Hungary Balance of Trade

Last Release

Nov 30, 2024

Actual

818.75

Units In

EUR Million

1,039.22

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
1,766.19 Apr 2024	-1,300 Aug 2022	210.66 EUR Million	1999-2024	Hungarian Central Statistical Office

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.

Latest Updates

Hungary’s trade surplus narrowed sharply to EUR 819 million in November 2024, from EUR 1,457 million in the same month last year, but above preliminary estimates of EUR 742 million. Exports dropped by 3.0% year-on-year to EUR 12,645 million while imports declined at a softer 2.1% to EUR 11,826 million. The share of EU member states was 77% in exports and 72% in imports. Considering the January to November period, the country posted a trade surplus of EUR 11,187 million.