Hungary recorded a trade surplus of 86905.16 HUF Million in August of 2020. source: Hungarian Central Statistical Office

Balance of Trade in Hungary averaged 33489.42 HUF Million from 1988 until 2020, reaching an all time high of 375154.84 HUF Million in February of 2020 and a record low of -246914.83 HUF Million in April of 2004. This page provides - Hungary Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Balance of Trade in Hungary is expected to be 90000.00 HUF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Hungary to stand at 170000.00 in 12 months time. In the long-term, the Hungary Balance of Trade is projected to trend around 110000.00 HUF Million in 2021 and 190000.00 HUF Million in 2022, according to our econometric models.

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Hungary Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
86905.16 76502.17 375154.84 -246914.83 1988 - 2020 HUF Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-09 07:00 AM May HUF52B HUF-195B HUF100B
2020-08-07 07:00 AM Jun HUF240B HUF52B HUF 170B
2020-09-08 07:00 AM Jul HUF96B HUF225B HUF55B
2020-10-09 07:00 AM Aug HUF87B HUF77B HUF45B
2020-11-06 08:00 AM Sep HUF87B HUF 310B
2020-12-09 08:00 AM Oct


News Stream
Hungary Trade Surplus Widens in July
The trade surplus in Hungary widened to HUF 96 billion in July 2020 from HUF 26 billion in the corresponding month of the previous year, a preliminary estimate showed. Exports rose 1.6 percent to HUF 2976 billion while imports dropped 0.7 percent to HUF 2880 billion, amid the coronavirus crisis. The share of European Union Member States was 77 percent in exports and 71 percent in imports. In the first seven months of the year, the country's trade surplus narrowed by HUF 187 billion to HUF 790 billion.
2020-09-08
Hungary Trade Surplus Widens in June
The trade surplus in Hungary rose to HUF 240 billion in June of 2020 from HUF 157 billion a year earlier, a preliminary estimate showed. Exports grew 4.2 percent to HUF 2973 billion whereas imports rose at a slower 1.4 percent to HUF 2733 billion, prompted by the easing in coronavirus-related restrictions. The share of European Union Member States was 78 percent in exports and 68 percent in imports. In the first six months of the year, the country's trade surplus narrowed by HUF 311 billion to HUF 710 billion.
2020-08-07
Hungary Posts Largest Trade Gap in 16 Years
Hungary posted a HUF 213 billion trade deficit in April 2020, compared with a HUF 81 billion in the same month last year, a preliminary estimate showed. That was the first trade gap since August 2018 and the largest since a record high in April 2004 as exports and imports tumbled 30.1 percent and 20.4 percent, respectively, amid the coronavirus pandemic.
2020-06-09
Hungary Trade Surplus Widens in January
The trade surplus in Hungary rose to HUF 147 billion in January of 2020 from HUF 121 billion a year earlier, a preliminary estimate showed. Exports surged 7.1 percent to HUF 3080 billion while imports advanced at a slower 6.4 percent to HUF 2933 billion. The share of European Union Member States was 81 percent in exports and 73 percent in imports.
2020-03-10

Hungary Balance of Trade
Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Hungary's major imports are machinery and equipment, other manufactures and fuels and electricity. European Union is by far its largest trading partner, accounting for about 79% of exports and 76% of imports.