China / Hungary

Overview In February 2024, China exported $761M and imported $338M from Hungary, resulting in a positive trade balance of $423M. Between February 2023 and February 2024 the exports of China have increased by $11.5M (1.53%) from $750M to $761M, while imports decreased by $-26.4M (-7.24%) from $364M to $338M.

Trade In February 2024, the top exports of China to Hungary were Telephones ($106M), Electric Batteries ($84.1M), Flat panel displays ($38.4M), Artificial Graphite ($37.2M), and Oscilloscopes ($33.9M). In February 2024 the top imports of China from Hungary were Navigation Equipment ($62.3M), Electrical Transformers ($45.3M), Cars ($39.8M), Motor vehicles; parts and accessories (8701... ($35.4M), and Electric Motors ($13.8M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($265M), Jiangsu Province ($186M), Zhejiang Province ($88.1M), Shanghai Province ($35.4M), and Sichuan Province ($26.7M), while imports destinations were mainly Jilin Province ($66.4M), Beijing ($66.2M), Liaoning Province ($50.9M), Shanghai Province ($47.8M), and Guangdong Province ($39.9M).

Growth In February 2024, the increase in China's year-by-year exports to Hungary was explained primarily by an increase in product exports in Electric Batteries ($62.4M or 287%), Oscilloscopes ($33.7M or 18k%), and Artificial Graphite ($22.4M or 151%). In February 2024, the decrease in China's year-by-year imports  from Hungary was explained primarily by an decrease in product imports  in Telephones ($-14.8M or -54.8%), Motor vehicles; parts and accessories (8701... ($-9.43M or -21%), and Thermostats ($-7.61M or -37.1%).