The trade surplus in Hungary narrowed to HUF 43.77 billion in December 2019 from HUF 123.62 billion a year earlier. Exports went up 1.9 percent to HUF 2512 billion while imports rose at a faster 5.4 percent to HUF 2468 billion. The share of European Union Member States was 77 percent in exports and 74 percent in imports. For full 2019, the country’s trade surplus narrowed by HUF 126 billion to HUF 1627 billion, with exports advancing 6.1 percent and imports 6.9 percent. Hungary Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Balance of Trade in Hungary averaged 32508.56 HUF Million from 1988 until 2019, reaching an all time high of 361431.63 HUF Million in June of 2016 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. source: Hungarian Central Statistical Office

Balance of Trade in Hungary is expected to be 280000.00 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 90000.00 in 12 months time. In the long-term, the Hungary Balance of Trade is projected to trend around 110000.00 HUF Million in 2021, according to our econometric models.


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Hungary Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
43769.49 163094.51 361431.63 -246914.83 1988 - 2019 HUF Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 08:00 AM Sep HUF 191B HUF13B HUF 70B
2019-12-09 08:00 AM Oct HUF 170B HUF 191B HUF 90B
2020-01-08 08:00 AM Nov HUF 168B HUF 170B
2020-02-07 08:00 AM Dec HUF 44B HUF 163B HUF 120B
2020-03-10 08:00 AM Jan HUF 44B
2020-04-08 07:00 AM Feb
2020-05-08 07:00 AM Mar HUF 280B
2020-06-09 07:00 AM Apr


News Stream
Hungary Trade Surplus Narrows in December
The trade surplus in Hungary narrowed to HUF 43.77 billion in December 2019 from HUF 123.62 billion a year earlier. Exports went up 1.9 percent to HUF 2512 billion while imports rose at a faster 5.4 percent to HUF 2468 billion. The share of European Union Member States was 77 percent in exports and 74 percent in imports. For full 2019, the country’s trade surplus narrowed by HUF 126 billion to HUF 1627 billion, with exports advancing 6.1 percent and imports 6.9 percent.
2020-02-07
Hungary Trade Surplus Rises in November
The trade surplus in Hungary widened to HUF 168 billion in November of 2019 from HUF 141.6 billion a year earlier. Exports increased 3.2 percent to HUF 3154 billion and imports rose at a slower 2.5 percent to 2986 billion. The share of European Union Member States was 80 percent in exports and 76 percent in imports. Considering the first eleven months of 2019, the country's surplus narrowed 41 percent to HUF 1588 billion, with exports rising 6.4 percent and imports 6.9 percent.
2020-01-08
Hungary Trade Surplus Widens in October
Hungary's trade surplus increased to HUF 170 billion in October 2019 from HUF 70 billion in the corresponding month of the previous year, according to preliminary estimates. Exports climbed 9.4 percent to HUF 3,349 billion while imports rose 6.3 percent to HUF 3,179 billion. In the first ten months of the year, the country's trade surplus narrowed to HUF 1,432 billion from HUF 1,487 billion, as shipments and purchases advanced 6.8 percent and 7.4 percent, respectively.
2019-12-09
Hungary Trade Balance Swings to Surplus in August
Hungary recorded a trade surplus of HUF 13 billion in August 2019 compared to a HUF 21 billion deficit in the same month of the previous year, according to preliminary estimates. Exports increased 3.7 percent to HUF 2,660 billion and imports rose 2.4 percent to HUF 2,647 billion. In the January to August period, the country's trade surplus shrank by HUF 285 billion to HUF 1,072 billion, as purchases surged 7.2 percent to HUF 22,157 billion while shipments advanced at a slower 5.5 percent to HUF 23,229 billion.
2019-10-09

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.