Hungary / United States

Hungary-United States Trade: In 2023, Hungary exported $7.66B to United States. The main products that Hungary exported to United States were Cars ($1.75B), Electric Batteries ($822M), and Computers ($334M). Over the past 5 years the exports of Hungary to United States have increased at an annualized rate of 9.98%, from $4.76B in 2018 to $7.66B in 2023.

In 2020, Hungary exported services to United States worth $1.72B, with Computer and information services ($427M), Royalties and license fees ($411M), and Other business services ($387M) being the largest in terms of value.

United States-Hungary Trade: In 2023, United States exported $2.92B to Hungary. The main products that United States exported to Hungary were Office Machine Parts ($467M), Gas Turbines ($414M), and Broadcasting Equipment ($219M). Over the past 5 years the exports of United States to Hungary have increased at an annualized rate of 7.23%,  from $2.06B in 2018 to $2.92B in 2023.

In 2017, United States exported services to Hungary worth $1.16B, with Royalties and license fees ($368M), Travel ($299M), and Other business services ($195M) being the largest in terms of value.

Comparison: In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).