Trade in goods with USA SITC (Standard International Trade Classification)
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Hungary trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

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


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.10.20.20.20.1
Import0.30.20.20.20.3
Trade in Goods0.20.20.20.20.2

USA's foreign trade with Hungary, exports to Hungary and imports from Hungary in Juli 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 Juli Hungary was USA's 47. most important foreign trade partner. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $866 million was 20.5 per cent bigger than in Juli of the previous year. In Juli the trade balance with Hungary was $442 million in deficit for United States of America.

The value of imports from Hungary was 24.6 per cent higher than in Juli of the previous year, thus amounting to $654 million. Major product categories of imports from Hungary were Sitc542 (medicaments (including veterinary medicaments)), representing 21.0 percent of imports, 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) 18.3 % and Sitc778 (electrical machinery and apparatus, n.e.s.) 5.6 % of the imports.

The value of exports to Hungary were 9.4 percent higher than in Juli of the previous year, thus amounting to $212 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 14.3 per cent of total exports, Sitc898 (musical instruments and parts and accessories thereof; records, tapes and other sound or similar recordings (excluding goods of groups 763 and 883)) 9.7 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 8.3 % of the exports.

Significant increase in trade in goods in early 2021

During January-Juli, 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-Juli of the previous year. Growth was as high as 40.6547685767881 per cent and the value of the trade increased to $5.6 billion. During January-Juli the value of imports was $4.0 billion. The export value was $1.7 billion. Compared to the corresponding period of the previous year, the value of imports increased by 43.1% and the value of exports by 35.1%. The largest product group in terms of imports has been 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), worth $631 million. In export the largest value had 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), worth being $208 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $2.3 billion. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $1.5 billion.


Table: USA's export to Hungary (HU) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 3.4 1.6 2.7 1.0 1.3 0.5 1.1 0.4 0.10 0.4
05. Vegetables and fruit 2.6 1.2 1.6 0.6 0.5 0.2 0.4 0.1 0.2 0.1
09. Miscellaneous edible products and preparations 0.6 0.2 1.1 0.4 0.8 0.3 0.7 0.2 0.7 0.3
1. Beverages and tobacco 0.7 0.3 1.5 0.6 0.9 0.4 0.6 0.2 0.3 0.1
11. Beverages 0.5 0.2 0.7 0.3 0.5 0.2 0.6 0.2 0.3 0.1
12. Tobacco and tobacco manufactures 0.2 0.1 0.8 0.3 0.4 0.2 0 0.0 0 0.0
