US trade with Hungary in the first half of 2017

Published or Updated: Oct 24, 2017

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

US Trade with Hungary

In the first half of 2017, US trade with Hungary was $3.5 billion, down 2.87% ($0.1 billion) from the first half of 2016.

US exports to Hungary in the first half of 2017 totaled $1.0 billion, up 5.88% ($0.1 billion) from the first half of 2016.

US imports from Hungary in the first half of 2017 were $2.5 billion, down 5.91% ($0.2 billion) from the first half of 2016.

US trade deficit with Hungary in the first half of 2017 was $1.5 billion, a 12.18% decrease ($0.2 billion) over the first half of 2016.

Hungary was the US 52nd largest trading partner in the first half of 2017 (down from 49th in the first half of 2016), accounting for 0.1821% of US total trade (down from 0.2003% in the first half of 2016).

Hungary was the US 61st largest export market in the first half of 2017 (down from 59th in the first half of 2016), accounting for 0.1300% of US total exports (down from 0.1308% in the first half of 2016).

Hungary was the US 46th largest supplier in the first half of 2017 (down from 40th in the first half of 2016), accounting for 0.2158% of US total imports (down from 0.2457% in the first half of 2016).

US Exports to Hungary

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 80.50% of US total exports to Hungary (81.90% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 7.25% of US total exports to Hungary (5.49% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 3.51% of US total exports to Hungary (2.88% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.95% of US total exports to Hungary (2.41% in the first half of 2016).

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

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $22.4 million;
  • 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 $19.6 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $15.7 million;
  • Articles of iron or steel (HS code 73) - an increase of $8.1 million;
  • Plastics and articles thereof (HS code 39) - an increase of $5.7 million;
  • Organic chemicals (HS code 29) - an increase of $4.6 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $3.1 million.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $16.3 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $10.4 million;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $3.5 million.
US exports to Hungary in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 7.7 0.00 33.1-76.81
03 Fish and crustaceans, molluscs and other aquatic invertebrates 78.2 0.01 3.02,527.60
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 932.0 0.09 1,064.5-12.45
07 Edible vegetables and certain roots and tubers 9,938.0 1.01 13,446.7-26.09
08 Edible fruit and nuts; peel of citrus fruit or melons 645.2 0.07 521.523.72
09 Coffee, tea, maté and spices 20.6 0.00 38.2-46.01
10 Cereals 479.6 0.05 109.9336.44
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,177.9 0.22 2,731.9-20.28
13 Lac; gums, resins and other vegetable saps and extracts 53.0 0.01 44.419.20
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 55.2 0.01 86.4-36.08
17 Sugars and sugar confectionery 19.2 0.00 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 6.7 0.00 243.2-97.23
21 Miscellaneous edible preparations 2,156.5 0.22 1,889.514.13
22 Beverages, spirits and vinegar 1,609.8 0.16 1,747.4-7.87
23 Residues and waste from the food industries; prepared animal feed 259.3 0.03 197.831.10
24 Tobacco and manufactured tobacco substitutes 763.3 0.08 215.0255.06
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 201.8 0.02 155.729.59
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 801.8 0.08 827.0-3.05
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,876.5 0.19 1,515.023.86
29 Organic chemicals 8,879.4 0.90 4,242.1109.32
30 Pharmaceutical products 7,484.1 0.76 5,974.225.27
31 Fertilizers 36.8 0.00 32.413.52
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,321.2 0.24 1,502.854.46
