Market · Europe

India's exports to Hungary

US$ 548 mn

in 2025, up 4.6% on 2024. India's 81st largest market, 0.1% of India's exports, 1,169 products.

2021: US$ 545 mn

2022: US$ 573 mn

2023: US$ 575 mn

2024: US$ 524 mn

2025: US$ 548 mnUS$ 548 mn

20212022202320242025

ECGC ratingA2ECGC's classification · see the ratings page Trade agreementIndia–EU FTAConcluded, awaiting signature DocumentsExport checklistWhat Hungary asks for

CBAM definitive period began 1 January 2026. The EU Carbon Border Adjustment Mechanism moved from reporting-only to its definitive phase on 1 January 2026 for cement, iron and steel, aluminium, fertilisers, electricity and hydrogen. EU importers bringing in more than 50 tonnes a year… More

EU GSP preferences suspended for most Indian industrial goods (2026–2028). Under Commission Implementing Regulation (EU) 2025/1909 of 24 September 2025, the EU suspended GSP tariff preferences for India on 13 product sections from 1 January 2026 to 31 December 2028, including mineral products, chemicals, plastics… More

What India sells to Hungary top 15

#	Product (HS 6-digit)	2025	Change
1	3004.90 Medicaments; consisting of mixed or unmixed products n.e.c. in heading no. 3004…	US$ 82.1 mn	+20.2%
2	8473.40 Machinery; parts and accessories (other than covers, carrying cases and the lik…	US$ 43.6 mn	+73.8%
3	8526.91 Radio navigational aid apparatus	US$ 31.7 mn	−25.0%
4	8708.99 Vehicle parts and accessories; n.e.c. in heading no. 8708	US$ 25.9 mn	+32.5%
5	8807.30 Aircraft and spacecraft; parts of aeroplanes, helicopters or unmanned aircraft…	US$ 16.9 mn	+79.6%
6	8708.40 Vehicle parts; gear boxes and parts thereof	US$ 11.2 mn	−10.4%
7	3004.20 Medicaments; containing antibiotics (other than penicillins, streptomycins or t…	US$ 8.6 mn	+171.9%
8	2933.79 Heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam…	US$ 8.5 mn	+7.4%
9	2942.00 Organic compounds; n.e.c. in chapter 29	US$ 8.4 mn	−12.4%
10	6403.91 Footwear; n.e.c. in heading no. 6403, covering the ankle, outer soles of rubber…	US$ 8.2 mn	+43.5%
11	8517.62 Communication apparatus (excluding telephone sets or base stations); machines f…	US$ 8.1 mn	+39.9%
12	2933.39 Heterocyclic compounds; containing an unfused pyridine ring (whether or not hyd…	US$ 7.5 mn	−32.4%
13	8411.99 Turbines; parts of gas turbines (excluding turbo-jets and turbo-propellers)	US$ 7.4 mn	−36.7%
14	4011.70 Rubber; new pneumatic tyres, of a kind used on agricultural or forestry vehicle…	US$ 6.9 mn	−14.5%
15	8414.90 Pumps and compressors; parts, of air or vacuum pumps, air or other gas compress…	US$ 6.9 mn	+96.4%

