Hungary recorded a trade deficit of 467 EUR Million in August of 2021. source: Hungarian Central Statistical Office

Balance of Trade in Hungary averaged 194.02 EUR Million from 1999 until 2021, reaching an all time high of 1187.85 EUR Million in September of 2020 and a record low of -986.27 EUR 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 2021.

Balance of Trade in Hungary is expected to be 150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Balance of Trade is projected to trend around -100.00 EUR Million in 2022 and -800.00 EUR Million in 2023, according to our econometric models.

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Hungary Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2021-07-09 07:00 AM Balance of Trade May HUF30B HUF 113B HUF 170B
2021-08-06 07:00 AM Balance of Trade Jun HUF237B HUF20B HUF 330B
2021-09-08 07:00 AM Balance of Trade Jul HUF-64B HUF219B
2021-10-08 07:00 AM Balance of Trade Prel Aug €-467M €-210M €61M
2021-11-02 08:00 AM Balance of Trade Final Aug €-210M €-467M €-467M
2021-11-08 08:00 AM Balance of Trade Prel Sep
2021-12-02 08:00 AM Balance of Trade Final Sep
2021-12-09 08:00 AM Balance of Trade Prel Oct

Hungary Last Unit Reference Previous Highest Lowest
Balance of Trade -467.00 EUR Million Aug/21 -209.77 1187.85 -986.27
Exports 8404.01 EUR Million Aug/21 9549.12 11159.70 1434.63
Imports 8871.44 EUR Million Aug/21 9758.89 10274.73 1562.20
Terms of Trade 97.13 points Jul/21 97.05 104.50 96.04

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.