Main Markets
Country Overview
Hungary, officially known as the Republic of Hungary, is a landlocked country located in Central Europe. It shares its borders with seven countries including Austria, Slovakia, Ukraine, Romania, Serbia, Croatia and Slovenia. The capital city of Hungary is Budapest. With a population of approximately 10 million people, Hungary has a rich history and cultural heritage. The official language spoken is Hungarian. The country has a parliamentary republic system of government where the President serves as the head of state and the Prime Minister serves as the head of government. Hungary has made significant contributions in various fields including science, literature and arts. Renowned scientists such as physicist Edward Teller and mathematician John von Neumann were born in Hungary. The country also boasts several famous writers like Imre Kertész who won the Nobel Prize in Literature. The economy of Hungary is one of the most developed among Eastern European countries. It relies heavily on export-oriented industries such as automotive manufacturing, pharmaceuticals and information technology services. Budapest Stock Exchange plays a crucial role in shaping the financial sector. Tourism also plays an important role in Hungary's economy due to its rich historical sites and natural landscapes. Tourists often flock to Budapest to marvel at its stunning architecture including iconic landmarks like Buda Castle and Hungarian Parliament Building along with relaxing at thermal baths which are popular attractions. The cuisine in Hungary reflects its geographical location with influences from neighboring countries such as Austria and Turkey along with unique traditional dishes like goulash soup (a meat stew) which are widely enjoyed by both locals and visitors alike. Overall, Hungary is known for its vibrant culture, beautiful landscapes along with its contributions to science and arts making it an intriguing destination for both tourists and global citizens alike.
National Currency
Hungary is a country located in Central Europe. The official currency of Hungary is the Hungarian Forint (HUF). It has been the legal tender since 1946 when it replaced the previous currency, the Hungarian pengő. The forint is subdivided into smaller units called fillér, but these became obsolete in 1999. The forint banknotes come in various denominations including 500, 1000, 2000, 5000, 10,000 and 20,000 HUF. Each banknote showcases important figures from Hungarian history and culture. Coins are also used as a means of payment with denominations of 5, 10, 20, 50 and 100 HUF. The exchange rate between the forint and other major currencies fluctuates based on market conditions. It is recommended to check with banks or authorized exchange offices when exchanging foreign currencies for Hungarian Forints. ATMs are widely available throughout Hungary where visitors can withdraw cash using their international debit or credit cards. Visa and Mastercard are accepted at most establishments including hotels, restaurants, and shops in major cities like Budapest. However, it's advisable to carry some cash especially when traveling to remote areas or small towns where card acceptance may be limited. Hungary being a member of the European Union does not use the euro as its official currency; however, some businesses catering to tourists may accept euros but at an unfavorable exchange rate with additional charges. In summary, when visiting Hungary it's important to acquaint oneself with the country's official currency -the Hungarian Forint (HUF). Ensure you have enough cash on hand while also considering banking options such as ATMs that accept international cards for convenient transactions during your stay in this beautiful country.
Exchange Rate
The legal currency of Hungary is the Hungarian Forint (abbreviated as HUF). As for the approximate exchange rates of major currencies against the Hungarian Forint, here are a few examples: 1 USD ≈ 304 HUF 1 EUR ≈ 355 HUF 1 GBP ≈ 408 HUF 1 JPY ≈ 3 HUF Please note that these exchange rates are approximate and can fluctuate. It's always best to check with current market rates or reliable sources for the most up-to-date information.
Important Holidays
Hungary, a country located in Central Europe, has several important national holidays that hold great significance for its people. These holidays reflect the rich history, cultural traditions, and the values of the Hungarian society. One of the most celebrated national holidays in Hungary is St. Stephen's Day on August 20th. This holiday commemorates Hungary's first king, Stephen I, who played a major role in consolidating and Christianizing the country. The event is marked with various festivities including parades, fireworks displays, concerts and traditional folk dance performances. It is also popularly known as the "Day of the New Bread" where freshly baked bread is blessed by religious leaders. Another significant holiday in Hungary is October 23rd which commemorates the Hungarian Revolution of 1956 against Soviet rule. Hungarians gather on this day to remember those who fought for their political freedom and independence during this pivotal event