The trade surplus in Hungary narrowed to HUF 80 billion in April of 2019 from HUF 150 billion in the same month of the previous year, according to preliminary estimates. Exports rose 6.3 percent to HUF 2,834 billion while imports advanced at a faster 9.5 percent to HUF 2,754 billion. In the January to April period, the trade surplus fell by HUF 152 billion to HUF 666 billion, as exports climbed 7.8 percent to HUF 11,660 billion and imports jumped 9.9 percent to HUF 10,994 billion. Balance of Trade in Hungary averaged 30676.89 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.

Balance of Trade in Hungary is expected to be 350000.00 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 280000.00 in 12 months time. In the long-term, the Hungary Balance of Trade is projected to trend around 110000.00 HUF Million in 2020, according to our econometric models.

Hungary Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-11 08:00 AM Balance of Trade HUF 120B HUF 129B HUF 160B
2019-04-08 07:00 AM Balance of Trade HUF 283B HUF 123B HUF 260B
2019-05-09 07:00 AM Balance of Trade HUF 213B HUF 259B HUF 220B
2019-06-07 07:00 AM Balance of Trade HUF 80B HUF 203B HUF 140B
2019-07-09 07:00 AM Balance of Trade HUF 80B HUF 170B
2019-08-08 07:00 AM Balance of Trade HUF 350B
2019-09-06 07:00 AM Balance of Trade HUF 90B


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 80000.00 202664.46 361431.63 -246914.83 HUF Million [+]
Current Account 328.90 -426.00 2181.33 -2319.51 EUR Million [+]
Current Account to GDP 0.40 3.20 6.10 -10.80 percent [+]
Imports 2754000.00 2856000.00 2990399.88 27000.00 HUF Million [+]
Exports 2834000.00 3059000.00 3079187.55 26300.00 HUF Million [+]
External Debt 109460.75 106219.70 142673.70 22026.90 EUR Million [+]
Terms of Trade 99.61 99.13 104.59 96.04 Index Points [+]
Capital Flows 16.50 -574.40 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 2085.30 2433.70 4221.40 -15097.10 EUR Million [+]
Remittances 323.50 347.80 458.20 46.20 EUR Million [+]
Gold Reserves 31.50 31.50 31.50 0.00 Tonnes [+]
Terrorism Index 0.36 0.84 2.32 0.00 [+]
Crude Oil Production 17.00 19.00 46.00 11.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Hungary Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
80000.00 202664.46 361431.63 -246914.83 1988 - 2019 HUF Million Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 15671.60 Apr/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia 207.60 May/19
Italy 2884.57 Apr/19
Japan -967.11 May/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 3962.64 May/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19


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