US trade with Hungary in the 4th quarter of 2017

Published or Updated: Jun 04, 2018

The report on US foreign trade in goods with Hungary in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Hungary

In the 4th quarter of 2017, US trade with Hungary was $1.8 billion, down 6.22% ($0.1 billion) from the 4th quarter of 2016.

US exports to Hungary in the 4th quarter of 2017 were $0.5 billion, down 11.98% ($0.1 billion) from the 4th quarter of 2016.

US imports from Hungary in the 4th quarter of 2017 were $1.4 billion, down 4.15% ($0.1 billion) from the 4th quarter of 2016.

US trade deficit with Hungary in the 4th quarter of 2017 was $0.9 billion, a 0.23% increase ($0.0 billion) over the 4th quarter of 2016.

Hungary was the US 52nd largest trading partner in the 4th quarter of 2017 (down from 49th in the 4th quarter of 2016), accounting for 0.1753% of US total trade (down from 0.2027% in the 4th quarter of 2016).

Hungary was the US 63rd largest export market in the 4th quarter of 2017 (down from 60th in the 4th quarter of 2016), accounting for 0.1112% of US total exports (down from 0.1359% in the 4th quarter of 2016).

Hungary was the US 43rd largest supplier in the 4th quarter of 2017 (down from 42nd in the 4th quarter of 2016), accounting for 0.2164% of US total imports (down from 0.2461% in the 4th quarter of 2016).

US Exports to Hungary

The major share of US exports to Hungary in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 80.90% of US total exports to Hungary (81.91% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.23% of US total exports to Hungary (6.52% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.34% of US total exports to Hungary (3.49% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.11% of US total exports to Hungary (1.62% in the 4th quarter of 2016).

The largest gains in US exports to Hungary in the 4th quarter of 2017 over the 4th quarter 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 $10.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $6.7 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $3.4 million;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $3.2 million;
  • Pharmaceutical products (HS code 30) - an increase of $1.6 million.