in their history. Various memorials are held across the country with speeches from prominent figures and street demonstrations to honor those who lost their lives during this struggle. March 15th is another important date that holds historical importance for Hungarians as it marks the anniversary of the Hungarian Revolution of 1848 against Habsburg rule. On this day, ceremonies are organized nationwide to honor key figures involved in this revolution such as Lajos Kossuth and Sándor Petőfi. Lastly, December 25th-26th are recognized as Christmas holidays when Hungarians celebrate Christmas traditions with their families and loved ones. They exchange gifts under a decorated tree while enjoying traditional meals like stuffed cabbage rolls (töltött káposzta) or fisherman's soup (halászlé) followed by desserts such as Bejgli (poppy seed roll) or Szaloncukor (Christmas candy). These national holidays have significant cultural ties within Hungary as they symbolize historical events or religious celebrations that define the identity and unity of the Hungarian people.
Foreign Trade Situation
According to recent data, Hungary is a country situated in Central Europe with an open and robust trade economy. The nation's geographical location makes it a key player in the European trade market. Hungary has a well-diversified range of export products, including machinery and equipment, vehicles, pharmaceuticals, information technology (IT) goods, chemicals, foodstuffs, and agricultural products. These goods are traded mainly with countries within the European Union (EU), with Germany being Hungary's largest trading partner. Other major partners include Austria, Romania, Italy, France, Poland, Slovakia and the Czech Republic. In terms of imports into Hungary, the country heavily relies on machinery and equipment from Germany as well as various consumer goods like vehicles from Belgium and Italy. It also imports chemicals from Poland and Russia while importing electrical machinery from China. The Hungarian government actively promotes foreign investment through tax incentives and subsidies for companies that establish manufacturing facilities within the country. This translates to increased trade flows in areas such as automotive assembly operations where several multinational companies have established production facilities in Hungary. Additionally, Hungary benefits greatly from its membership in the EU which allows for seamless access to a vast market for both exports and imports. The EU represents over 70% of total Hungarian exports making it an essential trading bloc for their economic growth. Overall, Hungary has successfully positioned itself as an important player within international trade by leveraging its strategic geographical location in Central Europe along with favorable investment policies. Through continuous efforts towards diversification of export products as well as partnerships with key trading nations both within the EU and beyond its borders; this small landlocked nation continues to exhibit promising prospects for future development in global commerce.
Market Development Potential
Hungary is a landlocked country located in Central Europe. Despite its smaller size, Hungary has a population of approximately 9.7 million people and boasts a relatively strong economy. The country has been actively working to open up its markets and attract foreign investment, making it an attractive destination for business expansion. One significant factor that contributes to Hungary's potential in foreign trade market development is its strategic geographical location. It serves as a gateway between Eastern and Western Europe, which provides businesses with access to various markets across the region. Furthermore, Hungary's membership in the European Union ensures access to the largest single market globally, further enhancing its trade potential. Hungary's economic stability is another crucial aspect that adds to its attractiveness for foreign trade market development. The country has implemented several successful economic reforms over the years and experienced steady GDP growth rates. Additionally, it offers a business-friendly environment with low corporate taxes and various incentives for foreign investors. Furthermore, Hungary has developed strong infrastructure networks with well-connected roadways and railways that facilitate transportation of goods both domestically and internationally. Its proximity to major European economies also enhances logistical efficiency. In terms of industries, Hungary boasts competitive sectors such as automotive manufacturing, pharmaceuticals, information technology services, food processing, renewable energy production among others. These sectors offer excellent opportunities for foreign companies looking to enter or expand their presence in the Hungarian market. Moreover, Hungary benefits from an educated workforce with high skills levels across various sectors. The country has placed emphasis on education and vocational training programs; thus ensuring an ample talent pool for businesses operating within their borders. Although there are opportunities awaiting those who wish to explore Hungary's foreign trade market potential; like any other emerging economy - challenges exist too.These may include bureaucracy hurdles or language barriers among others; however these can often be overcome through proper planning,cultural understanding,and reliable local partners/suppliers. Overall,Hungary possesses significant potentials when it comes to developing its foreign trade markets. Its strategic location, stable economy, competitive industries, strong infrastructure networks and skilled workforce make it an ideal destination for foreign investment and business expansion.
