Country Profile

Hungary

Hungary is increasingly seen as the problem child of the EU, slowly moving away from democratic norms and values.

It has one of the world’s most diverse economies and a highly skilled workforce who are continuing to drive economic growth.

UK Imports from Hungary

Total Value:

£2.2 billion / 0.45% of all UK Imports

Top 5 Imports are:

  1. Pharmaceuticals
  2. Road Vehicles
  3. Electrical Goods
  4. Office Machinery
  5. Telecoms & Sound Equipment

UK Exports to Hungary

Total Value:

£1.2 billion / 0.40% of all UK Exports

Top 5 Exports are:

  1. Cars
  2. Mechanical Power Generators
  3. General Industrial Machinery
  4. Telecoms & Sound Equipment
  5. Specialised Machinery

Key Facts about
🇭🇺 Hungary:

Local UK Business Group:

The British Chamber of Commerce in Hungary

www.bcch.com

1051 Budapest, Sas utca 18.

Tel: +36-1-302-5200

Email: bcch@bcch.com

How we can help you do business in Hungary

London based team

Cornerstone has a dedicated team based in London serving businesses across Europe

Transact in HUF

With a Cornerstone account you can transact in over 25 key currencies including GBP & HUF

EU based companies

Companies registered in the EU plus over 50 other jurisdictions can open an account

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