Hungary
U.S. Trade with Hungary in 2023
Total Export Value
$34.6 Million
3-Year Average
$45.06 Million
Compound Average Growth
-4.72% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Hungary in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Planting Seeds | $13.81 Million | 3,678 | $21.22 Million | -53% |
Distilled Spirits | $5.29 Million | --- | $4.63 Million | 50% |
Food Preparations | $2.17 Million | 105 | $3.12 Million | -24% |
Other Intermediate Products | $2.1 Million | 56 | $2.12 Million | -8% |
Essential Oils | $1.62 Million | 101 | $1.97 Million | -27% |
Other Consumer Oriented | $1.5 Million | 643 | $1.78 Million | -58% |
Other Feeds, Meals & Fodders | $1.3 Million | 537 | $811,481 | 168% |
Sugar | $1.27 Million | 159 | $471,911 | 610% |
Tree Nuts | $1.15 Million | 236 | $880,550 | 9% |
Non-Alcoholic Bev. (excl. juices) | $917,784 | 51 | $1 Million | -35% |
Data and Analysis
Although Hungary regained its avian influenza-free status on July 3, 2024, the disease has returned.
The area of Hungary’s farmland has not changed significantly since 2020. At the same time, the number of agricultural operations has decreased by 19 percent due to an ongoing sectorial concentration.
Hungary, as a member of the European Union (EU), applies EU regulations to the imports of agricultural products. U.S. export certification requirements for most products destined for the EU have been harmonized. Products not yet harmonized are...