EU-Singapore - a boost for jobs and exports in Hungary

Businesses of all sizes in towns and cities across Hungary already export a wide range of goods and services to Singapore.

The EU-Singapore trade agreement will make it easier and cheaper for them to do so.


Companies and jobs

260 The number of Hungarian companies that export to Singapore.

83% The share of EU companies exporting to Singapore that are small and medium-sized enterprises.

44,000 The number of persons employed by Singaporean companies in the EU.


What kind of products does Hungary export to Singapore?

Companies across Hungary export goods and services to Singapore.


Exports and Imports

Hungary and Singapore already have a close trading relationship. The EU-Singapore trade agreement will give it a big boost.

19th Singapore is Hungary's 19th biggest trade partner outside the EU.

€152 m The value of Hungarian exports to Singapore.

€225 m The value of Hungarian imports from Singapore.


EU trade agreements benefit companies and communities

  • Products: Dun and Bradstreet, 2018. The product examples are drawn from a sample of all EU companies exporting to Singapore.
  • Companies: Statistics on international trade in goods by enterprise characteristics, Eurostat, 2015 (latest available year).
  • Jobs: European Commission, Eurostat. Figures based on latest available data (2014).