Hungary / United States

Hungary-United States Trade: In 2022, Hungary exported $3.61B to United States. The main products that Hungary exported to United States were Cars ($1.03B), Electric Batteries ($419M), and Computers ($283M). Over the past 5 years the exports of Hungary to United States have increased at an annualized rate of 47.8%, from $512M in 2017 to $3.61B in 2022.

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 2022, United States exported $1.99B to Hungary. The main products that United States exported to Hungary were Office Machine Parts ($454M), Gas Turbines ($391M), and Broadcasting Equipment ($224M). Over the past 5 years the exports of United States to Hungary have increased at an annualized rate of 35.7%,  from $433M in 2017 to $1.99B in 2022.

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 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).