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April 2013

Top Exports To Hungary

Total Exports To Hungary: $550,399,071
RankCommodityTotal YTD Exports
1Aircraft engines, parts $99,643,232
2Computers $79,956,471
3Landline, cellular phone equipment $24,708,500
4Low value shipments $19,613,931
5Motor vehicle parts $19,269,136
6Computer parts $16,574,326
7Electronic integrated circuits $14,531,513
8Aircraft $13,412,817
9Taps, cocks and valves for pipes, tanks $11,838,632
10Internal combustion engines, including aircraft $8,888,611

Total Imports From Hungary

Total Imports From Hungary: $1,083,483,465
RankCommodityTotal YTD
1Computers $174,071,995
2Aircraft engines, parts $61,829,902
3Imports of returned exports $52,905,071
4Electric Filament or Discharge Lamps, Parts 8539 $40,762,326
5Compressors and pumps $36,484,175
6Internal combustion engines, including aircraft $35,024,114
7Motor vehicle parts $32,813,008
8Taps, cocks and valves for pipes, tanks $32,076,594
9Automatic regulating instruments, parts $26,976,868
10Miscellaneous machine parts $25,233,633
April 2013

Top Hungary Trading Partners

Total Hungary trade: $1,633,882,536
RankDistrictTotal YTD
1New York City $310,979,789
2Atlanta/Savannah $159,036,233
3Chicago $139,354,618
4Charleston $138,470,958
5Dallas $90,048,527
6New Orleans $83,766,749
7Detroit $83,699,362
8Houston $82,244,249
9Los Angeles $75,858,787
10Cleveland $70,961,430

Top US Trading Partners

Total U.S. trade for all countries: $1,240,094,299,613
Rank Commodity Total YTD Exports
1 CANADA $208,978,587,734
2 CHINA $167,425,009,162
3 MEXICO $164,532,690,124
4 JAPAN $67,112,714,884
5 GERMANY $51,552,541,119
6 SOUTH KOREA $34,229,534,716
7 UNITED KINGDOM $32,584,296,233
8 FRANCE $24,202,553,636
9 BRAZIL $21,977,714,927
10 SAUDI ARABIA $20,869,108,860

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.

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