Exports within EU (as % of total exports) 75.1%
Main exports: Machinery and transport equipment, foodstuffs, chemicals.
Threat/Opportunity: Hungary's big agriculture sector needs a major overhaul to come into line with EU standards and it will take years before it is in any kind of shape to compete with the UK. Hungary's economy is in good health, though, with high GDP growth and relatively low levels of unemployment and the potential to export quality brand products is a realistic one.
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Main exports: Machinery and transport equipment, foodstuffs, chemicals.
Threat/Opportunity: Hungary's big agriculture sector needs a major overhaul to come into line with EU standards and it will take years before it is in any kind of shape to compete with the UK. Hungary's economy is in good health, though, with high GDP growth and relatively low levels of unemployment and the potential to export quality brand products is a realistic one.
{{ANALYSIS }}
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