US trade with Hungary in the 2nd quarter of 2017

Published or Updated: Sep 28, 2017

The report on US foreign trade in goods with Hungary in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Hungary

In the 2nd quarter of 2017, US trade with Hungary was $1.8 billion, down 0.88% ($0.0 billion) from the 2nd quarter of 2016.

US exports to Hungary in the 2nd quarter of 2017 totaled $0.5 billion, up 11.62% ($0.1 billion) from the 2nd quarter of 2016.

US imports from Hungary in the 2nd quarter of 2017 were $1.3 billion, down 4.89% ($0.1 billion) from the 2nd quarter of 2016.

US trade deficit with Hungary in the 2nd quarter of 2017 was $0.8 billion, a 12.69% decrease ($0.1 billion) over the 2nd quarter of 2016.

Hungary was the US 53rd largest trading partner in the 2nd quarter of 2017 (down from 49th in the 2nd quarter of 2016), accounting for 0.1823% of US total trade (down from 0.1960% in the 2nd quarter of 2016).

Hungary was the US 60th largest export market in the 2nd quarter of 2017 (up from 62nd in the 2nd quarter of 2016), accounting for 0.1279% of US total exports (up from 0.1212% in the 2nd quarter of 2016).

Hungary was the US 46th largest supplier in the 2nd quarter of 2017 (down from 42nd in the 2nd quarter of 2016), accounting for 0.2170% of US total imports (down from 0.2444% in the 2nd quarter of 2016).

US Exports to Hungary

The major share of US exports to Hungary in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 82.17% of US total exports to Hungary (82.88% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.16% of US total exports to Hungary (5.87% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.58% of US total exports to Hungary (2.86% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.33% of US total exports to Hungary (1.19% in the 2nd quarter of 2016).

The largest gains in US exports to Hungary in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $32.6 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;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $3.5 million;
  • Pharmaceutical products (HS code 30) - an increase of $2.7 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $1.8 million;
  • Organic chemicals (HS code 29) - an increase of $1.7 million.

