Europe ยท Country profile
Hungary
India-Hungary trade corridor: $3.4B bilateral trade, $2.0B FDI into India.
$3.4B
Trade with India
+5.9% YoY
$759.0B
GDP
Nominal
$2.0B
FDI into India
Cumulative
+$0.2B
Trade balance
India surplus
Top exports to Hungary
- Rice and cereals
- Machinery
- Gems and jewellery
Top imports from Hungary
- Fertilisers
- Scientific instruments
- Machinery
Trade corridor with India
2025: $3.4B ยท 5-yr CAGR 12.3%
Goods trade in USD billion, illustrative demo figures.
Latest Hungary stories
Trade6h ago7 min read
India-Hungary bilateral trade hits a new quarterly high
FDI9h ago3 min read
Hungary investors commit fresh capital to Indian manufacturing
Policy12h ago4 min read
Revised tariff schedule for India-Hungary goods notified
Technology15h ago5 min read
India and Hungary deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 5% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 7 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Hungary Business Forum
Dec 2026 ยท New Delhi
Delegation
Trade delegation to Hungary
Feb 2027 ยท Hungary
Buyer meet
Hungary buyers-sellers meet
Mar 2027 ยท Mumbai
Policy
Joint working group on market access
Nov 2026 ยท Virtual
Opportunity sectors
๐ฑS25Fertilizers19% projected demand growth๐ฅซS30Food Processing Industries13% projected demand growth๐บS35Information and Broadcasting10% projected demand growth๐ฉบS40Medical Devices & Healthtech20% projected demand growth๐S45Pharmaceutical14% projected demand growth๐๏ธS50Semiconductors11% projected demand growth