Poland-Hungary Bilateral Trade Analysis 2023
Complete trade statistics: $15.14B total volume •Poland surplus: $1.74B
Poland → Hungary
$8.44B
Exports (2023)
Hungary → Poland
$6.70B
Imports (2023)
Trade Balance
$1.74B
Surplus for Poland
Total Trade
$15.14B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Poland and Hungary. Green line shows exports from Poland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Poland-Hungary commercial relationship and competitive positioning in global markets.
Poland → Hungary Exports
Export Market Intelligence
🎯 Strategic Export Focus
Poland's export portfolio to Hungary demonstrates strong diversification across multiple sectors, with engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) representing a key competitive advantage in this bilateral market.
Hungary → Poland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Poland's import pattern from Hungary reveals strategic sourcingin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Poland demonstrates competitive strength in exportingengines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) to Hungary, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $15.14B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Poland-Hungary Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $15.14 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Poland maintains a surplus of $1.74 billion
- Export Focus: Poland's primary exports include engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
- Import Dependencies: Key imports from Hungary include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $15.14B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Poland leveraging its comparative advantages in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Poland's specialization in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)complements Hungary's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $15.14B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $15.14B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $15.14 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Poland's trade surplus of $1.74 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Poland and Hungary represents a total trade volume of $15.14 billion in 2023. This partnership demonstrates a favorable trade balance for Poland, with exports exceeding importsby $1.74 billion.
Export Strengths
Poland's exports to Hungary total $8.44 billion, with competitive advantages in engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft), representing $268.46M or3.2% of bilateral exports.
Import Dependencies
Imports from Hungary amount to $6.70 billion, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprising5.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Poland's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Poland and Hungary in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023