Trade Relations

The United States is one of Hungary's most significant non-European trading partners, ranking second only to China in total bilateral trade volume with non-EU countries.

Trade Overview

Hungary's main exports to the U.S. include computers and electronics, chemicals, automotive components, and pharmaceuticals. Key U.S. exports to Hungary include semiconductor equipment, pharmaceutical products, and aerospace components.

U.S. Investment in Hungary

The United States is among Hungary's top ten foreign investors, with cumulative U.S. direct investment exceeding $9 billion. More than 600 American companies operate subsidiaries in Hungary, many drawn by the country's skilled workforce, EU market access, and competitive costs. Major U.S. investors include GE, IBM, Microsoft, Cisco, Oracle, Johnson & Johnson, Pfizer, Ford, General Motors, and many others across virtually every sector of the economy.

Bilateral Framework

Trade and investment relations are governed by a bilateral investment treaty and facilitated through the American Chamber of Commerce in Hungary (AmCham), which is one of the most active business advocacy organisations in the country.

For more information, please visit the Embassy of Hungary, Washington, DC.