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5,446.1 0.55 4,120.932.16
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 5,110.1 0.52 3,162.461.59
35 Albuminoidal substances; modified starches; glues; enzymes 2,825.0 0.29 446.9532.13
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 131.6 0.01 176.9-25.61
37 Photographic or cinematographic goods 24.9 0.00 152.7-83.72
38 Miscellaneous chemical products 8,285.5 0.84 5,215.458.87
39 Plastics and articles thereof 24,821.2 2.52 19,102.129.94
40 Rubber and articles thereof 4,097.8 0.42 5,424.0-24.45
41 Raw hides and skins (other than furskins) and leather 91.6 0.01 78.017.40
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 306.7 0.03 185.065.79
44 Wood and articles of wood; wood charcoal 358.2 0.04 235.751.98
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 24.8-27.08
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 123.9 0.01 1,641.6-92.45
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3,767.4 0.38 5,588.5-32.59
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2,996.8 0.30 947.8216.19
50 Silk 12.4 0.00 0.0
52 Cotton 607.1 0.06 1,118.6-45.73
54 Man-made filaments 40.5 0.00 223.8-81.89
55 Man-made staple fibers 128.2 0.01 33.6281.03
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,743.9 0.18 334.4421.44
57 Carpets and other textile floor coverings 0.0 0.00 11.3-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 36.6 0.00 63.8-42.60
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,205.0 0.12 1,186.81.54
60 Knitted or crocheted fabrics 211.0 0.02 359.0-41.21
61 Articles of apparel and clothing accessories, knitted or crocheted 77.9 0.01 79.2-1.66
62 Articles of apparel and clothing accessories, not knitted or crocheted 87.4 0.01 218.9-60.10
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 129.4 0.01 316.0-59.05
64 Footwear, gaiters and the like; parts of such articles 28.3 0.00 75.3-62.47
65 Headgear and parts thereof 124.0 0.01 29.2324.55
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 8.2 0.00 7.84.40
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2,823.9 0.29 1,031.4173.79
69 Ceramic products 3,373.1 0.34 2,303.146.46
70 Glass and glassware 3,607.6 0.37 2,185.865.05
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 309.9 0.03 258.319.95
72 Iron and steel 886.0 0.09 748.918.31
73 Articles of iron or steel 17,840.2 1.81 9,720.583.53
74 Copper and articles thereof 1,119.7 0.11 910.922.92
75 Nickel and articles thereof 2,775.1 0.28 2,402.115.53
76 Aluminum and articles thereof 705.0 0.07 920.0-23.37
78 Lead and articles thereof 0.0 0.00 3.0-100.00
79 Zinc and articles thereof 43.3 0.00 35.621.62
80 Tin and articles thereof 0.0 0.00 2.9-100.00
81 Other base metals; cermets; articles thereof 2,526.2 0.26 2,492.01.37
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,200.4 0.33 2,661.020.27
83 Miscellaneous articles of base metal 5,463.5 0.55 6,876.8-20.55
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 438,178.2 44.51 454,494.2-3.59
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 141,955.7 14.42 122,339.216.03
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 56.3 0.01 27.3106.21
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 82,472.1 8.38 92,837.3-11.16
88 Aircraft, spacecraft, and parts thereof 46,731.9 4.75 30,997.950.76
89 Ships, boats and floating structures 31.0 0.00 198.2-84.35
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 83,069.1 8.44 60,658.736.94
91 Clocks and watches and parts thereof 123.7 0.01 54.7126.06
92 Musical instruments; parts and accessories of such articles 189.2 0.02 326.3-42.02
93 Arms and ammunition; parts and accessories thereof 595.2 0.06 528.612.60
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 4,140.9 0.42 6,753.8-38.69
95 Toys, games and sports requisites; parts and accessories thereof 1,935.0 0.20 1,975.2-2.03
96 Miscellaneous manufactured articles 348.9 0.04 124.3180.75
97 Works of art, collectors’ pieces and antiques 91.4 0.01 2,954.4-96.91

