US trade with Hungary in the 3rd quarter of 2017

Published or Updated: Jun 04, 2018

The report on US foreign trade in goods with Hungary in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Hungary

In the 3rd quarter of 2017, US trade with Hungary totaled $1.7 billion, up 0.47% ($0.0 billion) from the 3rd quarter of 2016.

US exports to Hungary in the 3rd quarter of 2017 totaled $0.5 billion, up 13.53% ($0.1 billion) from the 3rd quarter of 2016.

US imports from Hungary in the 3rd quarter of 2017 were $1.3 billion, down 3.43% ($0.0 billion) from the 3rd quarter of 2016.

US trade deficit with Hungary in the 3rd quarter of 2017 was $0.8 billion, a 10.66% decrease ($0.1 billion) over the 3rd quarter of 2016.

Hungary was the US 53rd largest trading partner in the 3rd quarter of 2017 (down from 50th in the 3rd quarter of 2016), accounting for 0.1762% of US total trade (down from 0.2111% in the 3rd quarter of 2016).

Hungary was the US 60th largest export market in the 3rd quarter of 2017 (up from 64th in the 3rd quarter of 2016), accounting for 0.1185% of US total exports (up from 0.1149% in the 3rd quarter of 2016).

Hungary was the US 46th largest supplier in the 3rd quarter of 2017 (down from 43rd in the 3rd quarter of 2016), accounting for 0.2125% of US total imports (down from 0.2814% in the 3rd quarter of 2016).

US Exports to Hungary

The major share of US exports to Hungary in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 81.78% of US total exports to Hungary (81.84% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.73% of US total exports to Hungary (6.50% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.52% of US total exports to Hungary (3.39% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.12% of US total exports to Hungary (1.19% in the 3rd quarter of 2016).

The largest gains in US exports to Hungary in the 3rd quarter of 2017 over the 3rd 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 $12.2 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $12.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $11.2 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $5.1 million;
  • Pharmaceutical products (HS code 30) - an increase of $4.4 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 $3.3 million;
  • Organic chemicals (HS code 29) - an increase of $3.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $2.8 million;
  • Rubber and articles thereof (HS code 40) - an increase of $1.6 million.

