The trade surplus in Hungary narrowed to HUF 95 billion in October 2018 from HUF 163.3 billion in the same month a year earlier, according to a preliminary estimate. Imports increased 14.8 percent year-on-year to HUF 2,968 billion while exports rose at a softer 11.4 percent to HUF 3,063 billion. Considering the first ten months of the year, the trade gap recorded a surplus of HUF 1,634 billion, as sales went up 7.6 percent to HUF 27,940 billion and purchases increased 10.2 percent to HUF 26,603 billion. Balance of Trade in Hungary averaged 29162.90 HUF Million from 1988 until 2018, 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 130000.00 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 149149.00 in 12 months time. In the long-term, the Hungary Balance of Trade is projected to trend around 50000.00 HUF Million in 2020, according to our econometric models.

Hungary Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 07:00 AM Balance of Trade HUF 122B HUF 346B HUF 118B
2018-10-09 07:00 AM Balance of Trade HUF 16B HUF 118B HUF 142B
2018-11-09 08:00 AM Balance of Trade HUF 88B HUF 9.5B HUF 300B
2018-12-07 08:00 AM Balance of Trade HUF 95B HUF 81B HUF 150B
2019-01-09 08:00 AM Balance of Trade HUF 95B
2019-02-01 08:00 AM Balance of Trade HUF 130B
2019-03-08 08:00 AM Balance of Trade


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 95000.00 81432.29 361431.63 -246914.83 HUF Million [+]
Exports 3063000.00 2809020.65 3080360.00 26300.00 HUF Million [+]
Imports 2986000.00 2727588.36 2986000.00 27000.00 HUF Million [+]
Current Account 772.37 840.11 2182.70 -2319.51 EUR Million [+]
Current Account to GDP 2.80 6.00 6.00 -10.80 percent [+]
External Debt 105322.07 103657.39 142673.70 22026.90 EUR Million [+]
Terms of Trade 97.68 98.06 104.59 96.04 Index Points [+]
Capital Flows 1329.30 2380.70 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 100.90 424.10 4221.40 -15097.10 EUR Million [+]
Remittances 328.60 361.20 453.60 46.20 EUR Million [+]
Gold Reserves 3.10 3.10 3.14 0.00 Tonnes [+]
Terrorism Index 0.84 0.23 2.32 0.00 [+]
Crude Oil Production 15.00 16.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
95000.00 81432.29 361431.63 -246914.83 1988 - 2018 HUF Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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