US trade with Hungary in the first nine months of 2017

Published or Updated: Jun 04, 2018

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

US Trade with Hungary

In the first nine months of 2017, US trade with Hungary was $5.2 billion, down 1.79% ($0.1 billion) from the first nine months of 2016.

US exports to Hungary in the first nine months of 2017 totaled $1.4 billion, up 8.17% ($0.1 billion) from the first nine months of 2016.

US imports from Hungary in the first nine months of 2017 were $3.8 billion, down 5.09% ($0.2 billion) from the first nine months of 2016.

US trade deficit with Hungary in the first nine months of 2017 was $2.4 billion, a 11.65% decrease ($0.3 billion) over the first nine months of 2016.

Hungary was the US 53rd largest trading partner in the first nine months of 2017 (down from 50th in the first nine months of 2016), accounting for 0.1801% of US total trade (down from 0.2037% in the first nine months of 2016).

Hungary was the US 62nd largest export market in the first nine months of 2017 (down from 60th in the first nine months of 2016), accounting for 0.1262% of US total exports (up from 0.1256% in the first nine months of 2016).

Hungary was the US 45th largest supplier in the first nine months of 2017 (down from 42nd in the first nine months of 2016), accounting for 0.2147% of US total imports (down from 0.2566% in the first nine months of 2016).

US Exports to Hungary

The major share of US exports to Hungary in the first nine months of 2017 (and in the first nine months 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 (81.88% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 7.40% of US total exports to Hungary (5.79% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 3.51% of US total exports to Hungary (3.03% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.69% of US total exports to Hungary (2.04% in the first nine months of 2016).

The largest gains in US exports to Hungary in the first nine months of 2017 over the first nine months 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 $33.7 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $27.7 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 $22.9 million;
  • Articles of iron or steel (HS code 73) - an increase of $10.9 million;
  • Organic chemicals (HS code 29) - an increase of $7.8 million;
  • Pharmaceutical products (HS code 30) - an increase of $5.9 million;
  • Plastics and articles thereof (HS code 39) - an increase of $5.6 million.