The largest declines in US exports to Hungary in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US exports to Hungary in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 20.5 0.00 12.267.96
02 Meat and edible meat offal 6.9 0.00 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 55.5-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 18.3-100.00
05 Products of animal origin, not elsewhere specified or included 198.2 0.04 224.1-11.57
07 Edible vegetables and certain roots and tubers 938.0 0.21 674.139.14
08 Edible fruit and nuts; peel of citrus fruit or melons 142.1 0.03 0.0
09 Coffee, tea, maté and spices 16.4 0.00 10.359.88
10 Cereals 11.7 0.00 5.6108.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 7.1-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 22.4 0.00 118.1-81.04
13 Lac; gums, resins and other vegetable saps and extracts 6.2 0.00 19.6-68.14
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 87.0 0.02 71.921.04
17 Sugars and sugar confectionery 10.6 0.00 0.0
18 Cocoa and cocoa preparations 0.0 0.00 19.8-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 9.2-100.00
21 Miscellaneous edible preparations 1,102.7 0.24 1,539.9-28.39
22 Beverages, spirits and vinegar 1,844.8 0.41 1,398.831.88
23 Residues and waste from the food industries; prepared animal feed 103.0 0.02 179.6-42.65
24 Tobacco and manufactured tobacco substitutes 557.5 0.12 376.548.08
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 189.8 0.04 102.285.70
26 Ores, slag and ash 0.0 0.00 150.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 408.9 0.09 314.829.87
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 633.0 0.14 925.4-31.59
29 Organic chemicals 5,045.8 1.12 1,852.3172.41
30 Pharmaceutical products 6,568.6 1.45 2,181.3201.13
31 Fertilizers 0.0 0.00 29.9-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,103.3 0.24 727.751.61
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,051.5 0.68 2,158.841.35
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 571.9 0.13 1,257.9-54.54
35 Albuminoidal substances; modified starches; glues; enzymes 802.6 0.18 429.486.93
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 577.7 0.13 81.4609.30
37 Photographic or cinematographic goods 0.0 0.00 48.6-100.00
38 Miscellaneous chemical products 2,212.8 0.49 3,233.9-31.58
39 Plastics and articles thereof 10,944.3 2.42 11,093.8-1.35
40 Rubber and articles thereof 3,448.0 0.76 1,861.885.20
41 Raw hides and skins (other than furskins) and leather 19.7 0.00 17.810.82
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 59.1 0.01 39.549.59
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 36.2-100.00
44 Wood and articles of wood; wood charcoal 112.4 0.02 471.3-76.16
45 Cork and articles of cork 4.3 0.00 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 34.0 0.01 22.550.90
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 108.6 0.02 351.2-69.08
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 910.2 0.20 2,180.0-58.25
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 441.9 0.10 437.80.94
52 Cotton 278.0 0.06 318.8-12.79
54 Man-made filaments 55.8 0.01 69.8-20.06
55 Man-made staple fibers 69.5 0.02 70.5-1.40
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 239.3 0.05 392.1-38.96
57 Carpets and other textile floor coverings 2.6 0.00 7.1-62.98
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 25.1 0.01 18.138.63
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 364.2 0.08 424.6-14.22
60 Knitted or crocheted fabrics 145.4 0.03 152.3-4.54
61 Articles of apparel and clothing accessories, knitted or crocheted 104.9 0.02 91.914.08
62 Articles of apparel and clothing accessories, not knitted or crocheted 33.5 0.01 135.7-75.32
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 170.4 0.04 120.741.16
64 Footwear, gaiters and the like; parts of such articles 28.0 0.01 15.383.16
65 Headgear and parts thereof 8.8 0.00 13.6-35.64
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 6.0 0.00 5.91.52
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,216.3 0.27 1,146.66.08
69 Ceramic products 1,705.0 0.38 1,124.951.58
70 Glass and glassware 1,080.7 0.24 1,175.3-8.05
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 123.2 0.03 72.769.49
72 Iron and steel 381.5 0.08 322.618.27
73 Articles of iron or steel 6,671.1 1.48 3,865.872.57
74 Copper and articles thereof 420.5 0.09 366.614.69
75 Nickel and articles thereof 1,263.0 0.28 1,408.7-10.35
76 Aluminum and articles thereof 536.9 0.12 833.1-35.55
78 Lead and articles thereof 5.4 0.00 0.0
79 Zinc and articles thereof 79.8 0.02 58.636.06
81 Other base metals; cermets; articles thereof 2,180.1 0.48 1,328.164.16
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,768.4 0.39 2,516.9-29.74
83 Miscellaneous articles of base metal 2,591.4 0.57 2,790.1-7.12
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 198,752.6 43.97 186,525.36.56
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 65,945.3 14.59 62,612.75.32
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 81.1 0.02 20.0305.27
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 34,904.1 7.72 29,771.917.24
88 Aircraft, spacecraft, and parts thereof 28,935.9 6.40 16,942.470.79
89 Ships, boats and floating structures 54.4 0.01 233.5-76.71
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 40,956.0 9.06 29,706.737.87
91 Clocks and watches and parts thereof 75.5 0.02 2.72,711.99
92 Musical instruments; parts and accessories of such articles 129.1 0.03 272.6-52.65
93 Arms and ammunition; parts and accessories thereof 164.7 0.04 368.9-55.35
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 1,493.5 0.33 2,439.6-38.78
95 Toys, games and sports requisites; parts and accessories thereof 846.2 0.19 806.44.94
96 Miscellaneous manufactured articles 184.9 0.04 127.245.39
97 Works of art, collectors’ pieces and antiques 131.7 0.03 56.9131.52
99 Commodities not specified according to kind 15,465.6 3.42 14,649.25.57

US Imports from Hungary

The major share of US imports from Hungary in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 80.81% of US total imports from Hungary (82.21% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.82% of US total imports from Hungary (6.41% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.57% of US total imports from Hungary (1.75% in the 3rd quarter of 2016).

The largest gains in US imports from Hungary in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $7.9 million;
  • Rubber and articles thereof (HS code 40) - an increase of $3.9 million.

