Top Exports To HungaryTotal Exports To Hungary: $550,399,071
|Rank||Commodity||Total YTD Exports|
|1||Aircraft engines, parts||$99,643,232|
|3||Landline, cellular phone equipment||$24,708,500|
|4||Low value shipments||$19,613,931|
|5||Motor vehicle parts||$19,269,136|
|7||Electronic integrated circuits||$14,531,513|
|9||Taps, cocks and valves for pipes, tanks||$11,838,632|
|10||Internal combustion engines, including aircraft||$8,888,611|
Total Imports From HungaryTotal Imports From Hungary: $1,083,483,465
|2||Aircraft engines, parts||$61,829,902|
|3||Imports of returned exports||$52,905,071|
|4||Electric Filament or Discharge Lamps, Parts 8539||$40,762,326|
|5||Compressors and pumps||$36,484,175|
|6||Internal combustion engines, including aircraft||$35,024,114|
|7||Motor vehicle parts||$32,813,008|
|8||Taps, cocks and valves for pipes, tanks||$32,076,594|
|9||Automatic regulating instruments, parts||$26,976,868|
|10||Miscellaneous machine parts||$25,233,633|
Top Hungary Trading PartnersTotal Hungary trade: $1,633,882,536
|1||New York City||$310,979,789|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Hungary’s trade rose to $1,633,882,536 through April
Hungary’s trade with the United States rose to $1,633,882,536 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 8.08 percent above its total trade during the same time period last year. Hungary’s exports increased 9.70 percent while imports rose 7.27 percent. The U.S. deficit with Hungary was $533,084,394.Through April, Hungary’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Atlanta/Savannah, No. 3 Chicago, No. 4 Charleston and No. 5 Dallas compared to last year when the top spots were held by No. 1 New York City, No. 2 Chicago, No. 3 Atlanta/Savannah, No. 4 New Orleans and No. 5 Charleston. In the current time period, the top five accounted for 95.00 percent of Hungary’s U.S. trade.. That compares to 80.42 percent for the nation’s top five Customs districts during the same time period.
Taking a closer look at the leading U.S. gateways for U.S. trade with Hungary,:
- Trade with No. 1 New York City rose 45.91 percent to $310,979,789.
Exports fell -9.74 percent to $81,890,579. Imports rose 87.16 percent to $229,089,210.
- Trade with No. 2 Atlanta/savannah rose 11.06 percent to $159,036,233.
Exports rose 19.49 percent to $70,058,133. Imports rose 5.22 percent to $88,978,100.
- Trade with No. 3 Chicago fell -4.68 percent to $139,354,618.
Exports rose 8.74 percent to $35,897,417. Imports fell -8.60 percent to $103,457,201.
- Trade with No. 4 Charleston rose 3.30 percent to $138,470,958.
Exports fell -2.69 percent to $12,692,728. Imports rose 3.94 percent to $125,778,230.
- Trade with No. 5 Dallas rose 3.21 percent to $90,048,527.
Exports rose 35.81 percent to $64,262,973. Imports fell -35.42 percent to $25,785,554.
Through April, 10 Customs districts posted trade surpluses with Hungary while 31 had deficits. That compares with 9 surpluses and 33 deficits for the same period one year ago. The top surplus was with Dallas at $38,477,419, the largest deficit was with New York City at $-147,198,631.
Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.
The top five U.S. exports to Hungary by value through April were aircraft engines, parts; computers; landline, cellular phone equipment; low value shipments; and motor vehicle parts, respectively. They accounted for 44.18 percent of total exports to Hungary.
The value of the top five U.S. imports from Hungary -- computers; aircraft engines, parts; imports of returned exports; electric filament or discharge lamps, parts 8539; and compressors and pumps -- accounted for 33.78 percent of all inbound shipments.
Looking more closely at U.S. exports to Hungary:
- Aircraft engines, parts rose 22.39 percent compared to last year to $99,643,232.
- Computers rose 42.57 percent compared to last year to $79,956,471.
- Landline, cellular phone equipment fell -8.02 percent compared to last year to $24,708,500.
- Low value shipments rose 13.30 percent compared to last year to $19,613,931.
- Motor vehicle parts rose 29.33 percent compared to last year to $19,269,136.
Looking more closely at U.S. imports from Hungary
- Computers rose 3.93 percent compared to last year to $174,071,995.
- Aircraft engines, parts fell -39.43 percent compared to last year to $61,829,902.
- Imports of returned exports rose 33.96 percent compared to last year to $52,905,071.
- Electric Filament or Discharge Lamps, Parts 8539 fell -18.38 percent compared to last year to $40,762,326.
- Compressors and pumps rose 40.88 percent compared to last year to $36,484,175.
In the latest annual figures available, Hungary recorded $1,511,760,282 in trade with the United States. At year’s end, its top five Customs districts were New York City, Atlanta/Savannah, Chicago, New Orleans and Charleston. Total U.S. exports to Hungary were $1,564,472,425 and imports from Hungary were $3,214,409,541. The U.S. deficit with Hungary was $-1,649,937,116.