Europe & Central Asia · HU

India and Hungary

India exported USD 524.1 mn to Hungary in 2024, led by HS 85, and imported USD 629.4 mn. Here are the documents, the gateways and how SSL moves your cargo on the India side.

  • AgreementIndia-EU FTA: concluded not in force
  • CurrencyHUF Ft
  • Time−4h30 to −3h30 vs IST
  • CapitalBudapest
  • AccessLandlocked
  • Road
  • Air
  1. Road leg in India to the gateway, SSL fleet · Road
  2. Air leg to Hungary · Air

Road in India, then sea or air onward

Exports from India
USD 524.1 mn
Imports into India
USD 629.4 mn
Trade partner rank
#77

Happiness, on this lane, is the buyer in Budapest whose goods arrive on the promised day, and the shipper in India who never has to chase.

At a glance

Region
Europe & Central AsiaCentral Europe
Income group
High incomeWorld Bank
Currency
HUFHungarian forint
Languages
Hungarian
Capital
Budapest
Time
−4h30 to −3h30 vs ISTUTC+01:00, UTC+02:00
Access
Landlocked
Trade partner rank
#770.10% of India's trade

Trade agreements: No India trade agreement in force (MFN terms; check GSTP separately). · India-EU FTA: concluded not in force. Sources: World Bank country classification; ISO 4217 and languages via mledoze/countries; IANA time zones; agreements per India Briefing FTA tracker and Invest India.

Ship from India to Hungary

USD 524.1 mnIndia's exports to Hungary, 2024 (FOB)
0.12%of India's exports to the world
USD 1.15 bntwo-way trade, 2024
India's top exports to Hungary, 2024
  1. HS 85 Electrical machinery and equipment and parts thereof USD 92.1 mn18%
  2. HS 29 Organic chemicals USD 88.8 mn17%
  3. HS 84 Machinery and mechanical appliances, boilers, nuclear reactors USD 80.0 mn15%
  4. HS 30 Pharmaceutical products USD 73.2 mn14%
  5. HS 87 Vehicles USD 48.4 mn9%

Gateways in Hungary

Seaports: Landlocked: sea cargo moves through a neighbouring country's port.

Airports: Budapest Liszt Ferenc International Airport (BUD) · Debrecen International Airport (DEB) · Pécs-Pogány International Airport (PEV)

OurAirports: large (else medium) airports with scheduled service and an IATA code. Direct service from India NOT verified.

Transit time

No public port-to-port benchmark is published here yet. We do not guess one: our desk gives you the current sailing or flight time with the quote.

Source: UN Comtrade, 2024. India as reporter; exports FOB, imports CIF; general trade, all modes; HS 2022 (H6) chapters. Retrieved 29 Sep 2026.

Import from Hungary to India

USD 629.4 mnIndia's imports from Hungary, 2024 (CIF)
55%of the two-way trade is India buying
India's top imports from Hungary, 2024
  1. HS 84 Machinery and mechanical appliances, boilers, nuclear reactors USD 130.5 mn21%
  2. HS 85 Electrical machinery and equipment and parts thereof USD 113.1 mn18%
  3. HS 29 Organic chemicals USD 86.6 mn14%
  4. HS 90 Optical, photographic, cinematographic, measuring, checking, medical… USD 60.3 mn10%
  5. HS 87 Vehicles USD 52.3 mn8%

On arrival in India the importer files a bill of entry on ICEGATE; customs assesses basic customs duty, the social welfare surcharge and IGST on the assessable value. No agreement rate is available, so the standard tariff applies. Read the import guide →

How SSL moves it

Road in India, then sea or air onward

India leg: by road to the Indian gateway

SSL's fleet moves your cargo by road to and from India's ports and airports.

International leg. The air leg, or the sea leg through a neighbouring country's port, is arranged by our desk, and our desk arranges customs clearance.

Outside India? Email (corporatesales@sslpl.in) is the easiest way for our desk to reply across time zones. WhatsApp +91 75062 45557 works too.

Documents

General guidance: verify every shipment with your customs broker and the current DGFT and CBIC notifications.

IEC
An Importer-Exporter Code from DGFT is needed for any commercial shipment to or from Hungary. Guide →
HS code
Classify every line under the HS nomenclature; India's largest export chapter to Hungary in 2024 was HS 85. The 8-digit ITC(HS) code goes on the shipping bill. Guide →
Incoterms
Hungary is landlocked, so the multimodal terms (FCA, CPT, CIP, DAP) fit better than FOB or CIF, which are for sea legs only. Guide →
Certificate of origin
Non-preferential CoO Guide →

Questions about shipping between India and Hungary

Does India have a free trade agreement with Hungary?
Not in force yet. India-EU FTA is concluded not in force. Until it is in force, trade with Hungary runs at normal (MFN) duty rates. Source: India Briefing FTA tracker, 2026.
What does India export to Hungary?
India exported USD 524.1 mn of goods to Hungary in 2024. The largest chapters were HS 85 electrical machinery and equipment and… (USD 92.1 mn), HS 29 organic chemicals (USD 88.8 mn), HS 84 machinery and mechanical appliances, bo… (USD 80.0 mn). That is 0.12% of India's exports to the world. Source: UN Comtrade, India as reporter, 2024, exports FOB.
What does India import from Hungary?
India imported USD 629.4 mn from Hungary in 2024, mainly HS 84 machinery and mechanical appliances, bo… (USD 130.5 mn), HS 85 electrical machinery and equipment and… (USD 113.1 mn), HS 29 organic chemicals (USD 86.6 mn). To claim a lower agreement rate on these goods, the importer needs origin proof under CAROTAR 2020. Source: UN Comtrade, India as reporter, 2024, imports CIF.
How big is India-Hungary trade?
Two-way goods trade between India and Hungary was USD 1.15 bn in 2024, 0.10% of India's total, which ranks Hungary number 77 among India's trading partners. India imports more than it exports on this lane. Source: UN Comtrade, India as reporter, 2024.
How long does shipping from India to Hungary take?
No public port-to-port benchmark for India to Hungary is published on this page yet. Our desk confirms the current sailing or flight time for your cargo when it quotes. Source: SSL global dataset, 29 Sep 2026.
What certificate of origin do I need to export to Hungary?
A non-preferential certificate of origin is the usual document; both kinds are issued through the DGFT e-CoO platform (coo.dgft.gov.in). Check the buyer's letter of credit or import rules for the exact form. Source: DGFT, 2026.
What is the time difference between India and Hungary?
Budapest runs at UTC+01:00, UTC+02:00 in 2026, which is −4h30 to −3h30 vs IST. Plan calls and cut-offs with our desk in IST; we reply by email across time zones. Source: IANA time-zone database, 2026.
Does Safe & Secure Logistics clear customs for Hungary shipments?
Yes. Our desk arranges clearance for your shipment, or works with your own broker, while SSL's fleet runs the road leg in India. Our desk shares the operator's licence and documents for your shipment on request. Source: SSL site facts, 29 Sep 2026.

Keep exploring

Data: UN Comtrade 2024 · retrieved 29 Sep 2026. Company figures appear only where sourced from SSL's own register.

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