The most important agricultural foreign trade partner is Germany

Hungary’s agricultural foreign trade was also concentrated and strongly Europe-centric in the examined quarter: 95.3 percent of the export turnover was with European countries, the share of Asia was 3.1 percent, that of America was 1.1 percent, and the share of Africa and Australia was 0.4-0. It reached a value of around 2 percent.

Among the most important export and import partners, the largest agricultural foreign trade turnover was also with Germany in the first quarter of 2024

Other important partners in descending order of the value of agricultural exports were the following countries: Italy, Romania, Austria, Poland, Croatia, Slovakia, the Czech Republic, the Netherlands and France. The share of the listed countries exceeded 70 percent of the total agricultural export, and the share of the first five largest export markets was 53.5 percent. The most important suppliers of agricultural products are almost identical to the export markets. Four-fifths of the imports came from ten EU member states, the share of the top 5 partners (Germany, Poland, the Netherlands, Slovakia, Austria) reached 56.6 percent of the total value of agricultural imports in the first three months of 2024. AKI PÁIR