2. Crude materials,inedible,except fuels 1.3 0.6 0.9 0.3 1.7 0.7 0.3 0.1 0.3 0.1
28. Metalliferous ores and metal scrap 0.7 0.3 0.6 0.2 1.3 0.5 0.1 0.0 0.1 0.0
5. Chemicals and related products,n.e.s. 26.9 12.6 43.4 16.9 25.4 10.5 20.4 6.7 22.2 10.5
51. Organic chemicals 1.3 0.6 0.5 0.2 0.8 0.3 0.8 0.2 0.8 0.4
53. Dyeing,tanning and colouring material 0.4 0.2 0.4 0.2 0.2 0.1 0.7 0.2 1.3 0.6
54. Medicinal and pharmaceutical products 13.3 6.3 29.10 11.7 7.2 3.0 4.7 1.5 6.8 3.2
55. Perfume,cleaning etc.preparations 1.6 0.7 1.6 0.6 1.3 0.5 1.5 0.5 1.10 0.9
57. Plastics in primary forms 1.1 0.5 0.7 0.2 0.7 0.3 1.1 0.3 1.1 0.5
58. Plastics in non-primary forms 2.9 1.3 3.7 1.4 5.3 2.2 4.9 1.6 3.1 1.4
59. Chemical materials and products,n.e.s. 6.2 2.9 6.6 2.6 9.7 4.0 6.8 2.2 7.2 3.4
6. Basic manufactures 9.5 4.5 9.5 3.7 11.4 4.7 9.0 3.0 11.2 5.2
61. Leather,dressed fur,etc. 0.2 0.1 0.7 0.3 0.5 0.2 0.7 0.2 1.1 0.5
62. Rubber manufactures,n.e.s. 0.7 0.3 0.6 0.2 1.2 0.5 0.6 0.2 0.5 0.2
64. Paper,paperboard and articles thereof 1.1 0.5 0.7 0.2 0.6 0.2 0.8 0.2 0.9 0.4
65. Textile yarn,fabrics,made up articles,etc. 0.4 0.2 0.5 0.2 0.5 0.2 0.5 0.2 0.8 0.4
66. Non-metallic mineral manufactures,n.e.s. 2.8 1.3 2.8 1.1 3.4 1.4 2.10 1.0 3.3 1.5
68. Non-ferrous metals 1.7 0.8 1.5 0.6 1.10 0.8 0.9 0.3 1.3 0.6
69. Manufactures of metals,n.e.s. 2.5 1.2 2.8 1.1 3.2 1.3 2.6 0.8 3.1 1.4
7. Machinery,transport equipment 123.10 58.3 167.10 65.7 169.0 69.9 232.1 76.6 140.6 66.4
71. Power generating machinery and equipment 23.6 11.1 39.2 15.3 31.3 12.9 34.2 11.3 18.2 8.6
72. Machinery for specialized industries 8.5 4.0 7.4 2.9 4.3 1.8 12.1 4.0 7.2 3.4
73. Metal working machinery 0.4 0.2 0.7 0.3 0.7 0.3 0.6 0.2 0.5 0.2
74. General industrial machinery n.e.s. 11.0 5.2 7.7 3.0 12.3 5.1 7.3 2.4 9.3 4.4
75. Office machines and adp machines 11.4 5.3 30.1 11.8 27.6 11.4 64.8 21.4 27.2 12.8
76. Telecommunications and sound recording equipment 17.9 8.4 17.9 7.0 14.4 5.9 14.4 4.7 17.9 8.4
77. Electric machinery,n.e.s.and parts 28.9 13.6 44.3 17.3 48.8 20.2 78.9 26.0 43.7 20.6
78. Road vehicles 17.2 8.1 15.1 5.9 23.9 9.9 10.0 3.3 11.8 5.6
79. Other transport equipment 5.4 2.5 5.10 2.3 6.1 2.5 10.2 3.3 5.2 2.4
8. Miscellaneous manufactured articles 40.4 19.0 24.3 9.5 24.7 10.2 33.6 11.1 31.10 15.1
82. Furniture and parts thereof 0.4 0.2 0.2 0.1 0.2 0.1 0.3 0.1 0.7 0.3
87. Instruments and apparates n.e.s. 17.3 8.1 8.6 3.3 9.8 4.1 8.8 2.9 8.6 4.0
88. Photographic equipment,optical goods etc. 0.5 0.2 0.3 0.1 0.8 0.3 0.3 0.1 0.2 0.1
89. Miscellaneous manufactured articles,n.e.s. 21.8 10.2 14.10 5.8 13.6 5.6 24.1 7.9 22.6 10.7
9. Goods not classified elsewhere 6.4 3.0 5.9 2.3 7.7 3.2 5.9 1.9 4.7 2.2
93. Special transactions and commodities not classified 0.6 0.3 0.2 0.1 1.3 0.5 0.3 0.1 0.1 0.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 5.9 2.7 5.7 2.2 6.4 2.6 5.6 1.8 4.7 2.2
0-9. All groups combined 212.4 100.0 255.8 100.0 241.8 100.0 303.0 100.0 211.9 100.0