The largest declines in US exports to Hungary in the 2nd quarter of 2017 over the 2nd 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 $5.3 million.
US exports to Hungary in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 0.0 0.00 28.6-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 72.1 0.01 3.02,324.67
05 Products of animal origin, not elsewhere specified or included 378.0 0.08 521.7-27.54
07 Edible vegetables and certain roots and tubers 2,709.3 0.55 2,110.328.38
08 Edible fruit and nuts; peel of citrus fruit or melons 300.1 0.06 195.953.16
09 Coffee, tea, maté and spices 0.0 0.00 18.3-100.00
10 Cereals 0.0 0.00 11.7-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 7.0 0.00 12.3-43.33
13 Lac; gums, resins and other vegetable saps and extracts 37.7 0.01 26.542.40
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 48.0 0.01 36.531.49
17 Sugars and sugar confectionery 13.2 0.00 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 127.3-100.00
21 Miscellaneous edible preparations 1,188.6 0.24 1,016.916.89
22 Beverages, spirits and vinegar 1,082.9 0.22 842.728.51
23 Residues and waste from the food industries; prepared animal feed 93.5 0.02 90.33.59
24 Tobacco and manufactured tobacco substitutes 588.0 0.12 205.4186.30
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 119.6 0.02 109.88.95
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 379.0 0.08 395.6-4.19
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 765.6 0.16 878.1-12.82
29 Organic chemicals 3,722.0 0.76 1,987.987.23
30 Pharmaceutical products 5,464.8 1.11 2,795.995.46
31 Fertilizers 0.0 0.00 32.4-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,268.9 0.26 717.576.84
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,036.3 0.62 1,969.654.16
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 1,699.1 0.35 1,096.954.90
35 Albuminoidal substances; modified starches; glues; enzymes 683.6 0.14 271.9151.36
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 64.4 0.01 57.112.73
37 Photographic or cinematographic goods 2.7 0.00 10.2-73.37
38 Miscellaneous chemical products 4,891.2 0.99 3,047.260.51
39 Plastics and articles thereof 11,377.4 2.31 9,913.414.77
40 Rubber and articles thereof 2,243.4 0.46 3,082.2-27.21
41 Raw hides and skins (other than furskins) and leather 7.2 0.00 56.1-87.13
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 143.9 0.03 105.636.19
44 Wood and articles of wood; wood charcoal 282.6 0.06 111.4153.60
45 Cork and articles of cork 0.0 0.00 5.6-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 18.1 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 91.0 0.02 825.7-88.98
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,550.6 0.32 2,628.1-41.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,493.6 0.30 459.8224.82
50 Silk 12.4 0.00 0.0
52 Cotton 453.6 0.09 344.031.86
54 Man-made filaments 20.4 0.00 197.1-89.66
55 Man-made staple fibers 95.5 0.02 29.4225.14
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 842.5 0.17 50.61,563.96
57 Carpets and other textile floor coverings 0.0 0.00 3.6-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 6.4 0.00 11.5-44.43
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 778.7 0.16 766.81.55
60 Knitted or crocheted fabrics 128.7 0.03 122.55.05
61 Articles of apparel and clothing accessories, knitted or crocheted 25.3 0.01 17.743.05
62 Articles of apparel and clothing accessories, not knitted or crocheted 21.1 0.00 153.7-86.26
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 68.9 0.01 139.7-50.66
64 Footwear, gaiters and the like; parts of such articles 18.3 0.00 25.0-26.71
65 Headgear and parts thereof 111.5 0.02 17.6534.95
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 5.7 0.00 5.112.44
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,658.8 0.34 195.0750.81
69 Ceramic products 1,518.1 0.31 1,335.813.65
70 Glass and glassware 1,518.5 0.31 1,036.346.52
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 233.9 0.05 74.0215.95
72 Iron and steel 559.7 0.11 285.096.39
73 Articles of iron or steel 5,185.9 1.05 4,400.717.84
74 Copper and articles thereof 348.9 0.07 429.9-18.86
75 Nickel and articles thereof 1,324.9 0.27 1,558.0-14.96
76 Aluminum and articles thereof 348.8 0.07 299.916.33
78 Lead and articles thereof 0.0 0.00 3.0-100.00
79 Zinc and articles thereof 37.9 0.01 17.1122.43
81 Other base metals; cermets; articles thereof 1,260.7 0.26 1,480.8-14.86
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,265.8 0.26 1,264.20.13
83 Miscellaneous articles of base metal 2,379.5 0.48 2,853.9-16.62
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 242,724.9 49.35 210,150.815.50
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 64,855.4 13.19 65,226.5-0.57
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 34.5 0.01 23.348.26
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 35,977.0 7.31 41,298.7-12.89
88 Aircraft, spacecraft, and parts thereof 20,876.8 4.24 17,358.320.27
89 Ships, boats and floating structures 28.0 0.01 127.6-78.04
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 39,696.5 8.07 31,034.327.91
91 Clocks and watches and parts thereof 98.2 0.02 34.1188.09
92 Musical instruments; parts and accessories of such articles 98.9 0.02 157.5-37.21
93 Arms and ammunition; parts and accessories thereof 155.1 0.03 264.8-41.41
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 2,066.9 0.42 3,186.6-35.14
95 Toys, games and sports requisites; parts and accessories thereof 1,010.9 0.21 1,115.2-9.35
96 Miscellaneous manufactured articles 180.3 0.04 63.3184.62
97 Works of art, collectors’ pieces and antiques 81.0 0.02 712.5-88.64

US Imports from Hungary

The major share of US imports from Hungary in the 2nd quarter of 2017 (and in the 2nd 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 (83.39% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.72% of US total imports from Hungary (6.55% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.34% of US total imports from Hungary (1.05% in the 2nd quarter of 2016).

The largest gains in US imports from Hungary in the 2nd quarter of 2017 over the 2nd 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 $15.3 million.