The largest declines in US exports to Hungary in the first nine months of 2017 over the first nine months 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 $5.2 million.
US exports to Hungary in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
01 Live animals 28.2 0.00 45.3-37.75
02 Meat and edible meat offal 6.9 0.00 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 78.2 0.01 58.533.59
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 10.4 0.00 25.4-59.02
05 Products of animal origin, not elsewhere specified or included 1,130.2 0.08 1,288.6-12.29
07 Edible vegetables and certain roots and tubers 10,876.0 0.76 14,120.9-22.98
08 Edible fruit and nuts; peel of citrus fruit or melons 787.4 0.05 521.550.97
09 Coffee, tea, maté and spices 37.1 0.00 48.5-23.59
10 Cereals 491.3 0.03 115.5325.32
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 2,200.3 0.15 2,850.0-22.80
13 Lac; gums, resins and other vegetable saps and extracts 59.2 0.00 64.0-7.54
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 142.2 0.01 158.3-10.14
17 Sugars and sugar confectionery 29.8 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 6.7 0.00 252.4-97.33
21 Miscellaneous edible preparations 3,259.2 0.23 3,429.4-4.96
22 Beverages, spirits and vinegar 3,454.5 0.24 3,146.19.80
23 Residues and waste from the food industries; prepared animal feed 362.3 0.03 377.4-3.99
24 Tobacco and manufactured tobacco substitutes 1,320.7 0.09 591.4123.31
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 391.5 0.03 257.951.82
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 1,210.7 0.08 1,141.86.03
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,509.5 0.17 2,440.32.83
29 Organic chemicals 13,925.2 0.97 6,094.3128.49
30 Pharmaceutical products 14,052.8 0.98 8,155.572.31
31 Fertilizers 36.8 0.00 62.3-40.99
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,424.5 0.24 2,230.553.53
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 8,497.6 0.59 6,279.735.32
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 5,682.0 0.40 4,420.328.54
35 Albuminoidal substances; modified starches; glues; enzymes 3,627.6 0.25 876.3313.99
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 709.3 0.05 258.4174.52
37 Photographic or cinematographic goods 24.9 0.00 201.3-87.65
38 Miscellaneous chemical products 10,498.3 0.73 8,449.324.25
39 Plastics and articles thereof 35,765.5 2.49 30,195.918.44
40 Rubber and articles thereof 7,545.8 0.53 7,285.83.57
41 Raw hides and skins (other than furskins) and leather 111.2 0.01 95.816.18
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 365.7 0.03 224.562.94
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 36.2-100.00
44 Wood and articles of wood; wood charcoal 470.5 0.03 707.0-33.44
45 Cork and articles of cork 4.3 0.00 5.6-23.59
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 52.1 0.00 47.410.02
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 232.6 0.02 1,992.9-88.33
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4,677.6 0.33 7,768.5-39.79
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3,438.7 0.24 1,385.6148.18
50 Silk 12.4 0.00 0.0
52 Cotton 885.1 0.06 1,437.4-38.42
54 Man-made filaments 96.3 0.01 293.6-67.18
55 Man-made staple fibers 197.7 0.01 104.289.84
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,983.2 0.14 726.5172.98
57 Carpets and other textile floor coverings 2.6 0.00 18.4-85.69
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 61.7 0.00 81.9-24.62
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,569.3 0.11 1,611.4-2.62
60 Knitted or crocheted fabrics 356.4 0.02 511.2-30.29
61 Articles of apparel and clothing accessories, knitted or crocheted 182.7 0.01 171.16.80
62 Articles of apparel and clothing accessories, not knitted or crocheted 120.8 0.01 354.7-65.93
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 299.8 0.02 436.6-31.35
64 Footwear, gaiters and the like; parts of such articles 56.2 0.00 90.6-37.93
65 Headgear and parts thereof 132.8 0.01 42.8209.94
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 14.2 0.00 13.83.16
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4,040.1 0.28 2,178.085.50
69 Ceramic products 5,078.1 0.35 3,428.048.14
70 Glass and glassware 4,688.4 0.33 3,361.239.49
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 433.1 0.03 331.030.83
72 Iron and steel 1,267.6 0.09 1,071.518.30
73 Articles of iron or steel 24,511.3 1.71 13,586.380.41
74 Copper and articles thereof 1,540.2 0.11 1,277.520.56
75 Nickel and articles thereof 4,038.0 0.28 3,810.85.96
76 Aluminum and articles thereof 1,241.9 0.09 1,753.1-29.16
78 Lead and articles thereof 5.4 0.00 3.079.83
79 Zinc and articles thereof 123.1 0.01 94.330.60
80 Tin and articles thereof 0.0 0.00 2.9-100.00
81 Other base metals; cermets; articles thereof 4,706.3 0.33 3,820.123.20
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,968.8 0.35 5,177.9-4.04
83 Miscellaneous articles of base metal 8,054.9 0.56 9,666.9-16.68
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 636,930.8 44.34 641,019.5-0.64
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 207,901.0 14.47 184,951.912.41
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 137.4 0.01 47.3190.40
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 117,376.2 8.17 122,609.2-4.27
88 Aircraft, spacecraft, and parts thereof 75,667.8 5.27 47,940.357.84
89 Ships, boats and floating structures 85.4 0.01 431.7-80.22
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 124,025.1 8.63 90,365.437.25
91 Clocks and watches and parts thereof 199.2 0.01 57.4246.99
92 Musical instruments; parts and accessories of such articles 318.3 0.02 598.9-46.86
93 Arms and ammunition; parts and accessories thereof 759.9 0.05 897.5-15.33
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 5,634.4 0.39 9,193.4-38.71
95 Toys, games and sports requisites; parts and accessories thereof 2,781.2 0.19 2,781.6-0.01
96 Miscellaneous manufactured articles 533.8 0.04 251.4112.29
97 Works of art, collectors’ pieces and antiques 223.0 0.02 3,011.3-92.59
99 Commodities not specified according to kind 51,718.9 3.60 50,488.52.44

US Imports from Hungary

The major share of US imports from Hungary in the first nine months of 2017 (and in the first nine months of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 80.97% of US total imports from Hungary (82.64% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 7.47% of US total imports from Hungary (6.72% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.33% of US total imports from Hungary (1.33% in the first nine months of 2016).

The largest gains in US imports from Hungary in the first nine months of 2017 over the first nine months 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 $74.8 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $14.6 million.

The largest declines in US imports from Hungary in the first nine months of 2017 over the first nine months 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 $280.4 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $21.1 million.
US imports from Hungary in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
01 Live animals 1,101.8 0.03 830.332.70
02 Meat and edible meat offal 1,071.5 0.03 1,059.51.13
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,029.9 0.03 1,603.9-35.79
05 Products of animal origin, not elsewhere specified or included 3,795.2 0.10 1,019.2272.37
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 4,754.4 0.12 4,800.3-0.96
09 Coffee, tea, maté and spices 291.1 0.01 399.9-27.21
10 Cereals 77.0 0.00 170.4-54.84
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 894.2 0.02 824.08.53
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 160.7 0.00 210.9-23.80
17 Sugars and sugar confectionery 1,540.9 0.04 1,528.70.80
18 Cocoa and cocoa preparations 420.9 0.01 811.6-48.13
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,126.3 0.03 873.029.01
20 Preparations of vegetables, fruit, nuts or other parts of plants 7,114.9 0.19 1,818.1291.32
21 Miscellaneous edible preparations 1,555.1 0.04 1,262.623.17
22 Beverages, spirits and vinegar 2,214.0 0.06 2,427.6-8.80
23 Residues and waste from the food industries; prepared animal feed 8.9 0.00 15.0-40.38
24 Tobacco and manufactured tobacco substitutes 200.4 0.01 137.945.26
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 326.5 0.01 314.73.75
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 699.1 0.02 686.91.78
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 15,264.1 0.40 14,142.07.93
29 Organic chemicals 76,774.2 2.02 73,760.64.09
30 Pharmaceutical products 11,967.6 0.31 18,160.8-34.10
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 556.3 0.01 520.16.96
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 52,180.5 1.37 48,510.37.57
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 11,016.3 0.29 6,220.577.10
35 Albuminoidal substances; modified starches; glues; enzymes 283.9 0.01 29.1874.33
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 519.8 0.01 417.324.54
38 Miscellaneous chemical products 5,873.0 0.15 4,337.435.40
39 Plastics and articles thereof 56,494.9 1.48 53,540.45.52
40 Rubber and articles thereof 53,561.5 1.41 49,984.27.16
41 Raw hides and skins (other than furskins) and leather 69.4 0.00 29.4136.11
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 6,642.9 0.17 5,905.612.48
43 Furskins and artificial fur; manufactures thereof 82.9 0.00 203.6-59.30
44 Wood and articles of wood; wood charcoal 7,074.3 0.19 6,519.98.50
45 Cork and articles of cork 7.6 0.00 6.615.58
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4,828.2 0.13 7,136.6-32.35
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,163.2 0.03 884.431.53
50 Silk 0.0 0.00 5.4-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 37.0 0.00 13.8167.75
52 Cotton 35.2 0.00 378.9-90.72
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 385.9 0.01 640.6-39.76
54 Man-made filaments 2,263.2 0.06 1,674.035.20
55 Man-made staple fibers 6,900.8 0.18 7,024.0-1.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 939.7 0.02 1,758.3-46.55
57 Carpets and other textile floor coverings 790.3 0.02 1,270.7-37.80
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 49.3 0.00 88.5-44.34
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 5,417.3 0.14 7,564.0-28.38
60 Knitted or crocheted fabrics 0.5 0.00 6.5-92.76
61 Articles of apparel and clothing accessories, knitted or crocheted 1,995.1 0.05 2,401.3-16.92
62 Articles of apparel and clothing accessories, not knitted or crocheted 18,800.6 0.49 19,914.0-5.59
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,450.8 0.04 920.857.55
64 Footwear, gaiters and the like; parts of such articles 11,426.9 0.30 9,597.319.06
65 Headgear and parts thereof 248.3 0.01 181.636.73
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.8 0.00 6.8-73.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 0.6-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 24,947.3 0.66 25,028.6-0.32
69 Ceramic products 9,034.5 0.24 9,106.3-0.79
70 Glass and glassware 7,393.4 0.19 8,118.2-8.93
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,546.4 0.07 1,671.952.30
72 Iron and steel 372.5 0.01 433.9-14.15
73 Articles of iron or steel 10,538.2 0.28 10,522.90.14
74 Copper and articles thereof 1,455.2 0.04 1,491.9-2.46
75 Nickel and articles thereof 138.2 0.00 41.3234.45
76 Aluminum and articles thereof 2,052.4 0.05 2,453.0-16.33
79 Zinc and articles thereof 321.1 0.01 193.466.03
80 Tin and articles thereof 168.0 0.00 80.5108.75
81 Other base metals; cermets; articles thereof 2,423.7 0.06 1,133.5113.82
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 11,031.6 0.29 8,885.124.16
83 Miscellaneous articles of base metal 5,103.6 0.13 6,810.7-25.07
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,043,854.2 27.43 1,064,947.0-1.98
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 795,790.0 20.91 720,991.210.37
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 10,692.3 0.28 6,771.357.91
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 946,530.5 24.87 1,226,906.2-22.85
88 Aircraft, spacecraft, and parts thereof 527.9 0.01 104.0407.48
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 284,385.4 7.47 294,209.5-3.34
91 Clocks and watches and parts thereof 151.7 0.00 203.8-25.58
92 Musical instruments; parts and accessories of such articles 73.6 0.00 71.13.50
93 Arms and ammunition; parts and accessories thereof 2,114.9 0.06 9,501.0-77.74
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 36,548.1 0.96 35,256.03.66
95 Toys, games and sports requisites; parts and accessories thereof 28,677.8 0.75 30,598.5-6.28
96 Miscellaneous manufactured articles 297.5 0.01 572.2-48.01
97 Works of art, collectors’ pieces and antiques 7,316.6 0.19 5,826.225.58
99 Commodities not specified according to kind 188,070.3 4.94 173,480.58.41
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce