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Hungary

Wondering where your next market is? You’ve come to the right place.

Country Information Export Development Canada Europe and CIS
  1. Hungary
  2. Country and Market Info

Evaluating the market in Hungary

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position - Open

Open

What this means:

  • Actively pursuing business
  • All EDC solutions are available in this market, subject to regular approval criteria

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters



Read the latest Government of Canada travel advisory for this market.
 

 

 

Business environment in Hungary

Hungary is an emerging market and a member of the European Union. Trade is of importance to Hungary and relations with Canada are growing along with Canadian potential and opportunities. EDC sees increasing business and investment potential across a wide range of sectors in the market.

We understand opportunity

With our knowledge and solutions, you can take on the world knowing that we've got your back.

View our solutions
International Trade Solutions

Access more insights on this country

There is a world map on a coffee table. Someone is pointing to North America on the map.

Top 3 ranked emerging markets by region

Article March 20, 2019 A positive outlook for the next 6 months


 

Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us a question and we’ll get back to you as soon as possible. Send a question.

Date modified: 2024-02-05

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