US trade with Hungary in the 1st quarter of 2017

Published or Updated: Aug 02, 2017

The report on US foreign trade in goods with Hungary in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Hungary

In the 1st quarter of 2017, US trade with Hungary was $1.7 billion, down 4.89% ($0.1 billion) from the 1st quarter of 2016.

US exports to Hungary in the 1st quarter of 2017 totaled $0.5 billion, up 0.70% ($0.0 billion) from the 1st quarter of 2016.

US imports from Hungary in the 1st quarter of 2017 were $1.2 billion, down 6.98% ($0.1 billion) from the 1st quarter of 2016.

US trade deficit with Hungary in the 1st quarter of 2017 was $0.7 billion, a 11.59% decrease ($0.1 billion) over the 1st quarter of 2016.

Hungary was the US 53rd largest trading partner in the 1st quarter of 2017 (down from 49th in the 1st quarter of 2016), accounting for 0.1818% of US total trade (down from 0.2050% in the 1st quarter of 2016).

Hungary was the US 60th largest export market in the 1st quarter of 2017 (down from 56th in the 1st quarter of 2016), accounting for 0.1322% of US total exports (down from 0.1408% in the 1st quarter of 2016).

Hungary was the US 46th largest supplier in the 1st quarter of 2017 (down from 40th in the 1st quarter of 2016), accounting for 0.2145% of US total imports (down from 0.2472% in the 1st quarter of 2016).

US Exports to Hungary

The major share of US exports to Hungary in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 78.82% of US total exports to Hungary (81.02% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.33% of US total exports to Hungary (5.15% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.43% of US total exports to Hungary (2.90% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.58% of US total exports to Hungary (3.50% in the 1st quarter of 2016).

The largest gains in US exports to Hungary in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $20.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $13.7 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $12.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $7.3 million;
  • Plastics and articles thereof (HS code 39) - an increase of $4.3 million;
  • Organic chemicals (HS code 29) - an increase of $2.9 million;
  • Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - an increase of $2.0 million.

