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.