According to resources, Export to Hungary from India stood at a revenue of more than $550 Million by the year 2021 and increasing every year but decrease in 2020 because of Covid-19.
Trade partnership agreements have been signed between both the countries which are providing benefit to both the nations.
Pharmaceuticals, Machinery, and Chemicals are the major exported products from India to Hungary at the present moment.
According to resources, the E-commerce industry is rising in Hungary with a revenue of more than $1.7 Billion and increasing with a 7.11% growth rate by the year 2021.
So, itβs a great opportunity for Indian sellers to grab the Hungary market through both the channels that is through offline or online selling platforms & marketplaces in Hungary.