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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 Việt Nam – Hungary
Period 2013 – 2022
Unit: Million USD
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Export (from Vietnam) | 60,10 | 55,04 | 65,74 | 93,33 | 207,00 | 401,17 | 408,00 | 925,09 | 570,23 | 577,59 |
| Import | 87,87 | 120,83 | 129,58 | 173,16 | 148,42 | 244,33 | 337,82 | 371,84 | 532,17 | 628,58 |
| Total trade | 147,98 | 175,87 | 195,32 | 266,49 | 355,42 | 645,50 | 745,82 | 1.296,93 | 1.102,40 | 1.206,17 |
| Trade Balance | (27,77) | (65,79) | (63,85) | (79,83) | 58,58 | 156,84 | 70,19 | 553,26 | 38,05 | (51,00) |
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:
| Main exports | Units | December 2022 | 2022 | ||
| Volume | Value (USD) | Volume | Value (USD) | ||
| Hungary | 46,330,579 | 577,586,866 | |||
| Coffee | Ton | 150 | 796,8 | 887 | 4,974,152 |
| Textiles and garments | USD | 23,211 | 952,812 | ||
| Foot-wears | USD | 161,992 | 1,569,669 | ||
| Computers, electrical products, spare-parts and components thereof | USD | 26,832,309 | 359,170,066 | ||
| Telephones, mobile phones and parts thereof | USD | 62,176 | 1,877,570 | ||
| Machine, equipment, tools and instruments | USD | 7,304,168 | 69,582,885 | ||
| Other means of transportation, parts and accessories thereof | USD | 451,064 | 4,885,194 | ||
| Other products | USD | 10,698,858 | 134,574,519 | ||
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 Việt Nam:
| Main imports | Units | December 2022 | 2022 | ||
| Volume | Value (USD) | Volume | Value (USD) | ||
| Hungary | 71,326,440 | 628,581,927 | |||
| Animal fodders and animal fodder materials | USD | 31,682,669 | 386,412,690 | ||
| Pharmaceutical products | USD | 2,663,725 | 25,770,310 | ||
| Machine, equipment, tools and instruments | USD | 13,253,287 | 118,062,038 | ||
| Other products | USD | 23,726,759 | 98,336,889 | ||
Source: Statistics from Vietnam Customs Department
FTA between Hungary và VietNam
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.
The special preferential import tariff for goods imported from the EU into Vietnam in the period of 2020 – 2022 shall comply with the Government’s Decree No. 111/2020/ND-CP dated September 18, 2020.
To check the updated legal documents related to special preferential import duty under above FTA, see in below article
Main container ports and international airports in Vietnam and Hungary
Main international airports in Vietnam and Hungary
| Major International Airports in Hungary | Major International Airports in Vietnam |
| Ferenc Liszt Budapest (Hungary, IATA Code: BUD ) | Noi Bai – Ha Noi (IATA Code: HAN) |
| Da Nang (IATA Code: DAD) | |
| Tan Son Nhat – Ho Chi Minh City (IATA Code: SGN) |
Select HP Global as the freight forwarder for your shipments between Vietnam and Hungary
HP Global is the logistics company with top reputation in Vietnam, we provide following services:
- Sea freight from Vietnamese ports to other countries and vice versa.
- Air freight from Vietnam Airports to other countries and vice versa
- Customs clearance service in Vietnam: Ha Noi, Hai Phong, Da Nang, Ho Chi Minh …
- Inland transportation in Vietnam: road, waterway, railway
- Consultation on the following contents: HS code, import tax, payment, product import policy, effective shipping solutions,…
- Other services: quality inspection, machinery inspection, cosmetic announcement, food supplement announcement, import, export license in Vietnam ….
HP Global Vietnam – Freight Fowarder provide sea, air freight and customs brokerage, import – export license service for cargo transportation from Vietnam to the world and vice versa
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For consultation and quotation for cargo import to and export from Vietnam, contact us as below details
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
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