Hungary International Affairs

1. International Trade:
   a. Exports

• The top five countries that Hungary exports its goods to are Germany, Austria, Slovakia, Italy, and France.
• Hungary exports industrial machinery, office/telecom/electrical equipment, industrial machinery, and other goods for a total of a little over $25 billion.
• Hungary exports mainly office/telecom/electrical equipment to Austria ($9 Billion), Slovakia ($7.5 Billion), Italy ($7 Billion), and France ($6 Billion).

   b. Imports

• Hungary imports mostly from Russia, China, and Germany.
• Hungary imports fuels and other goods from Russia ($8 Billion).
• Hungary imports office/telecom/electrical equipment from China along with other goods ($10 Billion).
• Hungary imports industrial machinery and other goods from Germany ($27 Billion).

2. Exchange Rate: The current rate is 223 Hungarian Forints to 1 US Dollar. In the past 10 years the rate has been about 204 Hungarian Forints to 1 US Dollar.
3. Immigration/emigration:

• Immigration: The total number of immigrants in Hungary is 368,000.
• Most immigrants came from Romania (189,000), Germany (26,000), and Austria (6,500).
• Emigration: The total number of emigrants from Hungary is 462,000.
• Most migrants move to Germany (89,500), USA (82,000), and Canada (53,000).

4. Relations with other countries:

• In 1528, Hungary signed an alliance with France.
• In World War I, Hungary was an ally to Germany and Austria. 
• In World War II Hungary was again an ally to Germany, but tried to switch sides and was overran by Germany near the end of the war.
• After WWII, Hungary was under Soviet rule for 44 years, before they gained their independence.
• Currently, Hungary is a part of NATO.