The largest declines in US exports to Hungary in the 4th quarter of 2017 over the 4th 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 $76.1 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $4.2 million;
  • Articles of iron or steel (HS code 73) - a decrease of $3.2 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $2.6 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $2.3 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 $1.7 million.
US exports to Hungary in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 12.4 0.00 11.111.36
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 22.3-100.00
05 Products of animal origin, not elsewhere specified or included 440.1 0.10 354.624.12
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 2.7-100.00
07 Edible vegetables and certain roots and tubers 5,479.2 1.21 2,242.5144.34
08 Edible fruit and nuts; peel of citrus fruit or melons 338.8 0.07 201.168.49
09 Coffee, tea, maté and spices 4.6 0.00 19.2-76.24
10 Cereals 8.3 0.00 954.7-99.14
11 Products of the milling industry; malt; starches; inulin; wheat gluten 8.9 0.00 5.952.49
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 27.9 0.01 2,612.8-98.93
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 15.4 0.00 3.6327.41
17 Sugars and sugar confectionery 3.8 0.00 19.2-80.08
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 3.0-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 7.6-100.00
21 Miscellaneous edible preparations 1,250.5 0.28 828.051.02
22 Beverages, spirits and vinegar 1,239.8 0.27 675.883.44
23 Residues and waste from the food industries; prepared animal feed 105.8 0.02 76.039.13
24 Tobacco and manufactured tobacco substitutes 604.0 0.13 278.2117.09
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 54.8 0.01 66.8-18.07
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 553.6 0.12 319.173.49
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 571.2 0.13 877.4-34.90
29 Organic chemicals 4,644.3 1.03 3,781.122.83
30 Pharmaceutical products 4,575.3 1.01 2,968.354.14
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,543.6 0.34 1,206.227.97
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,116.7 0.69 2,110.547.68
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 531.7 0.12 1,587.5-66.51
35 Albuminoidal substances; modified starches; glues; enzymes 958.6 0.21 428.3123.80
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 87.1 0.02 79.89.19
37 Photographic or cinematographic goods 10.8 0.00 67.7-84.06
38 Miscellaneous chemical products 2,440.6 0.54 4,752.5-48.65
39 Plastics and articles thereof 12,149.4 2.68 13,507.4-10.05
40 Rubber and articles thereof 2,126.8 0.47 2,219.1-4.16
41 Raw hides and skins (other than furskins) and leather 45.5 0.01 6.2632.70
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 166.7 0.04 13.31,153.42
44 Wood and articles of wood; wood charcoal 320.8 0.07 240.433.45
45 Cork and articles of cork 0.0 0.00 12.9-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 60.5 0.01 15.4292.98
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 99.4 0.02 36.8169.82
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,049.0 0.45 2,815.9-27.23
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,445.1 0.32 564.8155.87
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 19.7-100.00
52 Cotton 292.1 0.06 200.645.60
54 Man-made filaments 19.2 0.00 19.4-1.48
55 Man-made staple fibers 24.8 0.01 83.7-70.39
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 176.1 0.04 414.0-57.46
57 Carpets and other textile floor coverings 0.0 0.00 4.2-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 12.4 0.00 18.3-32.38
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 553.3 0.12 246.5124.48
60 Knitted or crocheted fabrics 156.7 0.03 120.629.98
61 Articles of apparel and clothing accessories, knitted or crocheted 42.8 0.01 85.9-50.19
62 Articles of apparel and clothing accessories, not knitted or crocheted 221.3 0.05 119.585.24
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 213.3 0.05 164.329.85
64 Footwear, gaiters and the like; parts of such articles 36.0 0.01 19.089.07
65 Headgear and parts thereof 13.5 0.00 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 4.8 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,049.7 0.23 858.522.27
69 Ceramic products 1,970.5 0.43 1,564.225.98
70 Glass and glassware 1,311.4 0.29 1,275.92.78
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 677.2 0.15 86.7680.95
72 Iron and steel 335.3 0.07 290.615.36
73 Articles of iron or steel 6,042.3 1.33 9,253.8-34.70
74 Copper and articles thereof 334.7 0.07 513.7-34.83
75 Nickel and articles thereof 1,298.6 0.29 1,106.417.37
76 Aluminum and articles thereof 453.7 0.10 407.511.33
79 Zinc and articles thereof 28.1 0.01 131.7-78.65
80 Tin and articles thereof 1,030.9 0.23 0.0
81 Other base metals; cermets; articles thereof 372.4 0.08 1,329.2-71.98
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2,082.0 0.46 1,880.510.72
83 Miscellaneous articles of base metal 3,174.3 0.70 3,038.04.49
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 194,067.5 42.83 270,198.3-28.18
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 73,065.6 16.13 72,730.40.46
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 991.8 0.22 64.01,450.38
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 35,133.4 7.75 28,428.023.59
88 Aircraft, spacecraft, and parts thereof 21,167.1 4.67 17,792.618.97
89 Ships, boats and floating structures 168.2 0.04 523.1-67.86
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 41,964.3 9.26 31,892.231.58
91 Clocks and watches and parts thereof 44.8 0.01 66.0-32.18
92 Musical instruments; parts and accessories of such articles 129.4 0.03 131.9-1.92
93 Arms and ammunition; parts and accessories thereof 430.9 0.10 730.3-41.00
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 1,503.3 0.33 3,154.8-52.35
95 Toys, games and sports requisites; parts and accessories thereof 584.5 0.13 874.5-33.16
96 Miscellaneous manufactured articles 101.1 0.02 59.669.67
97 Works of art, collectors’ pieces and antiques 84.9 0.02 10.5708.33
99 Commodities not specified according to kind 14,641.4 3.23 18,854.7-22.35

US Imports from Hungary

The major share of US imports from Hungary in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 81.45% of US total imports from Hungary (83.55% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.82% of US total imports from Hungary (6.38% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.24% of US total imports from Hungary (1.23% in the 4th quarter of 2016).

The largest gains in US imports from Hungary in the 4th quarter of 2017 over the 4th 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) - an increase of $42.3 million;
  • Organic chemicals (HS code 29) - an increase of $10.3 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $6.0 million.