US Imports from Hungary

The major share of US imports from Hungary in the first half of 2017 (and in the first half 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 (82.86% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 7.81% of US total imports from Hungary (6.88% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.21% of US total imports from Hungary (1.12% in the first half of 2016).

The largest gains in US imports from Hungary in the first half of 2017 over the first half 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 $71.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $23.5 million.

The largest declines in US imports from Hungary in the first half of 2017 over the first half 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 $283.0 million.
US imports from Hungary in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 698.7 0.03 596.917.06
02 Meat and edible meat offal 872.1 0.03 742.517.44
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 756.4 0.03 1,163.3-34.98
05 Products of animal origin, not elsewhere specified or included 2,072.1 0.08 991.2109.06
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 25.4 0.00 18.835.04
07 Edible vegetables and certain roots and tubers 3,307.3 0.13 2,920.013.27
09 Coffee, tea, maté and spices 253.4 0.01 352.1-28.02
10 Cereals 0.0 0.00 118.1-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 622.2 0.02 733.3-15.15
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 120.5 0.00 169.7-29.01
17 Sugars and sugar confectionery 994.8 0.04 690.044.19
18 Cocoa and cocoa preparations 337.2 0.01 366.0-7.88
19 Preparations of cereals, flour, starch or milk; bakers’ wares 398.0 0.02 471.7-15.61
20 Preparations of vegetables, fruit, nuts or other parts of plants 4,142.5 0.16 1,548.3167.55
21 Miscellaneous edible preparations 985.7 0.04 966.22.01
22 Beverages, spirits and vinegar 1,680.6 0.07 1,643.42.26
23 Residues and waste from the food industries; prepared animal feed 8.9 0.00 7.419.83
24 Tobacco and manufactured tobacco substitutes 158.5 0.01 84.786.98
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 239.7 0.01 262.5-8.67
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 356.5 0.01 586.3-39.19
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 9,845.1 0.39 9,115.18.01
29 Organic chemicals 57,720.7 2.29 52,357.710.24
30 Pharmaceutical products 9,046.7 0.36 12,726.1-28.91
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 386.2 0.02 309.524.77
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 36,429.8 1.45 33,864.37.58
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 8,136.7 0.32 3,554.9128.89
35 Albuminoidal substances; modified starches; glues; enzymes 274.9 0.01 16.51,561.31
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 178.4 0.01 371.8-52.01
38 Miscellaneous chemical products 4,338.4 0.17 2,928.748.13
39 Plastics and articles thereof 36,059.2 1.43 34,297.55.14
40 Rubber and articles thereof 34,308.0 1.36 34,661.6-1.02
41 Raw hides and skins (other than furskins) and leather 20.6 0.00 6.2230.46
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4,360.0 0.17 3,990.79.25
43 Furskins and artificial fur; manufactures thereof 77.5 0.00 172.3-55.01
44 Wood and articles of wood; wood charcoal 2,244.9 0.09 2,600.3-13.67
45 Cork and articles of cork 4.7 0.00 6.6-28.48
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3,245.1 0.13 4,299.0-24.51
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 927.9 0.04 578.660.37
50 Silk 0.0 0.00 2.9-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 28.7 0.00 10.0188.01
52 Cotton 28.5 0.00 183.6-84.47
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 288.5 0.01 395.2-27.02
54 Man-made filaments 1,486.4 0.06 1,300.614.28
55 Man-made staple fibers 4,471.3 0.18 4,413.71.31
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 632.5 0.03 1,347.1-53.05
57 Carpets and other textile floor coverings 518.4 0.02 878.5-40.99
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 18.8 0.00 73.6-74.39
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 4,492.7 0.18 4,050.410.92
60 Knitted or crocheted fabrics 0.5 0.00 4.6-89.77
61 Articles of apparel and clothing accessories, knitted or crocheted 1,247.2 0.05 1,437.1-13.22
62 Articles of apparel and clothing accessories, not knitted or crocheted 12,519.7 0.50 12,798.4-2.18
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 772.0 0.03 478.461.39
64 Footwear, gaiters and the like; parts of such articles 3,856.1 0.15 2,603.948.09
65 Headgear and parts thereof 141.8 0.01 105.034.98
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.8 0.00 4.7-60.46
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 14,645.0 0.58 17,945.6-18.39
69 Ceramic products 6,351.6 0.25 6,495.5-2.22
70 Glass and glassware 4,929.0 0.20 4,909.60.39
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,801.3 0.07 979.783.86
72 Iron and steel 282.6 0.01 269.34.92
73 Articles of iron or steel 6,423.3 0.25 7,008.5-8.35
74 Copper and articles thereof 1,190.6 0.05 1,063.012.00
75 Nickel and articles thereof 87.8 0.00 24.6257.10
76 Aluminum and articles thereof 1,478.2 0.06 1,758.5-15.94
79 Zinc and articles thereof 137.1 0.01 125.59.22
80 Tin and articles thereof 100.2 0.00 45.7119.27
81 Other base metals; cermets; articles thereof 1,612.6 0.06 927.473.89
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6,979.2 0.28 5,914.818.00
83 Miscellaneous articles of base metal 3,284.8 0.13 4,340.7-24.33
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 713,445.2 28.32 689,901.33.41
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 536,907.4 21.31 465,085.515.44
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 7,744.8 0.31 4,125.987.71
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 583,698.9 23.17 866,747.5-32.66
88 Aircraft, spacecraft, and parts thereof 413.9 0.02 49.3739.98
89 Ships, boats and floating structures 14.3 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 199,608.5 7.92 192,544.33.67
91 Clocks and watches and parts thereof 89.0 0.00 152.6-41.69
92 Musical instruments; parts and accessories of such articles 36.8 0.00 53.0-30.57
93 Arms and ammunition; parts and accessories thereof 1,711.6 0.07 6,097.7-71.93
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 25,122.6 1.00 21,506.116.82
95 Toys, games and sports requisites; parts and accessories thereof 16,961.1 0.67 18,819.3-9.87
96 Miscellaneous manufactured articles 151.9 0.01 500.4-69.64
97 Works of art, collectors’ pieces and antiques 5,680.8 0.23 4,131.537.50
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce