CARGO TRANSPORTATION LANE VIETNAM – HUNGARY

Vietnam and Hungary are important trading partners. In this article, HP Global overview some key points related to transportation of cargo import from Hungary to Vietnam and export from Vietnam to Hungary

Trade Turnover Vietnam – Hungary Annually

Import – Export Turnover Vietnam – Hungary

Period 2015 – 2024

Unit: Million USD

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Export (from Vietnam)	65,74	93,33	207,00	401,17	408,00	925,09	570,23	577,59	429,72	706,03
Import	129,58	173,16	148,42	244,33	337,82	371,84	532,17	628,58	418,53	226,02
Total trade	195,32	266,49	355,42	645,50	745,82	1.296,93	1.102,40	1.206,17	848,25	932,05
Trade Balance	(63,85)	(79,83)	58,58	156,84	70,19	553,26	38,05	(51,00)	11,19	480,01

Source: Re-arrange from Statistics of Vietnam Customs Department

Export Turnover from Vietnam to Hungary per Commodities

Which commodities that Vietnam export to Hungary?

Export value from Vietnam to Hungary:

Commodity	Units	2023		2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Hungary			418.529.828		706.028.160	168,69%
Coffee	Ton	1.163	6.855.592	545	4.914.673	71,69%
Textiles and garments	USD		1.076.390		2.712.006	251,95%
Tyre cord fabrics and other fabrics for technical uses	USD				21.538.119
Foot-wears	USD		1.972.250		2.146.349	108,83%
Other base metals and other base metal products	USD				18.893.926
Computers, electrical products, spare-parts and components thereof	USD		191.817.132		395.031.933	205,94%
Telephones, mobile phones and parts thereof	USD		1.357.521		56.879.854	4189,98%
Machine, equipment, tools and instruments	USD		77.256.615		121.869.315	157,75%
Other means of transportation, parts and accessories thereof	USD		8.267.647		9.644.973	116,66%
Other products	USD		129.926.682		72.397.011	55,72%

Source: Statistics from Vietnam Customs Department

Import Turnover from Hungary to Vietnam per Commodities

Which commodities that Vietnam import from Hungary?

Import value from Hungary to Vietnam:

Commodity	Units	2023		2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Hungary			429.717.828		226.019.632	52,60%
Animal fodders and animal fodder materials	USD		135.675.107		2.771.594	2,04%
Pharmaceutical products	USD		35.720.486		42.088.130	117,83%
Machine, equipment, tools and instruments	USD		137.818.213		80.224.460	58,21%
Other products	USD		120.504.023		100.935.448	83,76%

Source: Statistics from Vietnam Customs Department

Shipping Time Vietnam Hungary

Name of ports/airport and shipping times between Vietnam – Hungary

-> See the Article: Cargo Shipping Vietnam – Hungary

Trade relations between Vietnam  and Hungary

HP Global Logistics offers tax consultation services, import procedures, and customs services for the import and export of goods in Vietnam Hungary. For inquiries, please contact our hotline at +84 886 115 726 or +84 984 870 199.

Vietnam and the EU signed the EU-Vietnam Free Trade Agreement (EVFTA) on June 30, 2019 and officially took effect from August 1, 2020, according to this agreement, Vietnam offers incentives for tariffs for goods from EU countries including Hungary.

>> To check the updated legal documents related to special preferential import duty under the above FTA, see the below article: List of FTA Vietnam Joined

→ To check the updated trade relations (MFN, FTAs) between Vietnam and Hungary at the article: Overview Of Trade Relations Between Vietnam And The World

Check import/export duty to/from Vietnam?

To check the update import duty / export duty for cargo import to / export from Vietnam to Hungary, you can contact HP Global via email info@hpgloballtd.com or hotline ++84 886115726 / ++84 984870199 or search on website hptoancau.com as instructed in the image below

Select HP Global as the freight forwarder for your shipments Vietnam – Hungary

With years of experience in shipping goods between Vietnam and Hungary, handling thousands of shipments annually, we confidently deliver professional and optimal management to you. We are committed to advising and providing you with transportation solutions that match the best market prices.

HP Global is a freight forwarder with a top reputation in Vietnam.

→ Contact us for freight and inbound and outbound services for shipments to/from Vietnam – Email: info@hpgloballtd.com

Logistics HP Global Vietnam

Freight forwarder, Customs Broker and Vietnam Import/export license

Building No. 13, Lane 03, N003, Van Khe, Ha Dong, Hanoi

Website: hpgloballtd.com / hptoancau.com

Email: info@hpgloballtd.com

Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 8 8611 5726

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