld Rnk 45 / 212
Flag Rnk 210 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $33.2M in Buses, making it the 40th largest exporter of Buses in the world. At the same year, Buses was the 353rd most exported product in Hungary. The main destination of Buses exports from Hungary are: Netherlands ($8.65M), Germany ($6.35M), Romania ($4.11M), Spain ($3.96M), and Slovakia ($3.3M).

The fastest growing export markets for Buses of Hungary between 2022 and 2023 were Spain ($1.85M), Ukraine ($1.58M), and Croatia ($921k).

Imports In 2023, Hungary imported $110M in Buses, becoming the 45th largest importer of Buses in the world. At the same year, Buses was the 210th most imported product in Hungary. Hungary imports Buses primarily from: Turkey ($65.6M), Poland ($25M), Czechia ($10.4M), Germany ($2.39M), and Italy ($1.14M).

The fastest growing import markets in Buses for Hungary between 2022 and 2023 were Poland ($15.5M), Czechia ($7.36M), and Italy ($988k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Buses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$33.2M
IMPORTS (2023)$110M
NET TRADE (2023)-$76.4M

In 2023, Hungary exported $33.2M in Buses. The main destinations of Hungary exports on Buses were Netherlands ($8.65M), Germany ($6.35M), Romania ($4.11M), Spain ($3.96M), and Slovakia ($3.3M).

In 2023, Hungary imported $110M in Buses, mainly from Turkey ($65.6M), Poland ($25M), Czechia ($10.4M), Germany ($2.39M), and Italy ($1.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Spain$1.85M (87.7%)
Ukraine$1.58M (1.42k%)
Croatia$921k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Hungary WERE (2022 - 2023):
Germany-$14.9M (-70.1%)
Romania-$12.2M (-74.7%)
Czechia-$1.59M (-76.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Hungary's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.73M
TOP IMPORT POTENTIALPoland+ $3.62M

Buses’s highest export potential is Germany. With an export gap of $3.73M.   Buses’s highest import potential is Poland with an import gap of $3.62M.

See methodology.

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