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 2014 – 2023

Unit: Million USD

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Export (from Vietnam)	55.04	65.74	93.33	207.00	401.17	408.00	925.09	570.23	577.59	429.72
Import	120.83	129.58	173.16	148.42	244.33	337.82	371.84	532.17	628.58	418.53
Total trade	175.87	195.32	266.49	355.42	645.50	745.82	1,296.93	1,102.40	1,206.17	848.25
Trade Balance	(65.79)	(63.85)	(79.83)	58.58	156.84	70.19	553.26	38.05	(51.00)	11.19

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	6 months 2023		6 months 2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Hungary			199.186.921		314.584.674	158%
Coffee	Ton	798	4.234.459	281	1.916.829	45%
Textiles and garments	USD		832.231		572.480	69%
Tyre cord fabrics and other fabrics for technical uses	USD				12.242.665
Foot-wears	USD		798.702		484.508	61%
Other base metals and other base metal products	USD				7.872.367
Computers, electrical products, spare-parts and components thereof	USD		80.404.627		178.891.032	222%
Telephones, mobile phones and parts thereof	USD		1.190.323		18.561.016	1559%
Machine, equipment, tools and instruments	USD		39.897.351		54.286.561	136%
Other means of transportation, parts and accessories thereof	USD		3.132.479		4.657.410	149%
Other products	USD		68.696.748		35.099.808	51%

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	6 months 2023		6 months 2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Hungary			306.038.100		95.599.958	31%
Animal fodders and animal fodder materials	USD		134.110.852		1.296.710	1%
Pharmaceutical products	USD		12.699.255		17.937.571	141%
Machine, equipment, tools and instruments	USD		91.420.462		32.150.898	35%
Other products	USD		67.807.530		44.214.779	65%

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, La 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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