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
Maintaining Hungary’s GE-free status remains a government priority. Although the country’s scientific and breeding institutions were supportive of genome editing, the EC’s legislative proposal on NGTs was caught in a political crossfire in October 2023.
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.