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Trade between Hungary and the United States

In 2024, Hungary exported $11.5 billion to the United States and imported $2.8 billion. Hungary ran a surplus of $8.6 billion with the United States, compared with a surplus of $2.1 billion in 2019. The United States was Hungary’s 4th largest trading partner (5% of its trade), and Hungary was the United States’ 41st (0.3%).

Summary

Hungary → United States
$11.5billion
United States → Hungary
$2.8billion
Hungary’s balance
$8.6billion

Balance

Hungary’s trade balance with the United States

Trade between Hungary and the United States grew 13.3-fold since 1995

USD billions (current). Hungary’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 11.5
  • Imports 2.8
  • Balance +8.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$586 million$493 million$93 million
1996$701 million$576 million$125 million
1997$1.1 billion$801 million$277 million
1998$1.5 billion$926 million$591 million
1999$1.8 billion$943 million$886 million
2000$2.7 billion$1.2 billion$1.5 billion
2001$3 billion$1.3 billion$1.8 billion
2002$2.6 billion$1.2 billion$1.4 billion
2003$2.7 billion$1.7 billion$1 billion
2004$2.6 billion$880 million$1.7 billion
2005$2.6 billion$1.1 billion$1.5 billion
2006$2.6 billion$1.3 billion$1.3 billion
2007$2.7 billion$1.5 billion$1.2 billion
2008$3 billion$1.9 billion$1.1 billion
2009$2.1 billion$1.5 billion$637 million
2010$2.3 billion$1.5 billion$794 million
2011$2.7 billion$1.9 billion$735 million
2012$2.8 billion$1.9 billion$916 million
2013$3.4 billion$2.1 billion$1.3 billion
2014$5.1 billion$2 billion$3.1 billion
2015$4.4 billion$1.9 billion$2.5 billion
2016$4.6 billion$2 billion$2.6 billion
2017$4.1 billion$2.1 billion$2 billion
2018$4.6 billion$2.1 billion$2.5 billion
2019$4.5 billion$2.4 billion$2.1 billion
2020$4.6 billion$2.3 billion$2.3 billion
2021$6.3 billion$3 billion$3.4 billion
2022$7.1 billion$2.9 billion$4.1 billion
2023$7.5 billion$2.9 billion$4.5 billion
2024$11.5 billion$2.8 billion$8.6 billion

What they sell each other

What Hungary sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Medicines in measured doses or retail packs$3.6 billion · 31.3%
    538 tonnes · Hungary’s destinations
  2. Cars$1.8 billion · 15.3%
    108 thousand tonnes · Hungary’s destinations
  3. Batteries$1.2 billion · 10.7%
    23 thousand tonnes · Hungary’s destinations
  4. Turbojets and gas turbines$334 million · 2.9%
    450 tonnes · Hungary’s destinations
  5. Computers$314 million · 2.7%
    817 tonnes · Hungary’s destinations
  6. Auto parts$289 million · 2.5%
    26 thousand tonnes · Hungary’s destinations
  7. Radio receivers$221 million · 1.9%
    1 thousand tonnes
  8. Control panels$192 million · 1.7%
    1 thousand tonnes
  9. Valves and taps$182 million · 1.6%
    3 thousand tonnes
  10. Other plastic articles$150 million · 1.3%
    3 thousand tonnes

What the United States sells to Hungary

The top 10 headings in 2024, with their share of the total.

  1. Computer and office machine parts$597 million · 21.1%
    526 tonnes
  2. Turbojets and gas turbines$311 million · 11%
    939 tonnes · the United States’ destinations
  3. Cameras and broadcast equipment$270 million · 9.5%
    668 tonnes
  4. Auto parts$177 million · 6.3%
    8 thousand tonnes · the United States’ destinations
  5. Vaccines, blood and antisera$121 million · 4.3%
    141 tonnes · the United States’ destinations
  6. Microchips$100 million · 3.5%
    13 tonnes · the United States’ destinations
  7. Computers$64 million · 2.2%
    68 tonnes · the United States’ destinations
  8. Valves and taps$51 million · 1.8%
    646 tonnes
  9. Mirrors and rear-view mirrors$47 million · 1.6%
    327 tonnes
  10. Medical and dental instruments$45 million · 1.6%
    1 thousand tonnes · the United States’ destinations

How it travels

Estimated sea route from Rijeka (Croatia) to Los Angeles.

The estimated sea route between Rijeka (Croatia) and Los Angeles is 9,163 nautical miles (16,970 km) long: ≈ 21–27.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Panama Canal.

Hungary is landlocked: it ships through Rijeka (Croatia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$4.5 billion · 31.6%
  2. Air$9.8 billion · 68.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was Hungary’s 4th largest trading partner (5% of its trade), and Hungary was the United States’ 41st (0.3%).

The United States in Hungary’s trade
4.8%
The United States’ rank among Hungary’s partners
4th
Hungary in the United States’ trade
0.3%
Hungary’s rank among the United States’ partners
41st

Compare with

Other partners of Hungary

Other partners of the United States

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.