€2.6 bn

HU is a net exporter of goods with a surplus of €2.6 bn
in 2025, focused on energy resources, machinery & vehicles, and pharmaceuticals

Services trade is stable,
and Hungary remains a net exporter, mainly of transport and logistics services, connected to TIS companies

43k

HU hosts 43k Ukrainian war migrants, and 4.2 mln Ukrainians entered the EU through the UA-HU border during 2022-2024

UA exports electrical components, agrifood
and wood products

Centre for Economic Strategy (CES), an independent Ukrainian think tank that analyzes key public policies and promotes support for reforms.

With donor support, CES has launched a series of studies on trade relations between Ukraine and the European Union countries.

Free movements of goods and services

HU exports to UA mainly natural gas, fuel and electricity, electrical machinery, pharma and vehicles

UA exports to HU electrical machinery and equipment as part of the automotive cluster, as well as sugar, confectionery, cereals, oilseeds, and wood

€236 mln

HU is a net exporter
of services, with a surplus
of €236 mln in 2024, focusing on transport, logistics,
and travel services

UA exported processing and transport services. Transport services have more than doubled on both sides since 2021

Trade Balance UA-HU 2024

Free movement of persons and capital

Pre war:

15k

Ukrainians in Hungary in 2021

Post-2022:

late-2025, largely women
and minors, with man flow
in 2024-2025

157k

ethnic Hungarians
concentrated in Zakarpattia, reported by UA in 2001

8.9k

HU-language student numbers (2024/25)

Refugees in HU, Nov.2025

Tighter co-operation potential

  • Cross-border logistics and transportation will benefit foreign trade and the economic development of both countries.

  • HU’s complete rejection of russian oil in favour of Adria/JANAF capacity will increase demand for HU fuel from UA.

  • Supply chains deepening between firms in the automotive industry, agrifood, construction materials, pharma
    and financial services will require additional investments
    amid EU standards and rules.

Interesting fact