Hot selling products in the market
When it comes to selecting hot-selling products for the foreign trade market in Hungary, there are several factors to consider. Firstly, it's important to conduct market research and analyze the needs and preferences of Hungarian consumers. One potential area for successful product selection is agriculture. Hungary has a strong agricultural sector, renowned for its high-quality fruits, vegetables, and wine. Exporting these products can be a lucrative opportunity, especially if they carry certifications like organic or fair-trade labels. Another promising sector is manufacturing. Hungary has a well-developed automotive industry, so products related to this field could be popular in the foreign trade market. This includes auto parts and accessories or machinery/equipment used in automobile manufacturing processes. Furthermore, there is rising demand for eco-friendly and sustainable products in Hungary. Environmentally friendly household items like reusable bags or solar-powered gadgets may attract environmentally conscious consumers. In recent years, tourism has also played a significant role in Hungary's economy. Offering specialty goods such as traditional handicrafts or local food products can cater to tourists seeking authentic experiences and souvenirs. Finally, with the advancement of technology and e-commerce platforms gaining popularity worldwide; electronic devices like smartphones, tablets, gaming consoles have become highly sought-after items across various markets including Hungary. Overall product selection should take into account factors such as quality control standards (meeting EU regulations), competitive pricing strategies while considering cultural characteristics of the target population (e.g., Hungarian cuisine/wine culture) which influence consumer preferences significantly. To sum up: agricultural goods (fruits & vegetables), automotive parts/machinery equipment-related items- particularly eco-friendly/sustainable ones + traditional handicrafts/food products catering tourists + electronic devices suitable price range & quality standards score well as hot-selling product choices for foreign trade market targeting Hungary's consumers' demands.
Customer characteristics and taboo
Hungary, officially known as the Republic of Hungary, is a landlocked country located in Central Europe. Known for its rich history and cultural heritage, Hungary is also renowned for its unique customer characteristics and taboos. Customer Characteristics: 1. Hospitality: Hungarians are generally warm and welcoming towards visitors. They appreciate polite behavior and showing interest in their culture. 2. Punctuality: Time management is important to Hungarians, so being punctual for meetings or appointments is highly valued. 3. Directness: When it comes to communication, Hungarians tend to be straightforward and direct in expressing their opinions or preferences. 4. Budget-consciousness: Although Hungary has seen significant economic growth in recent years, many Hungarians still have a thrifty mindset when it comes to spending money. Customer Taboos: 1. Communist past: Avoid discussing topics related to communism or the Soviet Union unless you are engaged with someone who welcomes such discussion. 2. Goulash being just soup: Goulash (a traditional Hungarian dish) should never be referred to as just soup since it holds great cultural importance for Hungarians. 3. Pointing with fingers: Pointing at people or objects with your fingers can be considered impolite in Hungary's culture; instead, use an open hand gesture when indicating something. 4. Gift-giving etiquette: In Hungarian culture, offering an even number of flowers is typically reserved for funerals; therefore it is best practice to present odd numbers of flowers during social gatherings. Understanding these customer characteristics and avoiding these taboos will help ensure positive interactions with Hungarian clients while showing respect for their customs and traditions
Customs management system
