Hungary is rapidly developing country in Central Europe that is part of the EU single market.
Exports are worth $112b annually with trade to the EU over 70%. Hungary’s primary exports are machinery, vehicles, consumer goods, agricultural products, chemicals, apparel, textiles, iron, steel and fuels. Germany is Hungary’s key trading partner followed by Austria, Italy, France, UK, Romania & Poland.
To discuss your sourcing or procurement intelligence requirements from Hungary, please contact us.
Frequently Asked Questions
Below are answers to the most frequently asked questions. Please feel free to contact us. Use our contact form or arrange a callback with a consultant.
What kind of products & services do you source?
We can source any product or service from commodity to customised. Check our Category Expertise section to see the range.
What kind of businesses do you work with?
We work with small to multi-national companies that are looking to procure goods and services from emerging markets for export or to support their local operations.
Do you have preferred relationships with suppliers?
We are supplier independent, we never take commissions from suppliers, and we conduct our procurement on an objective and documented basis.
How long does it take to quantify the potential value opportunity?
From initial brief to quantifying the potential value opportunity, takes between a few days for categories we know well to 2 months for new categories.
How long does it take to fully qualify a new supplier?
To qualify a new supplier that has been identified as offering potential value, takes between a few weeks for simple off-the-shelf products to several months for complex custom engineered products.