The largest declines in US imports from Hungary in the 3rd quarter of 2017 over the 3rd 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 $44.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $16.9 million.
US imports from Hungary in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 403.1 0.03 233.472.72
02 Meat and edible meat offal 199.4 0.02 317.0-37.09
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 273.5 0.02 440.6-37.93
05 Products of animal origin, not elsewhere specified or included 1,723.1 0.13 28.06,043.36
07 Edible vegetables and certain roots and tubers 1,447.0 0.11 1,880.3-23.04
09 Coffee, tea, maté and spices 37.6 0.00 47.8-21.24
10 Cereals 77.0 0.01 52.347.08
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 272.0 0.02 90.7199.98
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 40.2 0.00 41.2-2.33
17 Sugars and sugar confectionery 546.1 0.04 838.7-34.89
18 Cocoa and cocoa preparations 83.7 0.01 445.5-81.21
19 Preparations of cereals, flour, starch or milk; bakers’ wares 728.2 0.06 401.481.43
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,972.4 0.23 269.91,001.45
21 Miscellaneous edible preparations 569.4 0.04 296.392.16
22 Beverages, spirits and vinegar 533.4 0.04 784.2-31.97
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 7.5-100.00
24 Tobacco and manufactured tobacco substitutes 41.9 0.00 53.2-21.20
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 86.8 0.01 52.266.22
26 Ores, slag and ash 0.0 0.00 2.9-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 342.6 0.03 100.6240.43
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5,419.0 0.42 5,026.97.80
29 Organic chemicals 19,053.5 1.48 21,402.9-10.98
30 Pharmaceutical products 2,920.9 0.23 5,434.7-46.25
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 170.2 0.01 210.6-19.21
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 15,750.7 1.22 14,645.97.54
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 2,879.6 0.22 2,665.68.03
35 Albuminoidal substances; modified starches; glues; enzymes 9.0 0.00 12.6-28.45
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 341.3 0.03 45.5649.83
38 Miscellaneous chemical products 1,534.6 0.12 1,408.78.94
39 Plastics and articles thereof 20,435.6 1.59 19,242.96.20
40 Rubber and articles thereof 19,253.5 1.50 15,322.625.65
41 Raw hides and skins (other than furskins) and leather 48.8 0.00 23.2110.67
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,282.9 0.18 1,914.919.22
43 Furskins and artificial fur; manufactures thereof 5.3 0.00 31.3-82.93
44 Wood and articles of wood; wood charcoal 4,829.4 0.38 3,919.623.21
45 Cork and articles of cork 2.9 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,583.1 0.12 2,837.6-44.21
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 235.2 0.02 305.7-23.06
50 Silk 0.0 0.00 2.4-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 8.2 0.00 3.8115.01
52 Cotton 6.7 0.00 195.3-96.59
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 97.4 0.01 245.3-60.30
54 Man-made filaments 776.8 0.06 373.4108.05
55 Man-made staple fibers 2,429.4 0.19 2,610.3-6.93
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 307.3 0.02 411.2-25.27
57 Carpets and other textile floor coverings 272.0 0.02 392.3-30.67
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 30.4 0.00 15.0103.45
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 924.6 0.07 3,513.6-73.69
60 Knitted or crocheted fabrics 0.0 0.00 1.9-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 747.9 0.06 964.2-22.43
62 Articles of apparel and clothing accessories, not knitted or crocheted 6,280.9 0.49 7,115.7-11.73
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 678.7 0.05 442.453.41
64 Footwear, gaiters and the like; parts of such articles 7,570.7 0.59 6,993.48.26
65 Headgear and parts thereof 106.5 0.01 76.539.15
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 2.2-100.00
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 10,302.4 0.80 7,083.045.45
69 Ceramic products 2,682.9 0.21 2,610.82.76
70 Glass and glassware 2,464.4 0.19 3,208.5-23.19
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 745.2 0.06 692.27.65
72 Iron and steel 89.9 0.01 164.6-45.36
73 Articles of iron or steel 4,114.9 0.32 3,514.417.09
74 Copper and articles thereof 264.5 0.02 428.9-38.32
75 Nickel and articles thereof 50.4 0.00 16.7201.19
76 Aluminum and articles thereof 574.3 0.04 694.5-17.31
79 Zinc and articles thereof 184.0 0.01 67.9171.06
80 Tin and articles thereof 67.8 0.01 34.894.92
81 Other base metals; cermets; articles thereof 811.1 0.06 206.1293.47
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,052.4 0.31 2,970.436.43
83 Miscellaneous articles of base metal 1,818.8 0.14 2,470.0-26.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 330,409.0 25.68 375,045.7-11.90
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 258,882.6 20.12 255,905.61.16
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 2,947.5 0.23 2,645.411.42
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 362,831.6 28.20 360,158.70.74
88 Aircraft, spacecraft, and parts thereof 114.0 0.01 54.8108.25
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 84,776.8 6.59 101,665.2-16.61
91 Clocks and watches and parts thereof 62.7 0.00 51.322.37
92 Musical instruments; parts and accessories of such articles 36.7 0.00 18.1103.56
93 Arms and ammunition; parts and accessories thereof 403.3 0.03 3,403.3-88.15
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 11,425.5 0.89 13,749.9-16.90
95 Toys, games and sports requisites; parts and accessories thereof 11,716.7 0.91 11,779.2-0.53
96 Miscellaneous manufactured articles 145.6 0.01 71.8102.67
97 Works of art, collectors’ pieces and antiques 1,635.8 0.13 1,694.7-3.48
99 Commodities not specified according to kind 65,881.4 5.12 57,975.613.64
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce