Hungary Balance of Trade  1988-2017 | Data | Chart | Calendar | Forecast

Hungary's trade surplus narrowed to HUF 327.0 billion in June 2017 from HUF 363.7 billion in the corresponding month of the previous year, according a the preliminary estimate. Exports increased 2.6 percent year-on-year to HUF 2,721 billion while imports rose at a faster 4.6 percent to HUF 2,394 billion. In the first half of 2017, the trade surplus narrowed to HUF 1,664 billion from HUF 1,695 billion in the same period of 2016, as exports grew 4.5 percent year-on-year to HUF 15,781 billion and imports went up 6.5 percent to HUF 14,117 billion. Balance of Trade in Hungary averaged 23538.20 HUF Million from 1988 until 2017, reaching an all time high of 363667.97 HUF Million in June of 2016 and a record low of -246915 HUF Million in April of 2004.

Hungary Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-08 07:00 AM Apr HUF 273B HUF 303B HUF 308B
2017-07-07 07:00 AM May HUF 283B HUF 269B HUF 222B
2017-08-08 07:00 AM Jun HUF 327B HUF 297B HUF 320B
2017-09-08 07:00 AM Jul HUF 327B
2017-10-06 07:00 AM Aug
2017-11-09 08:00 AM Sep


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 327000.00 297287.23 363667.97 -246915.00 HUF Million [+]
Exports 2721000.00 2814338.46 2931475.22 26300.00 HUF Million [+]
Imports 2394000.00 2517051.24 2628314.16 27000.00 HUF Million [+]
Current Account 1220.53 855.95 1988.76 -2319.51 EUR Million [+]
Current Account to GDP 4.80 3.30 4.80 -10.80 percent [+]
External Debt 109591.45 108008.64 142673.70 22026.90 EUR Million [+]
Terms of Trade 98.83 99.42 104.59 96.04 Index Points [+]
Capital Flows 282.50 163.50 5236.00 -2908.00 EUR Million [+]
Foreign Direct Investment 2678.80 1885.10 4221.40 -15103.90 EUR Million [+]
Remittances 227.00 221.00 446.40 46.20 EUR Million [+]
Gold Reserves 3.08 0.00 3.14 0.00 Tonnes [+]
Crude Oil Production 13.00 13.00 46.00 11.00 BBL/D/1K [+]
Terrorism Index 0.23 1.19 2.32 0.00 [+]

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



Hungary Balance of Trade Notes

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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
327000.00 297287.23 363667.97 -246915.00 1988 - 2017 HUF Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17