Hungary, located in Central Europe, has a well-established customs administration system. As a member of the European Union (EU) and the Schengen Area, Hungary follows EU directives and regulations concerning customs procedures and import policies. The Hungarian Customs Administration is responsible for ensuring border security, collecting taxes and duties, facilitating trade, and enforcing various regulations related to imports and exports. They enforce strict control measures to prevent smuggling activities and maintain compliance with international trade agreements. Travelers entering or leaving Hungary must pass through designated border crossing points. At the customs checkpoint, visitors are required to declare any goods they bring into or take out of the country if their total value exceeds certain limits set by law. This includes items such as cash money exceeding a specified threshold, valuable goods like jewelry or electronics for personal use, as well as goods intended for commercial purposes. When it comes to importing certain products such as firearms, drugs or other restricted items; special permits or licenses may be required from relevant authorities before entering Hungary. It is important for travelers to be aware that specific restrictions can apply to agriculture products such as fruits, vegetables, meat products etc., due to plant health protection measures enforced by Hungarian authorities. Additionally, individuals should also note that there are limits on duty-free tobacco products and alcoholic beverages depending on whether they are traveling within the EU or outside of it. To avoid any inconvenience at the border crossings in Hungary: 1. Familiarize yourself with custom requirements by consulting official government websites providing up-to-date information regarding import restrictions. 2. Ensure that you have all necessary documents like passports & visas. 3. Declare your valuable possessions when entering/exiting if necessary. 4. Adhere strictly to import/export allowances with regards to alcohol/tobacco. 5. Carry prescription medication along with valid prescriptions when applicable. 6.Exercise caution while carrying any agricultural products across borders due to potential restrictions/regulations put in place by local authorities
Import tax policies
The import tax policy of Hungary aims to regulate the flow of goods entering the country and protect domestic industries. Hungary follows a system of customs duties, which are levied on various imported goods based on their classification under the Harmonized System. For most products, Hungary applies the European Union's Common Customs Tariff, which sets out specific rates and rules for tariff classification. However, there are some exceptions and additional taxes that apply to certain products. In general, basic necessities such as food items (including fruits, vegetables, meat, dairy), medicines, and raw materials for production typically enjoy lower or no import taxes. This is done to ensure availability and affordability for consumers and support local businesses in sectors heavily dependent on imports. Luxury goods like high-end electronic devices (cellphones, computers), luxury vehicles (cars), alcoholic beverages (wine) generally face higher tariffs upon entry into Hungary. The rate of these taxes may vary depending on factors like country of origin or value-added tax regulations. Typically these taxes serve as a means to generate revenue while safeguarding local manufacturers from foreign competition. Additionally, Hungary employs trade agreements with other countries or regions to influence its import taxes. Free trade agreements aim to reduce customs duties between participating nations facilitating easier access for exporters by reducing or eliminating tariffs gradually over time. It is worth noting that import tax policies can be subject to change periodically due to economic or political considerations within the country or at an international level. Therefore it is always advisable for traders and individuals involved in international commerce with Hungary to consult with appropriate authorities for up-to-date information regarding specific product categories they intend to import/export.
Export tax policies
Hungary has a unique tax policy regarding export goods. The country imposes a value-added tax (VAT) on exported goods, but at a reduced rate compared to the domestic VAT. The standard domestic VAT rate in Hungary is 27%, but for export goods, it is only 0%. This zero-rated VAT for exports means that Hungarian companies selling their products overseas do not have to pay any additional taxes on those goods. This encourages businesses to export more of their products and boosts international trade for the country. However, it's important to note that this zero-rated VAT only applies to businesses registered in Hungary and exporting their goods outside the European Union (EU). If the destination country is within the EU, regular EU regulations regarding intra-community trade apply. Additionally, Hungarian exporters may be eligible for other tax benefits and incentives provided by the government. For instance, they may qualify for customs duty exemptions or reductions under certain free trade agreements or preferential schemes. Hungary's export tax policy aims to stimulate economic growth through increased exports while remaining compliant with EU regulations. By providing favorable taxation conditions for businesses engaged in international trade, Hungary strives to attract foreign investors and expand its presence in global markets. In conclusion, Hungary implements a zero-rate value-added tax on exported goods outside of the EU as part of its export tax policy. This encourages Hungarian businesses to engage in international trade by eliminating additional taxes on exported products and stimulating economic growth through increased exports.