The largest declines in US imports from Hungary in the 2nd quarter of 2017 over the 2nd 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 $71.9 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $30.1 million.
US imports from Hungary in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 386.7 0.03 299.229.26
02 Meat and edible meat offal 417.7 0.03 434.1-3.78
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 377.9 0.03 598.0-36.81
05 Products of animal origin, not elsewhere specified or included 844.1 0.06 913.3-7.57
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 14.0 0.00 15.5-9.51
07 Edible vegetables and certain roots and tubers 1,699.4 0.13 1,326.128.15
09 Coffee, tea, maté and spices 111.5 0.01 231.4-51.83
10 Cereals 0.0 0.00 83.7-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 138.0 0.01 223.3-38.18
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 63.1 0.00 80.3-21.36
17 Sugars and sugar confectionery 535.2 0.04 315.669.60
18 Cocoa and cocoa preparations 109.1 0.01 169.0-35.46
19 Preparations of cereals, flour, starch or milk; bakers’ wares 178.6 0.01 379.7-52.96
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,985.0 0.15 775.7155.89
21 Miscellaneous edible preparations 754.3 0.06 287.1162.74
22 Beverages, spirits and vinegar 948.8 0.07 854.111.08
23 Residues and waste from the food industries; prepared animal feed 4.4 0.00 4.17.57
24 Tobacco and manufactured tobacco substitutes 75.8 0.01 50.948.88
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 154.5 0.01 200.9-23.08
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 68.8 0.01 402.3-82.89
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5,668.4 0.43 4,424.128.13
29 Organic chemicals 29,997.8 2.30 28,543.95.09
30 Pharmaceutical products 4,360.8 0.33 5,530.3-21.15
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 155.0 0.01 98.058.24
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 17,647.1 1.35 17,258.52.25
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 3,547.1 0.27 1,020.9247.45
35 Albuminoidal substances; modified starches; glues; enzymes 152.1 0.01 16.5818.84
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 71.3 0.01 142.0-49.76
38 Miscellaneous chemical products 2,810.6 0.22 1,844.552.38
39 Plastics and articles thereof 18,686.0 1.43 16,761.011.48
40 Rubber and articles thereof 17,742.4 1.36 14,242.824.57
41 Raw hides and skins (other than furskins) and leather 14.6 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,304.1 0.18 2,033.413.32
43 Furskins and artificial fur; manufactures thereof 62.2 0.00 105.8-41.18
44 Wood and articles of wood; wood charcoal 1,601.0 0.12 1,839.5-12.96
45 Cork and articles of cork 0.0 0.00 6.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,569.9 0.12 2,251.5-30.28
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 793.3 0.06 269.5194.30
50 Silk 0.0 0.00 1.5-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 9.4 0.00 4.7101.67
52 Cotton 6.0 0.00 59.2-89.87
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 155.3 0.01 212.8-27.02
54 Man-made filaments 787.3 0.06 878.6-10.39
55 Man-made staple fibers 2,060.1 0.16 2,302.5-10.53
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 282.1 0.02 338.5-16.66
57 Carpets and other textile floor coverings 227.9 0.02 458.8-50.34
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 18.8 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,485.0 0.27 1,102.8216.01
60 Knitted or crocheted fabrics 0.5 0.00 4.6-89.77
61 Articles of apparel and clothing accessories, knitted or crocheted 543.1 0.04 606.6-10.47
62 Articles of apparel and clothing accessories, not knitted or crocheted 7,166.9 0.55 6,782.25.67
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 329.7 0.03 215.353.16
64 Footwear, gaiters and the like; parts of such articles 2,343.3 0.18 1,467.959.64
65 Headgear and parts thereof 39.0 0.00 37.34.55
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 0.8-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 0.3-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 7,637.3 0.58 6,409.119.16
69 Ceramic products 2,898.5 0.22 3,638.3-20.33
70 Glass and glassware 2,937.7 0.22 2,554.515.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,024.0 0.08 498.5105.42
72 Iron and steel 177.1 0.01 97.781.36
73 Articles of iron or steel 3,705.6 0.28 2,800.432.32
74 Copper and articles thereof 655.9 0.05 401.363.43
75 Nickel and articles thereof 40.1 0.00 12.2228.41
76 Aluminum and articles thereof 766.8 0.06 786.4-2.48
79 Zinc and articles thereof 64.8 0.00 103.6-37.44
80 Tin and articles thereof 58.4 0.00 19.9193.60
81 Other base metals; cermets; articles thereof 681.2 0.05 275.9146.86
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,682.4 0.28 3,224.414.20
83 Miscellaneous articles of base metal 1,652.1 0.13 2,052.1-19.49
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 335,222.7 25.67 365,350.9-8.25
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 263,995.5 20.21 248,723.56.14
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 3,472.1 0.27 1,700.1104.23
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 361,760.6 27.70 433,701.6-16.59
88 Aircraft, spacecraft, and parts thereof 54.8 0.00 39.040.37
89 Ships, boats and floating structures 11.9 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 94,075.5 7.20 95,691.3-1.69
91 Clocks and watches and parts thereof 42.5 0.00 84.8-49.83
92 Musical instruments; parts and accessories of such articles 20.3 0.00 12.168.32
93 Arms and ammunition; parts and accessories thereof 646.5 0.05 2,269.4-71.51
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 10,583.2 0.81 10,699.8-1.09
95 Toys, games and sports requisites; parts and accessories thereof 8,086.1 0.62 8,493.0-4.79
96 Miscellaneous manufactured articles 101.2 0.01 252.6-59.93
97 Works of art, collectors’ pieces and antiques 3,162.7 0.24 965.4227.60
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce