Trade in goods with USA SITC (Standard International Trade Classification)
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Hungary trade flows with USA by SITC*) product sections during 2021/7 - 2021/11

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2021/7
%
2021/8
%
2021/9
%
2021/10
%
2021/11
%
Export0.1 0.2 0.2 0.1 0.1
Import0.3 0.3 0.2 0.3 0.2
Trade in Goods0.2 0.2 0.2 0.2 0.2

USA's foreign trade with Hungary, exports to Hungary and imports from Hungary in November 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In November Hungary was USA's 51. most important foreign trade partner. Weakening from the previous month was 3 places. Amounting trade to worth of $838 million was 21.5 per cent bigger than in November of the previous year. In November the trade balance with Hungary was $381 million in deficit for United States of America.

The value of imports from Hungary was 28.1 per cent higher than in November of the previous year, thus amounting to $609 million. Major product categories of imports from Hungary were Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), representing 15.0 percent of imports, Sitc542 (medicaments (including veterinary medicaments)) 14.4 % and Sitc752 (automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.) 4.9 % of the imports.

The value of exports to Hungary were 6.9 percent higher than in November of the previous year, thus amounting to $229 million. The largest product groups of exports were: Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), which represented a share of 17.3 per cent of total exports, Sitc759 (parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines falling withing groups 751 and 752) 12.4 % and Sitc714 (engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors) 9.4 % of the exports.

Significant increase in trade in goods in early 2021

During January-November, trade in goods with Hungary has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-November of the previous year. Growth was as high as 36.2 per cent and the value of the trade increased to $9.1 billion. During January-November the value of imports was $6.4 billion. The export value was $2.7 billion. Compared to the corresponding period of the previous year, the value of imports increased by 35.7 % and the value of exports by 37.5 %. The largest product group in terms of imports has been Sitc542 (medicaments (including veterinary medicaments)), worth $1.0 billion. In export the largest value had Sitc714 (engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors), worth being $315 million. From USA's point of view, the trade balance between the countries in January-November remained in deficit. The trade deficit was $3.8 billion. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $2.8 billion.


Table: USA's export to Hungary (HU) during 2021/7 - 2021/11

2021 / 72021 / 82021 / 92021 / 102021 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 0.9 0.4 2.0 0.7 0.7 0.3 1.1 0.5 1.9 0.8
05. Vegetables and fruit 0.2 0.1 0.4 0.2 0.0 0.0 0.1 0.0 1.3 0.6
09. Miscellaneous edible products and preparations 0.6 0.3 1.6 0.6 0.6 0.2 0.6 0.2 0.6 0.2
1. Beverages and tobacco 0.2 0.1 0.5 0.2 0.7 0.3 0.7 0.3 1.1 0.5
11. Beverages 0.2 0.1 0.5 0.2 0.5 0.2 0.6 0.2 1.1 0.5
5. Chemicals and related products,n.e.s. 22.2 10.5 50.8 18.8 64.2 24.3 57.3 23.6 27.3 11.9
51. Organic chemicals 0.8 0.4 0.4 0.2 0.8 0.3 0.4 0.2 0.4 0.2
53. Dyeing,tanning and colouring material 1.3 0.6 0.5 0.2 0.6 0.2 0.4 0.2 0.5 0.2
54. Medicinal and pharmaceutical products 6.7 3.2 35.1 13.0 48.9 18.5 41.1 16.9 15.2 6.6
55. Perfume,cleaning etc.preparations 1.9 0.9 1.8 0.7 2.7 1.0 1.9 0.8 1.3 0.6
57. Plastics in primary forms 1.0 0.5 1.0 0.4 0.9 0.3 1.3 0.5 0.7 0.3
58. Plastics in non-primary forms 3.0 1.4 4.4 1.6 6.3 2.4 7.6 3.1 5.1 2.2
59. Chemical materials and products,n.e.s. 7.2 3.4 7.3 2.7 3.8 1.4 4.4 1.8 4.0 1.7
6. Basic manufactures 11.1 5.2 10.2 3.8 9.1 3.4 8.9 3.7 10.0 4.4
61. Leather,dressed fur,etc. 1.0 0.5 1.5 0.6 0.0 0.0 0.8 0.3 0.8 0.4
62. Rubber manufactures,n.e.s. 0.5 0.2 0.6 0.2 0.6 0.2 0.5 0.2 0.7 0.3
64. Paper,paperboard and articles thereof 0.9 0.4 1.0 0.4 0.4 0.2 1.2 0.5 1.0 0.5
65. Textile yarn,fabrics,made up articles,etc. 0.8 0.4 0.3 0.1 0.7 0.2 0.4 0.2 0.6 0.3
66. Non-metallic mineral manufactures,n.e.s. 3.3 1.5 2.5 0.9 3.3 1.3 2.2 0.9 1.8 0.8
68. Non-ferrous metals 1.2 0.6 0.9 0.3 0.4 0.1 1.2 0.5 1.5 0.6
69. Manufactures of metals,n.e.s. 3.1 1.4 3.3 1.2 3.4 1.3 2.3 0.9 3.2 1.4
7. Machinery,transport equipment 140.6 66.4 167.4 62.1 157.2 59.5 150.0 61.8 160.8 70.2
71. Power generating machinery and equipment 18.1 8.6 48.1 17.8 33.3 12.6 32.4 13.4 23.5 10.2
72. Machinery for specialized industries 7.2 3.4 10.9 4.0 3.5 1.3 5.0 2.1 4.7 2.1
73. Metal working machinery 0.5 0.2 0.7 0.3 0.9 0.3 0.7 0.3 0.4 0.2
74. General industrial machinery n.e.s. 9.2 4.4 8.3 3.1 9.6 3.6 9.8 4.0 9.9 4.3
75. Office machines and adp machines 27.2 12.8 29.8 11.0 25.7 9.7 17.0 7.0 31.5 13.7
76. Telecommunications and sound recording equipment 17.8 8.4 12.9 4.8 28.1 10.6 23.6 9.7 18.0 7.9
77. Electric machinery,n.e.s.and parts 43.6 20.6 31.4 11.7 38.4 14.5 41.2 17.0 55.8 24.4
78. Road vehicles 11.8 5.6 9.8 3.6 13.3 5.0 11.5 4.8 13.2 5.8
79. Other transport equipment 5.2 2.4 15.5 5.8 4.4 1.7 8.7 3.6 3.8 1.7
8. Miscellaneous manufactured articles 31.9 15.1 21.9 8.1 25.8 9.8 18.5 7.6 21.7 9.5
82. Furniture and parts thereof 0.6 0.3 0.1 0.0 0.6 0.2 0.2 0.1 0.1 0.0
87. Instruments and apparates n.e.s. 8.6 4.0 7.4 2.7 8.5 3.2 10.8 4.4 9.0 3.9
89. Miscellaneous manufactured articles,n.e.s. 22.6 10.7 14.0 5.2 16.1 6.1 7.3 3.0 12.3 5.4
9. Goods not classified elsewhere 4.6 2.2 16.4 6.1 6.2 2.3 5.5 2.3 5.8 2.5
93. Special transactions and commodities not classified 0.0 0.0 1.0 0.4 0.1 0.0 0.1 0.0 0.8 0.3
97. Gold,non-monetary 0.0 0.0 8.3 3.1 00 0.0 0.0 00
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 4.6 2.2 7.1 2.6 6.1 2.3 5.4 2.2 5.1 2.2
0-9. All groups combined 211.9 100.0 269.5 100.0 264.5 100.0 242.6 100.0 229.0 100.0

Source: US Census Bureau

Table: Import from Hungary (HU) to USA during 2021/7 - 2021/11

2021 / 72021 / 82021 / 92021 / 102021 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 5.6 0.9 8.2 1.3 8.1 1.6 6.7 0.9 10.6 1.7
00. Live animals 0.9 0.1 0.9 0.1 0.6 0.1 0.8 0.1 0.5 0.1
01. Meat and meat preparations 2.9 0.4 4.9 0.8 4.8 0.9 2.8 0.4 5.9 1.0
05. Vegetables and fruit 0.8 0.1 1.7 0.3 2.0 0.4 1.2 0.2 2.6 0.4
06. Sugars,sugar preparations and honey 0.3 0.1 0.3 0.1 0.2 0.0 1.1 0.1 0.9 0.2
1. Beverages and tobacco 0.6 0.1 0.5 0.1 0.9 0.2 0.4 0.0 0.4 0.1
11. Beverages 0.6 0.1 0.5 0.1 0.9 0.2 0.4 0.0 0.4 0.1
2. Crude materials,inedible,except fuels 1.7 0.3 3.4 0.6 1.8 0.3 1.9 0.3 3.8 0.6
23. Crude rubber (incl.synthetic) 0.4 0.1 0.8 0.1 0.3 0.1 00 0.8 0.1
26. Textile fibres and their wastes 0.6 0.1 0.6 0.1 0.5 0.1 0.9 0.1 1.0 0.2
28. Metalliferous ores and metal scrap 00 0.1 0.0 0.0 0.0 0.2 0.0 1.7 0.3
29. Crude animal,vegetable materials n.e.s. 0.5 0.1 1.8 0.3 0.9 0.2 0.7 0.1 0.1 0.0
5. Chemicals and related products,n.e.s. 169.7 26.0 154.0 24.8 70.3 13.6 227.7 30.8 126.9 20.8
51. Organic chemicals 4.3 0.7 15.4 2.5 11.9 2.3 13.5 1.8 7.7 1.3
52. Inorganic chemicals 4.8 0.7 5.6 0.9 3.5 0.7 3.1 0.4 5.4 0.9
54. Medicinal and pharmaceutical products 147.0 22.5 119.9 19.3 41.7 8.0 196.6 26.6 97.6 16.0
55. Perfume,cleaning etc.preparations 7.4 1.1 7.9 1.3 7.3 1.4 7.8 1.1 10.0 1.6
57. Plastics in primary forms 3.4 0.5 3.3 0.5 3.5 0.7 4.2 0.6 3.1 0.5
58. Plastics in non-primary forms 0.7 0.1 0.5 0.1 0.3 0.1 0.8 0.1 1.5 0.2
59. Chemical materials and products,n.e.s. 1.9 0.3 1.4 0.2 1.9 0.4 1.6 0.2 1.5 0.2
6. Basic manufactures 31.2 4.8 24.5 4.0 28.2 5.4 36.5 4.9 45.8 7.5
62. Rubber manufactures,n.e.s. 10.4 1.6 9.3 1.5 4.6 0.9 8.3 1.1 7.6 1.3
63. Wood and cork manufactures 1.3 0.2 1.1 0.2 1.2 0.2 0.6 0.1 0.8 0.1
64. Paper,paperboard and articles thereof 1.3 0.2 1.2 0.2 0.8 0.1 1.3 0.2 1.5 0.2
65. Textile yarn,fabrics,made up articles,etc. 3.3 0.5 3.1 0.5 4.0 0.8 2.5 0.3 6.2 1.0
66. Non-metallic mineral manufactures,n.e.s. 5.4 0.8 3.1 0.5 3.3 0.6 4.8 0.7 3.4 0.6
68. Non-ferrous metals 3.3 0.5 1.9 0.3 2.0 0.4 2.5 0.3 3.9 0.6
69. Manufactures of metals,n.e.s. 5.9 0.9 4.7 0.8 12.3 2.4 16.4 2.2 22.5 3.7
7. Machinery,transport equipment 367.5 56.2 350.3 56.5 333.6 64.4 390.1 52.8 337.6 55.4
71. Power generating machinery and equipment 20.0 3.1 21.5 3.5 27.3 5.3 75.1 10.2 16.6 2.7
72. Machinery for specialized industries 10.1 1.5 9.3 1.5 11.4 2.2 7.1 1.0 10.0 1.6
73. Metal working machinery 0.9 0.1 0.8 0.1 0.4 0.1 0.9 0.1 0.6 0.1
74. General industrial machinery n.e.s. 52.3 8.0 44.4 7.2 51.3 9.9 46.7 6.3 55.7 9.1
75. Office machines and adp machines 26.0 4.0 15.6 2.5 39.9 7.7 29.6 4.0 36.3 6.0
76. Telecommunications and sound recording equipment 28.2 4.3 34.0 5.5 38.5 7.4 32.9 4.5 29.2 4.8
77. Electric machinery,n.e.s.and parts 82.3 12.6 106.6 17.2 87.0 16.8 70.3 9.5 73.2 12.0
78. Road vehicles 147.0 22.5 116.5 18.8 76.8 14.8 126.2 17.1 114.6 18.8
79. Other transport equipment 0.8 0.1 1.5 0.2 1.1 0.2 1.2 0.2 1.2 0.2
8. Miscellaneous manufactured articles 55.5 8.5 51.5 8.3 49.1 9.5 50.1 6.8 50.1 8.2
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1.5 0.2 1.8 0.3 1.2 0.2 1.1 0.2 1.1 0.2
82. Furniture and parts thereof 2.1 0.3 2.9 0.5 2.2 0.4 1.9 0.3 2.1 0.3
83. Travel goods,handbags and sim.containers 0.1 0.0 0.5 0.1 0.4 0.1 0.6 0.1 0.5 0.1
84. Articles of apparel and clothing accessories 2.0 0.3 1.6 0.3 1.5 0.3 1.5 0.2 1.6 0.3
85. Footwear 1.6 0.2 4.4 0.7 3.2 0.6 0.8 0.1 1.4 0.2
87. Instruments and apparates n.e.s. 31.0 4.7 26.7 4.3 25.9 5.0 26.5 3.6 24.8 4.1
88. Photographic equipment,optical goods etc. 2.2 0.3 1.8 0.3 2.1 0.4 2.5 0.3 1.9 0.3
89. Miscellaneous manufactured articles,n.e.s. 14.9 2.3 11.7 1.9 12.6 2.4 15.3 2.1 16.7 2.7
9. Goods not classified elsewhere 22.2 3.4 27.4 4.4 26.3 5.1 25.2 3.4 34.0 5.6
93. Special transactions and commodities not classified 12.3 1.9 17.2 2.8 16.1 3.1 15.1 2.0 23.8 3.9
97. Gold,non-monetary 00 0.3 0.1 00 0.2 0.0 0.7 0.1
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 9.9 1.5 9.9 1.6 10.2 2.0 9.8 1.3 9.5 1.6
0-9. All groups combined 654.1 100.0 619.9 100.0 518.3 100.0 738.6 100.0 609.5 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - November (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - November (ATP)

USA's Trade in Goods Start Page