The Export Potential of Hungarian Agriculture and the Issue of Added Value between the two World Wars

Schlett, András (2024) The Export Potential of Hungarian Agriculture and the Issue of Added Value between the two World Wars. HUNGARIAN HISTORICAL REVIEW: NEW SERIES OF ACTA HISTORICA ACADEMIAE SCIENTIARIUM HUNGARICAE, 13 (3). pp. 446-470. ISSN 2063-8647

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Abstract

This study presents developments concerning Hungarian agricultural exports during a period when the production structure changed significantly and the international agricultural market changed fundamentally. As a result of the Treaty of Trianon, the market and logistic networks developed over the previous centuries had changed significantly, and new actors came to play increasingly prominent roles in trade relations in the Danubian Basin. Hungary, with its small consumer market but significant agricultural potential, had been fundamentally dependent on the value of its agriculture produce on foreign markets. However, the reorganization of the international market quickly brought to the surface the contradictions and structural imbalances of Hungary’s massive agricultural production. Analyses of the agricultural history of the past century repeatedly revealed the problematic nature of the low value-added production of Hungarian agriculture.

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