The largest declines in US imports from Hungary in the 4th quarter of 2017 over the 4th 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 $116.1 million.
US imports from Hungary in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 405.8 0.03 255.458.92
02 Meat and edible meat offal 469.2 0.03 234.6100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 961.1 0.07 412.0133.29
05 Products of animal origin, not elsewhere specified or included 1,851.7 0.13 1,531.120.94
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 13.9 0.00 5.4159.99
07 Edible vegetables and certain roots and tubers 1,803.1 0.13 1,665.38.28
09 Coffee, tea, maté and spices 98.0 0.01 103.4-5.24
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 191.0 0.01 221.3-13.66
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 5.6-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 18.0 0.00 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 49.5 0.00 109.7-54.90
17 Sugars and sugar confectionery 1,094.6 0.08 1,004.58.97
18 Cocoa and cocoa preparations 639.6 0.05 338.588.95
19 Preparations of cereals, flour, starch or milk; bakers’ wares 82.0 0.01 114.3-28.25
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,311.9 0.17 931.0148.33
21 Miscellaneous edible preparations 1,365.8 0.10 400.2241.31
22 Beverages, spirits and vinegar 853.4 0.06 1,168.9-26.99
23 Residues and waste from the food industries; prepared animal feed 21.4 0.00 3.7486.95
24 Tobacco and manufactured tobacco substitutes 35.7 0.00 47.1-24.32
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 41.6 0.00 155.1-73.16
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 267.0 0.02 139.691.25
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5,172.3 0.38 4,551.113.65
29 Organic chemicals 34,289.7 2.49 23,993.542.91
30 Pharmaceutical products 5,931.9 0.43 4,359.036.09
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 157.5 0.01 248.7-36.66
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 17,106.1 1.24 16,281.75.06
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 3,434.3 0.25 3,886.4-11.63
35 Albuminoidal substances; modified starches; glues; enzymes 13.0 0.00 4.7174.67
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,066.4 0.08 325.7227.44
38 Miscellaneous chemical products 2,192.2 0.16 1,272.472.29
39 Plastics and articles thereof 21,402.9 1.56 19,684.68.73
40 Rubber and articles thereof 16,815.5 1.22 16,984.4-0.99
41 Raw hides and skins (other than furskins) and leather 21.7 0.00 3.6503.33
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,473.9 0.18 2,228.711.00
43 Furskins and artificial fur; manufactures thereof 58.7 0.00 100.2-41.39
44 Wood and articles of wood; wood charcoal 1,416.7 0.10 1,128.225.57
45 Cork and articles of cork 5.8 0.00 6.0-3.61
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,797.1 0.13 1,813.0-0.88
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 193.4 0.01 267.3-27.65
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 11.8 0.00 9.919.11
52 Cotton 0.4 0.00 162.8-99.76
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 193.4 0.01 125.454.17
54 Man-made filaments 481.0 0.03 533.6-9.85
55 Man-made staple fibers 1,754.0 0.13 2,685.2-34.68
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 625.8 0.05 401.355.97
57 Carpets and other textile floor coverings 186.2 0.01 359.9-48.27
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 8.8 0.00 17.1-48.61
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,583.4 0.26 2,693.733.03
61 Articles of apparel and clothing accessories, knitted or crocheted 771.9 0.06 610.626.42
62 Articles of apparel and clothing accessories, not knitted or crocheted 6,422.4 0.47 6,936.8-7.42
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 467.7 0.03 599.6-22.00
64 Footwear, gaiters and the like; parts of such articles 2,516.8 0.18 2,456.32.46
65 Headgear and parts thereof 59.8 0.00 65.2-8.29
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.6 0.00 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 7.3 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 7,528.5 0.55 6,871.59.56
69 Ceramic products 2,636.1 0.19 2,741.9-3.86
70 Glass and glassware 2,113.3 0.15 1,917.910.19
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,549.3 0.11 1,006.353.96
72 Iron and steel 274.3 0.02 69.3295.68
73 Articles of iron or steel 4,575.1 0.33 3,603.926.95
74 Copper and articles thereof 254.8 0.02 486.3-47.59
75 Nickel and articles thereof 38.5 0.00 168.1-77.08
76 Aluminum and articles thereof 696.0 0.05 892.9-22.05
79 Zinc and articles thereof 53.1 0.00 59.7-11.06
80 Tin and articles thereof 440.4 0.03 38.01,058.64
81 Other base metals; cermets; articles thereof 375.6 0.03 127.7194.22
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,735.6 0.27 2,570.045.35
83 Miscellaneous articles of base metal 1,712.8 0.12 1,997.3-14.24
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 338,484.5 24.61 454,540.5-25.53
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 259,976.3 18.90 260,807.3-0.32
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 3,716.6 0.27 3,888.5-4.42
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 433,730.3 31.54 391,381.910.82
88 Aircraft, spacecraft, and parts thereof 42.1 0.00 28.746.62
89 Ships, boats and floating structures 31.6 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 84,117.6 6.12 88,071.4-4.49
91 Clocks and watches and parts thereof 87.0 0.01 77.312.59
92 Musical instruments; parts and accessories of such articles 39.8 0.00 12.7213.63
93 Arms and ammunition; parts and accessories thereof 239.3 0.02 3,880.3-93.83
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 10,275.9 0.75 14,245.0-27.86
95 Toys, games and sports requisites; parts and accessories thereof 12,171.3 0.89 14,420.1-15.60
96 Miscellaneous manufactured articles 205.2 0.01 91.3124.65
97 Works of art, collectors’ pieces and antiques 809.4 0.06 1,010.9-19.93
99 Commodities not specified according to kind 62,151.1 4.52 56,159.310.67
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce