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Hungary
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Overview

Hungary

The information presented in this report shows the interaction of Saudi Arabia and Hungary in terms of economic and social factors.

In December 2025, Saudi Arabia exported 32.0 million to Hungary, representing 0.02% of Saudi Arabia's total exports during that month.

The main products exported by Saudi Arabia to Hungary in December 2025 were boilers, machinery, mechanical goods; parts thereof and manmade staple fibers.

Regarding non-oil exports, these amounted to 11.8 million, with machinery and mechanical appliances, electrical equipment, parts thereof being the main product exported to Hungary.

In December 2025, Saudi Arabia imported 173.4 million from Hungary, representing 0.2% of Saudi Arabia's total imports during that month.

The main products imported by Saudi Arabia from Hungary in December 2025 were boilers, machinery, mechanical goods; parts thereof and electrical machinery and equipment and parts thereof.

Hungary achieved positive growth in the foreign direct investment (FDI) stock at the end of 2024 with Saudi Arabia, which amounted to 66.2 million, compared to the FDI stock of 2023, which was 62.6 million.

Foreign Trade

Trade Balance

In December 2025, exports from Saudi Arabia to Hungary amounted to 32.0 million (0.02% of total exports), while imports from Hungary amounted to 173.4 million (0.2% of total imports). As a result, the trade balance resulted in a deficit of 141.4 million.

The graph shows the monthly evolution of exports from Saudi Arabia to Hungary and the monthly evolution of imports from Hungary. The line represents the trade balance.

Trade Balance

Exports by Main Section

Saudi Arabia's exports to Hungary in 2025 reached a total of 313.0 million. The main section wise exports in terms of commercial value were boilers, machinery, mechanical goods; parts thereof ( 106.6 million), electrical machinery and equipment and parts thereof ( 105.3 million), and plastics and articles thereof ( 50.8 million).

The chart shows section wise exports by Saudi Arabia to Hungary annually, measured in commercial value.

Section Wise Exports to Hungary

Non-Oil Exports

Non-oil exports from Saudi Arabia to Hungary in March 2026 reached a total of 11.8 million. The main non-oil exports were machinery and mechanical appliances, electrical equipment, parts thereof ( 7.2 million), textiles and their articles ( 1.9 million), and plastics, rubber and their articles ( 1.2 million).

The graph shows the non-oil products exported from Saudi Arabia to Hungary monthly.

Non-Oil Exports by Products

Imports by Main Section

Saudi Arabia's imports from Hungary in 2025 reached a total of 1.7 billion. The main section wise imports in terms of commercial value were boilers, machinery, mechanical goods; parts thereof ( 566.7 million), electrical machinery and equipment and parts thereof ( 400.8 million), and pharmaceutical products ( 122.7 million).

The chart shows section wise imports by Saudi Arabia from Hungary annually, measured in commercial value.

Section Wise Imports from Hungary

Foreign Direct Investment

FDI Stock

In 2024, 66.2 million in FDI stock were recorded, being higher by 5.7% compared to the previous year.

The graph shows the annual evolution of the stock of FDI from Hungary in Saudi Arabia.

Annual Evolution of FDI Stock

FDI Flow

In 2024, the value of the Foreign Direct Investment (FDI) Inflow was 3.7 million while the FDI Outflow reached a value of 144.1 thousand. These amounts resulted in an FDI Net Inflow of 3.6 million, lower by 84.7% than the previous year.

The graph shows the annual evolution of FDI Inflow and Outflow between Hungary and Saudi Arabia. The line represents the FDI Net Inflow.

Note:

FDI inflows: Financial transactions that arise between the FDI institution, direct investors and related companies outside the Saudi economy, which occur during a certain period of time, and form inflows when their positive impact appears in excess of equity and/or debt instruments.

FDI outflows: These are financial transactions that arise between the Foreign Direct Investment Corporation, direct investors, and related companies outside the Saudi economy, and which occur during a certain period of time. They are outflows when their impact appears in a decrease in the side of obligations, such as paid dividends or repayment of loans and credit receivables, or when the foreign shareholder exits.

FDI net inflow: It represents the difference between inflows and outflows of foreign direct investment inflows.

Annual Evolution of FDI Inflow and Outflow

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