Certifications required for export
Hungary, also known as the Republic of Hungary, is a landlocked country located in Central Europe. It is renowned for its vibrant culture, rich history, and diverse economy. When it comes to exports, Hungary has established itself as a competitive player in various industries. The country's export certification process ensures that products meet specific quality standards and regulatory requirements before they are shipped abroad. Hungary follows strict guidelines set by both national and international bodies to certify its exports. To obtain export certification in Hungary, businesses must comply with several procedures and regulations. Firstly, companies need to register with relevant government authorities responsible for trade and commerce. This includes providing necessary documents such as legal permits/licenses, tax identification numbers (TIN), and registration certificates. In addition to registration requirements, Hungarian exporters must adhere to product-specific regulations based on the type of goods they are exporting. These regulations may include specific labeling or packaging requirements mandated by international trade agreements or safety standards set by importing countries. Once all the necessary paperwork is completed and product compliance ensured, Hungarian exporters can apply for an export certificate from the appropriate government agency or authority overseeing their industry sector. The certificate verifies that the exported products fulfill all relevant quality standards and regulatory requirements. Hungary's export certification system plays a crucial role in ensuring transparency, accountability, and trustworthiness between exporters and importers worldwide. Having these certifications not only increases market access but also enhances Hungary's reputation as a reliable trading partner. In conclusion, obtaining export certifications in Hungary involves various steps such as business registration compliance with product-specific regulations followed by applying for an official export certificate from the relevant authorities. These measures contribute significantly towards maintaining high-quality standards for Hungarian exports globally while promoting international trade relationships
Recommended logistics
Hungary is a landlocked country located in Central Europe. Despite its relatively small size, Hungary has a well-developed and efficient logistics industry that serves as an important hub for trade and transportation in the region. Here are some recommended logistics information about Hungary: 1. Strategic Location: Hungary's advantageous geographical location provides easy access to major European markets, making it an ideal entry point into the continent. With its well-connected road network and proximity to key international transport routes, including major highways like E75 and E60, Hungary offers excellent connectivity to neighboring countries such as Austria, Slovakia, Slovenia, Serbia, and Romania. 2. Efficient Infrastructure: The country has invested heavily in its logistics infrastructure in recent years. It boasts several modern airports including Budapest Ferenc Liszt International Airport - one of the largest airports in the region - which handles both cargo and passenger traffic effectively. Moreover, Hungary has well-maintained railway networks that facilitate smooth transportation of goods across domestic and international destinations. 3. Logistics Services: Hungary hosts numerous logistics companies offering a wide range of services such as freight forwarding, warehousing and distribution solutions, customs clearance assistance, and supply chain management services. These companies are known for their efficiency, reliability, competitive pricing structures coupled with high-quality services. 4. Special Economic Zones (SEZs): Hungary has designated several SEZs strategically located throughout the country to promote foreign investment by offering substantial tax incentives and streamlined administrative procedures for businesses operating within these zones. These areas provide favorable conditions for manufacturing activities while also enhancing supply chain efficiencies through integrated logistic facilities. 5.International Trade Agreements: Being a member of both the European Union (EU) since 2004 and World Trade Organization (WTO), Hungary enjoys strong trade relations with other EU member states as well as global trading partners outside Europe through various bilateral agreements facilitating free movement of goods across borders. In conclusion,Hungary possesses key strengths such as its strategic location, efficient infrastructure, a variety of logistics services, Special Economic Zones to attract foreign investment, and participation in international trade agreements. These factors collectively contribute to Hungary's status as an attractive destination for logistics operations and make it an important player in Europe's supply chain network.
Channels for buyer development

Important trade shows

Hungary, located in Central Europe, offers several important international procurement channels and trade shows for businesses to explore. These platforms provide opportunities for companies to connect with potential buyers and expand their market reach globally. 1. Budapest International Fair (Budapesti Nemzetközi Vásár): This annual event is one of Hungary's most prominent trade shows, attracting a wide range of international exhibitors and buyers. The fair covers various sectors such as automotive, food processing, IT, construction, machinery, and more. 2. MACH-TECH & INDUSTRY DAYS: MACH-TECH is an international trade exhibition that focuses primarily on machinery and technology for the manufacturing industry. It offers a platform for businesses to showcase their products and services to a global audience while also facilitating networking opportunities with potential customers. 3. HUNGEXPO Budapest Exhibition Center: HUNGEXPO is Hungary’s largest exhibition center hosting numerous specialized trade fairs throughout the year across multiple sectors such as agriculture, real estate development, medical technology solutions, tourism industry events etc. 4. Online Marketplaces: Various online platforms further facilitate business-to-business contacts in Hungary’s procurement landscape. Websites like or Europe B2B Marketplace provide access to numerous Hungarian suppliers in diverse industries ranging from textiles to electronics or agricultural products. 5. Hungarian Trade Commission Offices Abroad: Hungary has established trade commission offices in different countries globally which serve as helpful resources for finding prospective international buyers who are looking for Hungarian products or services abroad. These offices can assist businesses with valuable market insights while connecting them with local distributors or importers. 6.International Chamber of Commerce Hungary (ICC): ICC Hungary plays an essential role in promoting bilateral commerce by organizing business forums showcasing Hungarian products overseas – this provides a platform where both domestic companies and foreign importers can establish valuable connections beneficial to future collaborations. 7.Hungarian Export-import Bank (Eximbank): As a state-owned export-import bank, Eximbank offers financial support to domestic companies engaged in international trade. Not only does Eximbank provide financing solutions for exporters, importers can also benefit from their programs and services when sourcing goods from Hungary. It is worth noting that the aforementioned channels and trade shows are subject to change and evolution over time. Interested companies should refer to official sources such as government trade organizations, chamber of commerce websites, or event organizers to ensure accurate and up-to-date information on upcoming events and opportunities for international procurement in Hungary.
In Hungary, there are several commonly used search engines that people use to browse the internet. Here are some of them: 1. Google Hungary: The most popular search engine worldwide, Google also has a localized version for Hungary. You can visit their Hungarian version at 2. Startlap: Startlap is a Hungarian portal that includes various services such as email, news, and search engine functionality. Their search engine can be accessed at 3. Bing: Microsoft's search engine Bing is also widely used in Hungary. You can use it by visiting 4. Yahoo!: Yahoo! still has a significant user base in Hungary as well, and you can access their search engine at 5. DuckDuckGo: Known for its focus on privacy and not tracking user data, DuckDuckGo also offers its services in Hungary through their website 6 .Onet: Onet is another popular Hungarian portal that provides various services including email and news aggregation; they also have their own search engine which you can access at 7 - is another option with its own dedicated Hungarian version accessible at These are just some of the commonly used search engines in Hungary; however, it should be noted that many Hungarians also regularly use international platforms like Google or Bing directly rather than using localized versions for searching purposes.

Major yellow pages

Hungary's main yellow pages directories are primarily found online, with several websites offering comprehensive listings of businesses and services in the country. Here are some of the prominent yellow page websites in Hungary: 1. Yellux ( Yellux is a widely used online directory in Hungary that provides a vast range of business listings across various categories. It offers advanced search options, including specific locations and services. 2. Cylex ( Cylex Hungary is an extensive directory that allows users to search for businesses by category or location. It also includes additional information such as contact details, opening hours, and customer reviews. 3. ( is another popular online directory where users can find information about businesses based on their desired location or industry type. 4. OpenAd ( OpenAd focuses on classified ads but also serves as a business directory in Hungary, allowing users to search for services and products provided by local companies. 5. This website specifically caters to businesses located in Budapest, providing a comprehensive listing of companies operating within the capital city across different sectors. 6. Oktibbeha County Business Directory ( Although primarily targeting Oktibbeha County in Mississippi, this international directory features Hungarian businesses active within various industries. These yellow page websites serve as valuable resources for individuals seeking contact information and details about Hungarian businesses and services across diverse sectors like hospitality, healthcare, retail outlets, professional services, etc.

Major commerce platforms

Hungary, a country located in Central Europe, has seen significant growth in the e-commerce sector over the years. Several major e-commerce platforms operate in Hungary, offering a wide range of products and services to consumers. Here are some of the main e-commerce platforms in Hungary: 1. Emag is one of Hungary's most popular online marketplaces, offering a vast range of products across various categories including electronics, fashion, home appliances, and more. Website: 2. Alza is another well-known e-commerce platform in Hungary that offers a diverse selection of consumer goods such as electronics, household appliances, toys, sports equipment and more. Website: 3. Mall is a leading retailer in Hungary with an extensive online marketplace that covers various product categories including electronics, fashion accessories, beauty products and more. Website: 4. Extreme Digital ( Known for its wide array of electronic products ranging from smartphones to home entertainment systems and computer accessories; Extreme Digital caters to tech-savvy consumers with competitive prices. Website: 5.Tesco Online ( Tesco is among the largest supermarket chains worldwide with an online platform where customers can order groceries conveniently along with other household items for home delivery or pickup at selected stores. Website: 6.Jofogo ( Specializing in second-hand items such as furniture and clothing; Jofogo provides users an easy platform for buying and selling used goods. Website : 7.Digiprime Webáruház ( - An online retailer specializing in consumer electronics like smartphones,watches,Gadgets,gaming consoles,and accessories. Website: These are just a few of the primary e-commerce platforms operating in Hungary. It's essential to note that some international e-commerce giants like Amazon also serve customers in Hungary, providing access to a broader range of products through their global online stores.

