Azerbaijan-Hungary trade turnover (US $ million)
YEAR |
TURN OVER |
IMPORT |
EXPORT |
2014 |
95.9 |
23,9 |
72,0 |
2015 |
27,9 |
27,7 |
0,240 |
2016 |
41,1 |
40,1 |
0,911 |
2017 |
43.2 |
41.34 |
1.9 |
2018 |
67.4 |
65.9 |
1.5 |
2019 |
35.697 |
35.027 |
0.670 |
2020 |
38.8 |
37.7 |
1 |
2021 | 35.16 | 33.37 | 1.79 |
2022 | 47.4 | 45.1 | 2.3 |
Source: Ministry of Economy of the Republic of Azerbaijan
Note: Significant increase in the volume of exported goods from Azerbaijan to Hungary in 2014 resulted in the export of crude oil and crude oil products worth $ 71 million.
In 2018, Hungary imported live poultry, plant seeds, canned vegetable products, mineral and carbonated waters, high-octane gasoline, pharmaceuticals, chemical products, ferrous metallurgy, light industry products and various measuring equipment.
Mainly, medical equipment, machinery used in the construction industry was exported from Azerbaijan to Hungary.