Export Electrical Transformers, Static Converters (for Example, Rectifiers) and Inductors to Hungary

Market guide for Indian exporters

πŸ‡­πŸ‡Ί Hungary β€” Country Profile

Capital

Budapest

GDP (USD)

$188.00

Population

9.7M

Currency

Forint

Trade Agreement

No preferential agreement

Trade Snapshot

India exported $3.3M of electrical transformers, static converters (for example, rectifiers) and inductors to Hungary in FY 2024-2025 β€” +35.8% YoY.

Based on HS Code 8504 trade data

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How to Export to Hungary

Exporting electrical transformers, static converters (for example, rectifiers) and inductors (HS Code 8504) from India to Hungary requires careful attention to documentation, packaging standards, and customs regulations.

Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Hungary's import requirements.

Full export guide for Hungary β†’ Β· Import data from Hungary β†’

Documentation Required

Commercial Invoice

Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.

Packing List

Itemized list of contents, weights, dimensions, and package markings for each shipment unit.

Bill of Lading / Airway Bill

Transport document issued by the carrier confirming receipt of goods for shipment.

Certificate of Origin

Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.

Shipping Bill

Filed with Indian Customs for export clearance. Generated through ICEGATE.

Letter of Credit / Bank Documents

Payment guarantee instrument. Commonly used for first-time trade partners.

Insurance Certificate

Proof of marine/cargo insurance covering the shipment against loss or damage.

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Top product categories exported from India to Hungary

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