Major social media platforms

Hungary, like many other countries, has its own unique social media and networking platforms. These platforms cater to the interests and preferences of the Hungarian population. Here are some popular social media platforms in Hungary along with their respective websites: 1. Facebook ( Facebook is a global platform, but it has a significant presence in Hungary as well. It allows users to connect with friends and family, share updates, photos, videos, and join groups or events. 2. Instagram ( Instagram is another widely used social media platform in Hungary. It focuses on sharing photos and videos while providing various filters and editing options. 3. Viber ( Viber is a messaging app that also offers voice calls, video calls, and group chats. Along with features like stickers and games, it has gained popularity among Hungarian users. 4. LinkedIn ( LinkedIn is a professional networking site used by professionals globally, including Hungary. Users can create profiles showcasing their work experience and skills to connect with potential employers or peers in their industries. 5. Twitter ( Twitter is a microblogging platform where users can post short messages known as "tweets." Hungarians use Twitter for sharing news updates, opinions on current events or engaging in public conversations. 6 .TikTok ( TikTok's popularity has soared worldwide recently due to its focus on short videos that people can create using various filters and effects. 7 .Snapchat: Snapchat is primarily focused on sharing temporary multimedia messages known as "snaps" among friends or followers through pictures or short videos. 8 .Fórumok: Fórumok are online discussion forums covering various topics of interest for Hungarian internet users such as technology discussions or forums related to hobbies like sports or cooking. 9 .Index Forum ( Index is a popular Hungarian news portal that also has an active forum where users can discuss various topics, including current events and issues. These are just a few examples of the social media and networking platforms that Hungary utilizes. However, it's worth noting that global platforms like Facebook and Instagram have a strong presence in most countries worldwide, including Hungary.

Major industry associations

Hungary is known for its diverse and vibrant economy, and the country's main industry associations play a significant role in shaping and promoting various sectors. Here are some of the prominent industry associations in Hungary along with their websites: 1. Hungarian Chamber of Commerce and Industry (Magyar Kereskedelmi és Iparkamara): The national chamber represents all types of businesses in Hungary, providing support, advocacy, and services to help companies thrive. Website: 2. Hungarian Banking Association (Magyar Bankszövetség): Represents the interests of banks operating in Hungary, aiming to develop a stable financial environment while ensuring transparency and consumer protection. Website: 3. Hungarian National Association of Entrepreneurs and Employers (Vállalkozók és Munkáltatók Országos Szövetsége - VOSZ): This association represents small- to medium-sized businesses across sectors, focusing on improving the business environment for members while fostering entrepreneurship. Website: 4. Hungarian Industrial Association (Gyáriparosok Országos Szövetsége - GOSSY): An influential association representing manufacturing companies in Hungary that promotes technological development, innovation, export activities, and international cooperation among member organizations. Website: 5. Hungarian Logistics Service Providers Association (Magyar Logisztikai Szolgáltató Egyesület - MLSZE): A professional organization focusing on logistics services providers that aims to enhance collaboration among members while addressing challenges faced by this sector. 6. Hungarian Automotive Industry Cluster (Automotive Hungary Klaszter): Represents automotive manufacturers from various industries including OEMs (Original Equipment Manufacturers), component suppliers, R&D centers within universities or research institutes involved in automotive research and development. Website: 7. Hungarian Outsourcing Association (Masosz): A professional organization representing outsourcing service providers across various sectors including IT, contact center services, accounting, HR services, etc., working together to promote Hungary as an attractive outsourcing destination. Website: These associations play a crucial role in promoting the interests of their respective industries in Hungary and fostering cooperation with international partners. Please note that the information provided is based on available online resources at the time of response. Some website links or names may change over time; therefore, it is recommended to search for the current websites of these associations when required.