Who else sells to Hungary Hungary's imports, 2025

Product (HS 4-digit)	Imports	India's share	Leading suppliers
3003 Medicaments; (not goods of heading no. 3002, 3005 o… 🇮🇳 India35% 🇺🇸 United States20% 🇩🇪 Germany13% 🇦🇺 Australia7.9% 🇫🇷 France4.6% 🇮🇪 Ireland3.9%	205 mn	35%1st	United States 20% Germany 13%
8708 Motor vehicles; parts and accessories, of heading n… 🇩🇪 Germany43% 🇨🇿 Czech Republic9.3% 🇵🇱 Poland7.4% 🇦🇹 Austria6.7% 🇸🇰 Slovakia5.0% 🇨🇳 China3.9% 🇮🇳 India0.8% · 18th	6.69 bn	0.8%18th	Germany 43% Czech Republic 9.3%
2933 Heterocyclic compounds with nitrogen hetero-atom(s)… 🇮🇳 India21% 🇮🇱 Israel13% 🇩🇪 Germany11% 🇨🇳 China11% 🇫🇷 France8.3% 🇨🇭 Switzerland8.0%	217 mn	21%1st	Israel 13% Germany 11%
4011 New pneumatic tyres, of rubber 🇩🇪 Germany18% 🇪🇸 Spain10% 🇵🇱 Poland9.2% 🇸🇰 Slovakia8.9% 🇮🇹 Italy6.5% 🇨🇳 China6.4% 🇮🇳 India6.1% · 7th	721 mn	6.1%7th	Germany 18% Spain 10%
8526 Radar apparatus, radio navigational aid apparatus a… 🇮🇳 India24% 🇮🇱 Israel19% 🇩🇪 Germany13% 🇨🇿 Czech Republic11% 🇨🇳 China7.3% 🇳🇱 Netherlands5.3%	137 mn	24%1st	Israel 19% Germany 13%
8483 Transmission shafts (including cam and crank) and c… 🇩🇪 Germany39% 🇮🇹 Italy9.8% 🇨🇳 China7.8% 🇫🇷 France7.5% 🇵🇱 Poland4.0% 🇦🇹 Austria3.6% 🇮🇳 India2.8% · 9th	1.09 bn	2.8%9th	Germany 39% Italy 9.8%
3004 Medicaments; (not goods of heading no. 3002, 3005 o… 🇩🇪 Germany19% 🇧🇪 Belgium17% 🇫🇷 France9.7% 🇳🇱 Netherlands6.3% 🇸🇪 Sweden6.3% 🇦🇹 Austria5.3% 🇮🇳 India1.0% · 17th	3.18 bn	1.0%17th	Germany 19% Belgium 17%
8544 Insulated wire, cable and other electric conductors… 🇩🇪 Germany14% 🇷🇸 Serbia13% 🇷🇴 Romania11% 🇲🇰 North Macedonia9.7% 🇨🇳 China6.5% 🇺🇦 Ukraine6.5% 🇮🇳 India0.9% · 18th	3.12 bn	0.9%18th	Germany 14% Serbia 13%
8473 Machinery; parts and accessories (other than covers… 🇳🇱 Netherlands22% 🇮🇪 Ireland19% 🇺🇸 United States15% 🇨🇳 China9.3% 🇹🇼 Taiwan8.2% 🇸🇬 Singapore6.1% 🇮🇳 India0.8% · 13th	3.63 bn	0.8%13th	Netherlands 22% Ireland 19%
3907 Polyacetals, other polyethers and epoxide resins, i… 🇩🇪 Germany20% 🇰🇷 South Korea12% 🇧🇪 Belgium11% 🇳🇱 Netherlands9.2% 🇨🇳 China7.8% 🇮🇳 India4.5%	484 mn	4.5%6th	Germany 20% South Korea 12%
7326 Iron or steel; articles, n.e.c. in chapter 73 🇩🇪 Germany27% 🇨🇳 China13% 🇹🇷 Turkey12% 🇫🇷 France5.3% 🇮🇹 Italy4.7% 🇨🇿 Czech Republic4.0% 🇮🇳 India2.4% · 11th	871 mn	2.4%11th	Germany 27% China 13%
2934 Nucleic acids and their salts, whether or not chemi… 🇬🇧 United Kingdom37% 🇮🇳 India18% 🇨🇿 Czech Republic11% 🇨🇳 China7.4% 🇧🇪 Belgium7.2% 🇩🇪 Germany6.0%	111 mn	18%2nd	United Kingdom 37% Czech Republic 11%

What Hungary buys most where India has under 5% of the market: openings, or where others are stronger.

Product (HS 4-digit)	Imports	India's share	Leading suppliers
8708 Motor vehicles; parts and accessories, of heading n… 🇩🇪 Germany43% 🇨🇿 Czech Republic9.3% 🇵🇱 Poland7.4% 🇦🇹 Austria6.7% 🇸🇰 Slovakia5.0% 🇨🇳 China3.9% 🇮🇳 India0.8% · 18th	6.69 bn	0.8%18th	Germany 43% Czech Republic 9.3%
8703 Motor cars and other motor vehicles; principally de… 🇩🇪 Germany28% 🇨🇿 Czech Republic13% 🇦🇹 Austria10% 🇰🇷 South Korea7.0% 🇷🇴 Romania6.8% 🇨🇳 China6.4% 🇮🇳 India<0.1% · 28th	5.53 bn	<0.1%28th	Germany 28% Czech Republic 13%
8517 Telephone sets, including smartphones and other tel… 🇨🇳 China23% 🇨🇿 Czech Republic14% 🇸🇰 Slovakia12% 🇳🇱 Netherlands8.5% 🇩🇪 Germany7.4% 🇺🇸 United States6.0% 🇮🇳 India0.3% · 30th	4.59 bn	0.3%30th	China 23% Czech Republic 14%
2711 Petroleum gases and other gaseous hydrocarbons 🇷🇺 Russia71% 🇷🇸 Serbia13% 🇦🇹 Austria8.8% 🇭🇷 Croatia2.1% 🇸🇰 Slovakia1.3% 🇷🇴 Romania1.2%	4.37 bn	–not sold	Russia 71% Serbia 13%
2716 Electrical energy 🇸🇰 Slovakia40% 🇦🇹 Austria26% 🇷🇸 Serbia13% 🇷🇴 Romania10% 🇸🇮 Slovenia7.5% 🇭🇷 Croatia2.7%	3.86 bn	–not sold	Slovakia 40% Austria 26%
8471 Automatic data processing machines and units thereo… 🇮🇪 Ireland26% 🇺🇸 United States14% 🇳🇱 Netherlands13% 🇹🇼 Taiwan7.1% 🇨🇿 Czech Republic6.5% 🇭🇰 Hong Kong6.4% 🇮🇳 India0.2% · 23rd	3.85 bn	0.2%23rd	Ireland 26% United States 14%
3002 Human blood; animal blood for therapeutic, prophyla… 🇰🇷 South Korea24% 🇳🇱 Netherlands20% 🇵🇱 Poland18% 🇩🇪 Germany9.9% 🇧🇪 Belgium7.8% 🇮🇪 Ireland5.9% 🇮🇳 India<0.1% · 23rd	3.65 bn	<0.1%23rd	South Korea 24% Netherlands 20%
8473 Machinery; parts and accessories (other than covers… 🇳🇱 Netherlands22% 🇮🇪 Ireland19% 🇺🇸 United States15% 🇨🇳 China9.3% 🇹🇼 Taiwan8.2% 🇸🇬 Singapore6.1% 🇮🇳 India0.8% · 13th	3.63 bn	0.8%13th	Netherlands 22% Ireland 19%
8542 Electronic integrated circuits 🇩🇪 Germany38% 🇳🇱 Netherlands17% 🇨🇳 China8.9% 🇭🇰 Hong Kong5.5% 🇰🇷 South Korea4.0% 🇺🇸 United States3.9% 🇮🇳 India<0.1% · 30th	3.25 bn	<0.1%30th	Germany 38% Netherlands 17%
3004 Medicaments; (not goods of heading no. 3002, 3005 o… 🇩🇪 Germany19% 🇧🇪 Belgium17% 🇫🇷 France9.7% 🇳🇱 Netherlands6.3% 🇸🇪 Sweden6.3% 🇦🇹 Austria5.3% 🇮🇳 India1.0% · 17th	3.18 bn	1.0%17th	Germany 19% Belgium 17%

US$ million. As reported by Hungary's customs to UN Comtrade for 2025 (imports, usually valued with freight and insurance), so the figures differ from India's own export figures above. Open a product for its six biggest suppliers. Exportsmitra's figures, not ECGC's.

Growing fastest

Product	2025	Change
8473.40 Machinery; parts and accessories (other than covers, carrying cases and the lik… +US$ 18.5 mn	US$ 43.6 mn	+73.8%
3004.90 Medicaments; consisting of mixed or unmixed products n.e.c. in heading no. 3004… +US$ 13.8 mn	US$ 82.1 mn	+20.2%
8807.30 Aircraft and spacecraft; parts of aeroplanes, helicopters or unmanned aircraft… +US$ 7.5 mn	US$ 16.9 mn	+79.6%
8708.99 Vehicle parts and accessories; n.e.c. in heading no. 8708 +US$ 6.4 mn	US$ 25.9 mn	+32.5%
3004.20 Medicaments; containing antibiotics (other than penicillins, streptomycins or t… +US$ 5.4 mn	US$ 8.6 mn	+171.9%
8483.10 Transmission shafts (including cam shafts and crank shafts) and cranks +US$ 4.1 mn	US$ 5.1 mn	+429.8%
8414.90 Pumps and compressors; parts, of air or vacuum pumps, air or other gas compress… +US$ 3.4 mn	US$ 6.9 mn	+96.4%
8534.00 Circuits; printed +US$ 3.0 mn	US$ 3.8 mn	+404.2%

By chapter

84 Machinery and mechanical appliances, boilers…US$ 96.3 mn
30 Pharmaceutical productsUS$ 93.7 mn
85 Electrical machinery and equipment and parts…US$ 78.8 mn
29 Organic chemicalsUS$ 73.5 mn
87 Vehicles; other than railway or tramway rolli…US$ 51.4 mn
64 Footwear; gaiters and the like; parts of such…US$ 24.1 mn
88 Aircraft, spacecraft, and parts thereofUS$ 18.7 mn
40 Rubber and articles thereofUS$ 14.2 mn
73 Iron or steel articlesUS$ 13.3 mn
90 Optical, photographic, cinematographic, measu…US$ 10.5 mn

New in 2025

Products India had not sold to Hungary in the earlier years shown.

8703.23 Vehicles; with only spark-ignition internal combustion reci…US$ 686 thousand
8411.12 Turbo-jets; of a thrust exceeding 25kNUS$ 517 thousand
6403.19 Sports footwear; (other than ski-boots, snowboard boots or…US$ 332 thousand
8541.43 Electrical apparatus; photosensitive semiconductor devices…US$ 216 thousand
8807.20 Aircraft and spacecraft; under-carriages and parts thereofUS$ 212 thousand
1520.00 Glycerol, crude; glycerol waters and glycerol lyesUS$ 147 thousand
8807.10 Aircraft and spacecraft; propellers and rotors and parts th…US$ 139 thousand
8711.40 Motorcycles (including mopeds) and cycles; fitted with auxi…US$ 127 thousand

Source: UN Comtrade database (United Nations Statistics Division), as reported by India. Values in US$, calendar years. ECGC rating: ECGC Limited's short-term country classification, shown for convenience; Exportsmitra's figures and notes are not from ECGC.