Basic Details |
| Region | Western Europe |
| Capital City | Budapest |
| Government Type | Parliamentary Republic |
| Official Languages | Hungarian |
| Currency | Hungarian forint, HUF |
| Phone Code | +36 |
| Important Cities | Budapest, Debrecen, Szeged, Miskolc, Pécs, Gy?r, Nyíregyháza, Kecskemét |
| National Day | Independence Day (Oct-17) |
|
Economy |
| GDP (nominal) | USD 203.829 Billion |
| Ease of Doing Business Ranking | 52 |
| Primary Industries | Agriculture,Health care,Industry. |
|
Foreign Relations |
| Bordering Nations | Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia. |
| Member of | (European Union), ( Union for the Mediterranean), ( United Nations) |
| Major Exports | Electrical Products, Automobiles, Vehicles & Components, Machinery & Appliances, Pharmaceutical Products, Mining, Metals & Minerals, Plastics and Products, Instruments & Optical Solutions, Rubber and Products, Household Items & Products, Chemical Products, Food & Beverages, Spirits & Vinegar, Books and Papers, Edible Oils & Seeds, Wood and Pulp, Other Products |
| Major Imports | Electrical Products, Mining, Metals & Minerals, Machinery & Appliances, Automobiles, Vehicles & Components, Plastics and Products, Pharmaceutical Products, Chemical Products, Instruments & Optical Solutions, Rubber and Products, Books and Papers, Household Items & Products, Other Products, Fashion and Apparel, Wood and Pulp, Edible Oils & Seeds |
| Total Exports Value | USD 149.581 Billion |
| Total Imports Value | USD 158.414 Billion |
| Foreign Trade Balance | USD 8.833 Billion (Deficit) |
|
Foreign Relations with India |
| Flags |  |
| Maps |  |
| Trade Agreements with India | Avoidance of Double Taxation and Prevention of Fiscal Evasion (2003)
Agreement for the Promotion and Protection of Investments (2003)
MoU on IT Cooperation (2003)
Agreement on Defence Cooperation (2003)
Agreement on Exemption of Visa Requirement for holders of diplomatic and official passports (2003)
Agreement on cooperation in the field of Health & Medicine (2008)
Agreement on Cooperation in the field of Agriculture and allied sectors (2008)
Letter of Intent on Strategic Research Fund between India and Hungary (2008)
MoU between Oil and Natural Gas Corp. Ltd. and MOL Hungarian Oil and Gas Plc. for Cooperation in Hydrocarbon Sector (2008)
Agreement on Social Security between India and Hungary (2010)
Agreement between Semmelweis University Faculty of Physical Education and Sport Sciences (TF), Hungary and Sport Authority of India (2011)
MoU on Traditional Systems of Medicine (2013)
MoU on Cooperation in the field of Sports (2013)
Cultural Exchange Programme, 2013-15
Letter of Intent for Indo-Hungarian Strategic Research Fund (enhanced contribution of Euro 2 million each for 2014-17.
Education Exchange Programme signed in Budapest on 19 November 2014.
MOU on Cooperation in the field of Water Management October 2016
MOU between the Indian Council of World Affairs and Institute of Foreign Affairs and Trade of Hungary October 2016.
MOU between Central Council for Research in Ayurvedic Sciences and the University of Debrecen for establishment of European Institute of Ayurvedic Sciences, in October 2017.
MOU between Eotvos Lorand University(ELTE) of Hungary and Indian Council for Cultural Relations(ICCR, New Delhi for establishment of Hindi Chair at ELTE university in September 2018.
Cultural Exchange Program for 2019-22 was signed during the visit of EAM to
Hungary in August 2019. |
| Major Exports to India | Machinery & Appliances, Chemical Products, Electrical Products, Ceramic Products, Automobiles, Vehicles & Components, Instruments & Optical Solutions, Food & Beverages, Spirits & Vinegar, Railway and Locomotives, Rubber and Products, Mining, Metals & Minerals, Books and Papers, Plastics and Products, Pharmaceutical Products, Building & Construction Products & Services, Toys and Games, Hides, Leather & Tannery |
| Major Imports from India | Electrical Products, Machinery & Appliances, Chemical Products, Pharmaceutical Products, Plastics and Products, Automobiles, Vehicles & Components, Fashion and Apparel, Rubber and Products, Mining, Metals & Minerals, Cosmetics and Accessories, Vegetables and Related Products, Aviation Vehicles, Instruments & Optical Solutions, Toys and Games, Silk & Textiles, Household Items & Products |
| India's Imports Value | USD 307.19 Million |
| India's Exports Value | USD 575.44 Million |
| Trade Balance with India | USD 268.25 Million (Deficit) |
| Indian Embassy Details for Hungary | Embassy of India
H.E. Mr. Partha Satpathy
Honourable Ambassador
H-1025 Budapest Buzavirag u. 14
 0036-1-325-7742 /43
consular@indianembassy.hu
https://www.eoibudapest.gov.in/
|
| Embassy Details of Hungary in India | Embassy of Hungary
H.E. Mr. Istvan Szabo
Ambassador
2/50 M, Niti MargChanakyapuriNew Delhi-110021
mission.del@mfa.gov.hu
+91-11-26881135 (O)
Consulate General in Mumbai
Mr. Ferenc Jari
Consul General
ferenc.jari@mfa.gov.hu
Honorary Consulate of Hungary in Chennai
H.E. Mr. M.A. Alagappan
Honorary Consul
No. 10 Chittaranjan Road Teynampet Chennai-600 018
alagappanma@corp.murugappa.com
+91-44-2435 7051 (O)
Honorary Consulate of Hungary in Chandigarh
H.E. Mr. Aditya Surpal
Honorary Consul
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