Hungary posted a trade surplus of EUR 886 million in March 2023, below the preliminary estimate of EUR 899 million, and shifting from a trade deficit of EUR 819.54 million in the corresponding month of the previous year. It was the second consecutive month of trade surplus, as exports rose more than imports. Exports grew by 17% year-on-year to EUR 14,216 million, while imports advanced at a slower 3.1% to EUR 13,330 million. Lastly, the share of EU Member States were 78% in exports and 68% in imports. source: Hungarian Central Statistical Office

Balance of Trade in Hungary averaged 150.74 EUR Million from 1999 until 2023, reaching an all time high of 1187.85 EUR Million in September of 2020 and a record low of -1577.63 EUR Million in August of 2022. 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 June of 2023.

Balance of Trade in Hungary is expected to be -1200.00 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 -4500.00 EUR Million in 2024 and -4750.00 EUR Million in 2025, according to our econometric models.

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Hungary Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2023-05-09 06:30 AM Balance of Trade Prel Mar €899M €581M € -1200M
2023-06-01 06:30 AM Balance of Trade Final Mar €886M €899M €899M €899.0M
2023-06-08 06:30 AM Balance of Trade Prel Apr €886M €275M €900.0M


Related Last Previous Unit Reference
Balance of Trade 886.00 581.00 EUR Million Mar 2023
Imports 13330.00 12174.79 EUR Million Mar 2023
Exports 14216.00 12755.96 EUR Million Mar 2023
Terms of Trade 105.23 101.40 points Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
886.00 581.00 1187.85 -1577.63 1999 - 2023 EUR Million Monthly
Current Prices, NSA

News Stream
Hungary Trade Surplus Revised Lower
Hungary posted a trade surplus of EUR 886 million in March 2023, below the preliminary estimate of EUR 899 million, and shifting from a trade deficit of EUR 819.54 million in the corresponding month of the previous year. It was the second consecutive month of trade surplus, as exports rose more than imports. Exports grew by 17% year-on-year to EUR 14,216 million, while imports advanced at a slower 3.1% to EUR 13,330 million. Lastly, the share of EU Member States were 78% in exports and 68% in imports.
2023-06-01
Hungary Trade Balance Swings to Surplus in March
Hungary recorded a trade surplus of EUR 899 million in March 2023, shifting from a deficit of EUR 820 million in the same month a year earlier, preliminary estimates showed. Exports climbed 16.5 percent year-on-year to EUR 14,111 million, while imports increased 2.1 percent to EUR 13,212 million. In addition, the share of EU Member States were 78 percent in exports and 69 percent in imports.
2023-05-09
Hungary Trade Surplus Revised Higher
Hungary posted a trade surplus of EUR 581 million in February 2023, from a preliminary estimate of EUR 513 million, and compared to a deficit of EUR 236 million in the corresponding month of the previous year. This was the first trade surplus since June 2021, as exports rose more than imports. Exports grew by 12 percent year-on-year to EUR 12,632 million, while imports advanced at a slower 4.3 percent to EUR 12,119 million. Moreover, the share of EU Member States were 78 percent in exports and 68 percent in imports.
2023-05-02