Global Trade Alert
Global Trade Alert

Hungary: Export ban and excise tax reduction on fuels

Announcement

09 Mar 2026

On 9 March 2026, the government of Hungary announced a reduction of excise taxes on gasoline and diesel to the EU minimum level and a ban on exports of crude oil and certain fuels to support domestic fuel consumers and safeguard energy supply.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Mar 2026

Revocation date:

No revocation date

Updated: 11 Mar 2026
Tax or social insurance relief In force

Recent update from 11 Mar 2026:

On 9 March 2026, the government of Hungary announced a HUF 19.2 (USD 0.06) reduction in the excise tax on gasoline to the EU minimum level, from HUF 158.8 (USD 0.46) per litre to HUF 139.5 (USD 0.4...

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Updated: 11 Mar 2026
Export ban In force

Recent update from 11 Mar 2026:

On 9 March 2026, the government of Hungary announced an export ban on crude oil, 95-octane gasoline and diesel. The measure will enter into force on 10 March 2026.

According to the press rele...

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