Source: US Census Bureau

Table: Import from Hungary (HU) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 6.4 0.9 5.4 0.9 6.4 1.1 7.1 1.2 5.7 0.9
00. Live animals 0.8 0.1 0.7 0.1 0.8 0.1 0.10 0.2 0.10 0.1
01. Meat and meat preparations 3.0 0.4 1.8 0.3 3.8 0.7 4.4 0.7 2.10 0.4
05. Vegetables and fruit 1.4 0.2 1.6 0.3 0.8 0.1 0.9 0.1 0.8 0.1
06. Sugars,sugar preparations and honey 0.7 0.1 0.9 0.1 0.1 0.0 0.3 0.0 0.4 0.1
1. Beverages and tobacco 0.2 0.0 0.6 0.1 0.4 0.1 0.3 0.0 0.6 0.1
11. Beverages 0.2 0.0 0.6 0.1 0.4 0.1 0.3 0.0 0.6 0.1
2. Crude materials,inedible,except fuels 1.7 0.2 20.1 3.6 1.4 0.2 2.8 0.5 1.7 0.3
26. Textile fibres and their wastes 0.1 0.0 0 0.0 0.6 0.1 0.1 0.0 0.6 0.1
28. Metalliferous ores and metal scrap 0 0.0 19.6 3.5 0 0.0 0.4 0.1 0 0.0
29. Crude animal,vegetable materials n.e.s. 1.6 0.2 0.4 0.1 0.6 0.1 2.5 0.4 0.5 0.1
5. Chemicals and related products,n.e.s. 219.7 29.7 113.2 20.2 98.0 17.3 148.2 25.1 169.8 26.0
51. Organic chemicals 8.1 1.1 5.4 1.0 2.4 0.4 4.8 0.8 4.4 0.7
52. Inorganic chemicals 3.4 0.5 3.8 0.7 3.7 0.6 3.3 0.6 4.9 0.7
54. Medicinal and pharmaceutical products 194.0 26.2 93.2 16.6 80.6 14.2 128.7 21.8 147.0 22.5
55. Perfume,cleaning etc.preparations 7.8 1.0 6.8 1.2 6.9 1.2 7.2 1.2 7.5 1.1
57. Plastics in primary forms 4.3 0.6 2.0 0.4 2.7 0.5 1.9 0.3 3.5 0.5
58. Plastics in non-primary forms 0.7 0.1 0.7 0.1 0.6 0.1 0.7 0.1 0.7 0.1
59. Chemical materials and products,n.e.s. 1.5 0.2 1.5 0.3 1.3 0.2 1.6 0.3 1.9 0.3
6. Basic manufactures 23.2 3.1 23.5 4.2 23.4 4.1 28.9 4.9 31.3 4.8
62. Rubber manufactures,n.e.s. 8.1 1.1 4.6 0.8 4.10 0.9 11.8 2.0 10.5 1.6
63. Wood and cork manufactures 0.4 0.0 0.9 0.2 0.7 0.1 0.6 0.1 1.4 0.2
64. Paper,paperboard and articles thereof 1.3 0.2 1.3 0.2 0.7 0.1 1.2 0.2 1.3 0.2
65. Textile yarn,fabrics,made up articles,etc. 2.9 0.4 2.7 0.5 5.5 1.0 3.10 0.7 3.3 0.5
66. Non-metallic mineral manufactures,n.e.s. 3.6 0.5 6.4 1.1 4.4 0.8 4.4 0.7 5.5 0.8
68. Non-ferrous metals 2.1 0.3 3.2 0.6 2.5 0.4 2.6 0.4 3.3 0.5
69. Manufactures of metals,n.e.s. 4.9 0.7 4.6 0.8 4.8 0.8 4.6 0.8 5.10 0.9
7. Machinery,transport equipment 414.9 56.1 332.3 59.3 370.6 65.5 335.10 56.9 367.6 56.2
71. Power generating machinery and equipment 56.4 7.6 34.0 6.1 26.5 4.7 31.9 5.4 20.1 3.1
72. Machinery for specialized industries 8.6 1.2 11.1 2.0 9.1 1.6 9.6 1.6 10.1 1.5
73. Metal working machinery 0.6 0.1 0.6 0.1 0.7 0.1 1.9 0.3 0.9 0.1
74. General industrial machinery n.e.s. 47.2 6.4 45.0 8.0 47.8 8.4 49.4 8.4 52.4 8.0
75. Office machines and adp machines 49.8 6.7 16.5 2.9 29.0 5.1 24.9 4.2 26.1 4.0
76. Telecommunications and sound recording equipment 36.6 4.9 31.10 5.7 31.5 5.6 38.10 6.6 28.2 4.3
77. Electric machinery,n.e.s.and parts 108.2 14.6 83.3 14.9 78.9 13.9 78.5 13.3 82.3 12.6
78. Road vehicles 107.2 14.5 108.7 19.4 147.0 26.0 100.6 17.0 147.1 22.5
79. Other transport equipment 0.7 0.1 1.4 0.2 0.4 0.1 0.6 0.1 0.8 0.1
8. Miscellaneous manufactured articles 46.9 6.3 43.8 7.8 45.1 8.0 44.8 7.6 55.5 8.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.6 0.1 0.5 0.1 0.7 0.1 0.5 0.1 1.6 0.2
82. Furniture and parts thereof 2.4 0.3 2.2 0.4 1.8 0.3 2.7 0.5 2.1 0.3
84. Articles of apparel and clothing accessories 1.8 0.2 0.9 0.1 1.5 0.3 1.2 0.2 2.1 0.3
85. Footwear 0.4 0.1 0.5 0.1 1.9 0.3 2.10 0.5 1.7 0.2
87. Instruments and apparates n.e.s. 27.9 3.8 25.2 4.5 24.2 4.3 22.7 3.8 31.1 4.7
88. Photographic equipment,optical goods etc. 1.2 0.2 3.2 0.6 0.10 0.2 1.7 0.3 2.3 0.3
89. Miscellaneous manufactured articles,n.e.s. 12.5 1.7 11.3 2.0 14.1 2.5 13.0 2.2 14.10 2.3
9. Goods not classified elsewhere 27.1 3.7 21.6 3.8 20.9 3.7 23.2 3.9 22.2 3.4
93. Special transactions and commodities not classified 17.6 2.4 11.2 2.0 11.9 2.1 12.10 2.2 12.3 1.9
97. Gold,non-monetary 0 0.0 1.2 0.2 0 0.0 0.4 0.1 0 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 9.5 1.3 9.3 1.7 9.0 1.6 9.8 1.7 9.10 1.5
0-9. All groups combined 739.7 100.0 560.3 100.0 565.8 100.0 590.9 100.0 654.1 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

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