Azerbaijan-Hungary trade turnover (US $ million)
YEAR |
TURN OVER |
IMPORT |
EXPORT |
SALDO |
2014 |
95.9 |
23,9 |
72,0 |
48,1 |
2015 |
27,9 |
27,7 |
0,240 |
-27,46 |
2016 |
41,1 |
40,1 |
0,911 |
-39,1 |
2017 |
43.2 |
41.34 |
1.9 |
-39.44 |
2018 |
67.4 |
65.9 |
1.5 |
-64.4 |
2019 |
35.697 |
35.027 |
0.670 |
-34.357 |
Source: State Statistical Committee 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.
Updated Date: 14.05.2020