The largest declines in US exports to Hungary in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $48.9 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $5.0 million;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $4.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $2.2 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $1.5 million.
US exports to Hungary in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 7.7 0.00 4.570.84
03 Fish and crustaceans, molluscs and other aquatic invertebrates 6.0 0.00 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 10.4 0.00 7.146.26
05 Products of animal origin, not elsewhere specified or included 554.0 0.11 542.82.06
07 Edible vegetables and certain roots and tubers 7,228.7 1.47 11,336.4-36.23
08 Edible fruit and nuts; peel of citrus fruit or melons 345.2 0.07 325.66.01
09 Coffee, tea, maté and spices 20.6 0.00 19.93.80
10 Cereals 479.6 0.10 98.2388.45
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,170.9 0.44 2,719.6-20.18
13 Lac; gums, resins and other vegetable saps and extracts 15.3 0.00 18.0-14.97
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 7.2 0.00 49.9-85.57
17 Sugars and sugar confectionery 6.0 0.00 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 6.7 0.00 116.0-94.19
21 Miscellaneous edible preparations 967.9 0.20 872.710.91
22 Beverages, spirits and vinegar 526.9 0.11 904.7-41.76
23 Residues and waste from the food industries; prepared animal feed 165.8 0.03 107.554.20
24 Tobacco and manufactured tobacco substitutes 175.3 0.04 9.61,726.04
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 82.2 0.02 46.078.88
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 422.8 0.09 431.4-2.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,110.9 0.23 636.974.44
29 Organic chemicals 5,157.4 1.05 2,254.2128.79
30 Pharmaceutical products 2,019.3 0.41 3,178.3-36.47
31 Fertilizers 36.8 0.01 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,052.3 0.21 785.334.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,409.7 0.49 2,151.412.01
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 3,411.1 0.69 2,065.565.14
35 Albuminoidal substances; modified starches; glues; enzymes 2,141.4 0.43 175.01,124.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 67.3 0.01 119.8-43.88
37 Photographic or cinematographic goods 22.2 0.00 142.5-84.46
38 Miscellaneous chemical products 3,394.3 0.69 2,168.256.55
39 Plastics and articles thereof 13,443.8 2.73 9,188.846.31
40 Rubber and articles thereof 1,854.4 0.38 2,341.8-20.81
41 Raw hides and skins (other than furskins) and leather 84.3 0.02 21.9284.97
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 162.8 0.03 79.3105.18
44 Wood and articles of wood; wood charcoal 75.6 0.02 124.2-39.15
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 24.8-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 32.9 0.01 816.0-95.96
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,216.8 0.45 2,960.4-25.12
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,503.2 0.31 488.0208.05
52 Cotton 153.5 0.03 774.6-80.19
54 Man-made filaments 20.2 0.00 26.7-24.57
55 Man-made staple fibers 32.8 0.01 4.3663.52
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 901.4 0.18 283.8217.60
57 Carpets and other textile floor coverings 0.0 0.00 7.7-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 30.2 0.01 52.3-42.20
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 426.3 0.09 420.01.52
60 Knitted or crocheted fabrics 82.3 0.02 236.4-65.18
61 Articles of apparel and clothing accessories, knitted or crocheted 52.6 0.01 61.5-14.49
62 Articles of apparel and clothing accessories, not knitted or crocheted 66.2 0.01 65.31.46
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 60.5 0.01 176.3-65.69
64 Footwear, gaiters and the like; parts of such articles 10.0 0.00 50.4-80.19
65 Headgear and parts thereof 12.5 0.00 11.67.21
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 2.5 0.00 2.8-10.18
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,165.1 0.24 836.439.29
69 Ceramic products 1,854.9 0.38 967.391.75
70 Glass and glassware 2,089.2 0.42 1,149.581.75
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 76.0 0.02 184.3-58.77
72 Iron and steel 326.4 0.07 463.9-29.65
73 Articles of iron or steel 12,654.4 2.57 5,319.8137.87
74 Copper and articles thereof 770.9 0.16 481.060.26
75 Nickel and articles thereof 1,450.1 0.29 844.171.80
76 Aluminum and articles thereof 356.2 0.07 620.1-42.56
79 Zinc and articles thereof 5.4 0.00 18.6-70.84
80 Tin and articles thereof 0.0 0.00 2.9-100.00
81 Other base metals; cermets; articles thereof 1,265.4 0.26 1,011.225.14
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,934.6 0.39 1,396.838.50
83 Miscellaneous articles of base metal 3,084.0 0.63 4,023.0-23.34
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 195,453.3 39.68 244,343.4-20.01
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 77,100.3 15.65 57,112.735.00
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 21.7 0.00 4.0443.90
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 46,495.0 9.44 51,538.7-9.79
88 Aircraft, spacecraft, and parts thereof 25,855.1 5.25 13,639.689.56
89 Ships, boats and floating structures 3.0 0.00 70.6-95.75
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 43,372.6 8.80 29,624.446.41
91 Clocks and watches and parts thereof 25.5 0.01 20.723.71
92 Musical instruments; parts and accessories of such articles 90.3 0.02 168.8-46.50
93 Arms and ammunition; parts and accessories thereof 440.1 0.09 263.966.78
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 2,074.0 0.42 3,567.2-41.86
95 Toys, games and sports requisites; parts and accessories thereof 924.0 0.19 859.97.45
96 Miscellaneous manufactured articles 168.6 0.03 60.9176.73
97 Works of art, collectors’ pieces and antiques 10.4 0.00 2,242.0-99.53

US Imports from Hungary

The major share of US imports from Hungary in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 81.05% of US total imports from Hungary (82.29% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.90% of US total imports from Hungary (7.23% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.08% of US total imports from Hungary (1.20% in the 1st quarter of 2016).

The largest gains in US imports from Hungary in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $56.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $53.7 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $8.7 million;
  • Organic chemicals (HS code 29) - an increase of $3.9 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $3.7 million.