Business and trade websites

Hungary is a country located in Central Europe. It has a thriving economy and is known for its manufacturing, agriculture, and tourism industries. Here are some of the top economic and trade websites in Hungary: 1. Hungarian Investment Promotion Agency (HIPA) - The HIPA website provides information about investment opportunities, incentives, and the business environment in Hungary. Website: 2. Ministry of Foreign Affairs and Trade - This official government website offers comprehensive information on international trade policies, export-import regulations, investment opportunities, and trade agreements. Website: 3. Hungarian Chamber of Commerce and Industry (MKIK) - MKIK's website is a valuable resource for businesses looking to establish partnerships or explore trade opportunities in Hungary. It provides information on events, publications, services for entrepreneurs, market research reports, etc. Website: 4. National Bank of Hungary (Magyar Nemzeti Bank) - The central bank's official website contains economic data such as inflation rates, exchange rates, monetary policy announcements that can be beneficial for investors or businesses planning to engage with the Hungarian market. Website: 5. Budapest Chamber of Commerce and Industry - The chamber's website offers various resources regarding business services available in Budapest as well as useful news updates related to the local business scene. Website: 6. Export Promotion Agency Ltd (HEPA) – HEPA assists Hungarian exporters by providing export-related consulting services along with organizing events showcasing foreign trade opportunities. Website: 7. Financial Times Special Reports on Hungary – Financial Times publishes special reports focused on different countries including Hungary which gives insights into the country’s economy from an international perspective. Website: These websites can serve as a starting point for those interested in exploring the economic and trade landscape of Hungary. It is always recommended to conduct further research and reach out to relevant institutions for specific information or assistance based on individual needs.

Trade data query websites

Hungary, as a member of the European Union, has a well-developed trade data system providing easy access to information on imports and exports. Here are some websites where you can find trade data for Hungary: 1. Hungarian Central Statistical Office (KSH) - The KSH is the primary source of official statistical information in Hungary. It offers comprehensive trade statistics, including detailed import and export data. You can find the database at: 2. Hungarian Trade Licensing Office (ITT) - ITT provides key information on foreign trade activities in Hungary, including import/export volumes by country and products traded. The website provides up-to-date reports and statistics on international trade: 3. Enterprise Development Foundation (EDF) - EDF is a government-supported organization that promotes foreign investment in Hungary and facilitates businesses' entry into international markets. Their website offers valuable market research and data related to imports/exports: 4. European Commission's Trade Database - The EU's official export control organization tracks bilateral trade flows within its member states including Hungary. You can search for specific export/import-related information involving Hungary here: 5. World Bank Open Data - The World Bank provides a comprehensive range of economic indicators for countries worldwide, including those related to international merchandise trade. For detailed Hungarian-specific import/export information visit this page:

B2b platforms

Hungary, a country located in Central Europe, has several B2B platforms that cater to various industries and sectors. These platforms serve as marketplaces for businesses to connect and conduct transactions. Here are some prominent B2B platforms in Hungary along with their websites: 1. EUROPAGES Hungary ( Europages is a leading B2B platform that covers multiple European countries. It offers a comprehensive directory of Hungarian businesses across numerous industries, allowing companies to connect and collaborate. 2. Hwex ( Hwex is an online B2B marketplace specifically designed for Hungarian wholesale trading companies. It provides a platform for buyers and suppliers from various sectors such as electronics, textiles, food products, machinery, and more. 3. Exporters.Hu ( is an extensive online business portal that promotes Hungarian export-oriented enterprises. It serves as a platform for domestic manufacturers and exporters to showcase their goods or services, connecting them with potential buyers worldwide. 4. TradeFord Hungary ( TradeFord operates globally but includes dedicated sections for different countries, including Hungary. The website enables Hungarian businesses to reach international markets by providing a wide range of products from various industries. 5. BizWay ( BizWay is primarily known as one of the leading advertising portals in Hungary; however, it also features extensive business directories aimed at promoting effective B2B connections within the country. Please note that while these platforms were active at the time of writing this response (2021), it's advisable to visit each website directly to verify their current status and relevance before utilizing them for your specific needs.