Hungary is located in the Carpathian Basin of Central Europe, within easy reach of Western Europe. About two thirds of its territory is flat and lies less than 200 meters above sea level.
In addition to rivers and lakes, Hungary is rich in thermal and medicinal waters and springs. The continental climate, the high annual proportion of sunshine and the quality of the soil ensures favourable conditions for agriculture.
A Central European country, Hungary has borders with Austria, Croatia, Romania, Serbia and Montenegro, Slovakia, Slovenia, and Ukraine.
• Ease of doing business ranking: 471 • Economic freedom ranking: 442
Hungary was Singapore’s 40th largest trading partner in 2009 with total trade amounting to S$1.5 billion, up from S$1.3 billion in 20083.
Singapore-Hungary bilateral trade (S$ Thousands):
2008
2009
Imports
354,284
445,603
Exports
1,022,324
1,143,879
Total Trade
1,376,608
1,589,483
Source: IE Singapore's StatLink
1 World Bank Doing Business 2010 report 2 2009 Index of Economic Freedom 3 IE Singapore's StatLink
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Hungary is located in the Carpathian Basin of Central Europe, within easy reach of Western Europe. About two thirds of its territory is flat and lies less than 200 meters above sea level. 