The largest declines in US imports from Hungary in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $211.1 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $4.5 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $3.9 million.
US imports from Hungary in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 312.0 0.03 297.74.80
02 Meat and edible meat offal 454.4 0.04 308.447.32
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 378.5 0.03 565.3-33.04
05 Products of animal origin, not elsewhere specified or included 1,228.0 0.10 77.91,476.26
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 11.4 0.00 3.4241.04
07 Edible vegetables and certain roots and tubers 1,607.9 0.13 1,593.80.89
09 Coffee, tea, maté and spices 142.0 0.01 120.717.65
10 Cereals 0.0 0.00 34.4-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 484.1 0.04 510.0-5.07
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 18.7-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 57.4 0.00 89.5-35.87
17 Sugars and sugar confectionery 459.7 0.04 374.422.78
18 Cocoa and cocoa preparations 228.1 0.02 197.115.77
19 Preparations of cereals, flour, starch or milk; bakers’ wares 219.4 0.02 92.0138.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,157.5 0.18 772.6179.26
21 Miscellaneous edible preparations 231.3 0.02 679.1-65.94
22 Beverages, spirits and vinegar 731.8 0.06 789.3-7.28
23 Residues and waste from the food industries; prepared animal feed 4.5 0.00 3.434.74
24 Tobacco and manufactured tobacco substitutes 82.6 0.01 33.8144.38
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 85.2 0.01 61.738.26
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 287.7 0.02 184.056.38
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,176.7 0.34 4,691.0-10.96
29 Organic chemicals 27,722.9 2.29 23,813.716.42
30 Pharmaceutical products 4,685.9 0.39 7,195.8-34.88
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 231.1 0.02 211.59.27
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 18,782.8 1.55 16,605.913.11
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 4,589.6 0.38 2,534.081.12
35 Albuminoidal substances; modified starches; glues; enzymes 122.9 0.01 0.0
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 107.1 0.01 229.8-53.40
38 Miscellaneous chemical products 1,527.8 0.13 1,084.340.90
39 Plastics and articles thereof 17,373.3 1.43 17,536.5-0.93
40 Rubber and articles thereof 16,565.6 1.37 20,418.7-18.87
41 Raw hides and skins (other than furskins) and leather 6.1 0.00 6.2-3.12
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,055.9 0.17 1,957.45.03
43 Furskins and artificial fur; manufactures thereof 15.3 0.00 66.5-76.99
44 Wood and articles of wood; wood charcoal 643.9 0.05 760.9-15.38
45 Cork and articles of cork 4.7 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,675.2 0.14 2,047.4-18.18
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 134.7 0.01 309.1-56.43
50 Silk 0.0 0.00 1.4-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 19.3 0.00 5.3264.05
52 Cotton 22.5 0.00 124.4-81.90
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 133.1 0.01 182.4-27.01
54 Man-made filaments 699.1 0.06 422.165.65
55 Man-made staple fibers 2,411.3 0.20 2,111.214.21
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 350.3 0.03 1,008.5-65.26
57 Carpets and other textile floor coverings 290.5 0.02 419.6-30.77
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 73.6-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,007.7 0.08 2,947.6-65.81
61 Articles of apparel and clothing accessories, knitted or crocheted 704.1 0.06 830.5-15.22
62 Articles of apparel and clothing accessories, not knitted or crocheted 5,352.7 0.44 6,016.1-11.03
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 442.4 0.04 263.168.12
64 Footwear, gaiters and the like; parts of such articles 1,512.9 0.12 1,136.033.18
65 Headgear and parts thereof 102.8 0.01 67.751.74
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.8 0.00 3.9-52.20
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 7,007.7 0.58 11,536.5-39.26
69 Ceramic products 3,453.0 0.28 2,857.220.85
70 Glass and glassware 1,991.3 0.16 2,355.1-15.45
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 777.3 0.06 481.361.52
72 Iron and steel 105.4 0.01 171.6-38.57
73 Articles of iron or steel 2,717.7 0.22 4,208.1-35.42
74 Copper and articles thereof 534.7 0.04 661.7-19.19
75 Nickel and articles thereof 47.7 0.00 12.4285.45
76 Aluminum and articles thereof 711.3 0.06 972.1-26.82
79 Zinc and articles thereof 72.3 0.01 21.9229.99
80 Tin and articles thereof 41.8 0.00 25.861.96
81 Other base metals; cermets; articles thereof 931.4 0.08 651.442.98
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,296.8 0.27 2,690.322.54
83 Miscellaneous articles of base metal 1,632.6 0.13 2,288.6-28.66
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 378,222.5 31.18 324,550.416.54
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 272,911.9 22.50 216,362.026.14
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 4,272.7 0.35 2,425.776.14
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 221,938.3 18.29 433,045.9-48.75
88 Aircraft, spacecraft, and parts thereof 359.1 0.03 10.23,411.65
89 Ships, boats and floating structures 2.4 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 105,533.1 8.70 96,853.08.96
91 Clocks and watches and parts thereof 46.4 0.00 67.8-31.51
92 Musical instruments; parts and accessories of such articles 16.5 0.00 40.9-59.73
93 Arms and ammunition; parts and accessories thereof 1,065.1 0.09 3,828.3-72.18
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 14,539.4 1.20 10,806.434.54
95 Toys, games and sports requisites; parts and accessories thereof 8,874.9 0.73 10,326.3-14.05
96 Miscellaneous manufactured articles 50.7 0.00 247.8-79.54
97 Works of art, collectors’ pieces and antiques 2,518.1 0.21 3,166.1-20.47
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce