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U.S. Commercial Service & American – Hungarian Business Relations

U.S. Commercial Service & American – Hungarian Business Relations. Zsolt Makai, Commercial Specialist January 21, 2010 Budapest, Hungary. Our Worldwide Network. Goal: Increase U.S. EXPORTS worldwide!. U.S. Department of Commerce. Export Assistant Centers 107 offices in the U.S.

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U.S. Commercial Service & American – Hungarian Business Relations

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  1. U.S. Commercial Service& American – HungarianBusiness Relations Zsolt Makai, Commercial Specialist January 21, 2010 Budapest, Hungary

  2. Our Worldwide Network Goal: Increase U.S. EXPORTS worldwide! U.S. Department of Commerce • Export Assistant Centers • 107 offices in the U.S. • USCS Worldwide • 145 int’l offices • i.e. Budapest exports

  3. USEAC NETWORK ORGANIZATION 05/30/2009 Seattle Tacoma Portland Spokane Missoula Minneapolis Fargo Montpelier Portland Boise Portsmouth Rochester NORTHEAST (Boston) Grand Rapids Buffalo Providence Pontiac Sioux Falls Milwaukee Westchester Middletown Detroit Long Island North Bay/Novato Ypsilanti New York Libertyville Great Lakes (Cleveland) Sacramento Harrisburg Harlem Des Moines Rockford Toledo Newark San Francisco Reno Omaha Midwest (Chicago) Pittsburgh Salt Lake City Oakland Akron Trenton Peoria San Jose Wheeling MIDATLANTIC (Philadelphia) Columbus Indianapolis PACIFIC NORTH (San Jose/PNW) SOUTHWEST(Denver) Kansas City Cincinnati NorthernVirginia Baltimore Las Vegas Richmond Monterey Fresno Wichita Lexington Charleston St. Louis Louisville Bakersfield Greensboro Downtown LA Raleigh Ventura County Ontario (Inland Empire) Nashville`1 Tulsa Charlotte West L.A. Santa Fe Knoxville Indio(Cabazon) Newport Beach Memphis Oklahoma City Greenville Columbia PACIFIC SOUTH (So. California) Phoenix Little Rock SOUTHERN (Atlanta) San Diego Birmingham Charleston Tucson Jackson Savannah Ft. Worth N. Texas/Arlington Shreveport El Paso Tallahassee Midland Jacksonville Austin New Orleans Orlando Houston San Antonio Clearwater Ft. Lauderdale ODO NETWORKS NORTHEAST MID-ATLANTIC SOUTHERN GREAT LAKES MIDWEST SOUTHWEST PACIFIC NORTH PACIFIC SOUTH Miami McAllen Honolulu San Juan Anchorage (Reports to Pacific South Network) (Reports to Pacific North Network)

  4. USCS Budapest • 2 American Officers – 5 Commercial Specialists • 196 Export Successes and 14 Commercial Diplomacy Successes (2008-2009) • Averaging 21 inquires from U.S. firms per month (FY’09) • A monthly average of 18,000 visits on our websites (8,100 on Hungarian site and 10400 On English site) • www.buyusa.gov/hungary

  5. Our Services • For American companies • Gold Key Services (GKS) • Int’l Partner Search (IPS) • Int’l Company Profile (ICP) • Market Research (MR) • Country Commercial Guide • Advocacy $ • For Hungarian companies • Int’l Buyers Program (IBP) • Business Service Providers Directory (BSP) • Reverse Gold Key (RGK) • Directory of U.S. Companies (coming soon) • Trade Leads • Customized Import Assistance • Commercial News Magazine $

  6. US Business Presence in Hungary • U.S. FDI to Hungary ≈ USD 9 billion (since 1990) • Over 2000 companies with partial U.S. ownership • 128 wholly U.S. owned companies • Very active American Chamber of Commerce • ITD Hungary • Continued interest in Central Europe by US SMEs

  7. Largest US Investment in Hungary

  8. Best Prospects for US Businesses in Hungary • Computer Software & Hardware • Franchising • Logistics • Medical Equipment • Pollution Control • Renewable Energy • Safety and Security • Travel and Tourism Services • Visa Waiver Program & ESTA

  9. VIP Delegation at CES • International Buyer Program (IBP) • The Delegation • Major players of consumer electronics market in Hungary • 10 people • Extra services • CES • Largest show of the kind in the world • About 110,000 + visitors • 5000+ exhibitors • Market seems to recover from global economic meltdown • 35 IBP events in 2010 • Sponsored by the US Department of Commerce • 6 escorted, 10 unescorted

  10. THANK YOU! www.buyusa.gov/hungary U.S. Commercial Service – Connecting you to global markets.

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