Hungary Merchandise imports by the reporting economy, residual (% of total merchandise imports)
Hungary Merchandise imports by the reporting economy (current US$)
What is Hungary's merchandise imports by the reporting economy (current us$)? As of 2023, it's 153.9B USD Mn, up from 104.9B USD Mn in 2014.
| Label | Merchandise imports by the reporting economy (current US$) |
|---|---|
| 2014 | 104882593687 USD Mn |
| 2015 | 91962765172 USD Mn |
| 2016 | 93867990350.0001 USD Mn |
| 2017 | 107504243934 USD Mn |
| 2018 | 120703702440 USD Mn |
| 2019 | 120550055386 USD Mn |
| 2020 | 115976614148 USD Mn |
| 2021 | 142877466012 USD Mn |
| 2022 | 165104909785 USD Mn |
| 2023 | 153872037096 USD Mn |
Data Source: World Bank and Wantstats Repository
Hungary Merchandise imports by the reporting economy (current US$): Key Points
- In 2023, Hungary's merchandise imports by the reporting economy stood at 153.87B units — up from 104.88B units in 2014, a rise of roughly 47%.
- 2015: drops to 91.96B units (-12%).
- 2016-2018: surges to 120.70B units (+31%).
- 2021-2022: shoots up to 165.10B units (+42%).
- 2023: down to 153.87B units (-7%).
- 2023: Series wraps up at 153.87B units, a net 46.7% gain across the whole run.
Reading A Choppy Series
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
A move this size in one year — 2021, 23% — is large enough to ask whether it's a real-world event or a data/methodology break. Cross-check against a known event in that year before treating it as organic change.
Read this as one data point in a bigger comparison, not a verdict on its own. Hungary's merchandise imports by the reporting economy figure only tells a real story once it's set next to comparable countries or regions tracking the same thing.
Worth remembering this isn't a live feed — it's Hungary's periodically-updated official statistics, with the usual lag and modeling that comes with any indicator series like this.
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