The trade surplus in Hungary narrowed to HUF 159 billion in November of 2018 from HUF 212.8 billion in the same month a year earlier, according to a preliminary estimate. Imports increased 11.2 percent year-on-year to HUF 2,898 billion while exports rose at a softer 8.4 percent to HUF 3,058 billion. Considering the first eleven months of the year, the trade balance recorded a surplus of HUF 1,797 billion, as sales went up 7.7 percent to HUF 31,004 billion and purchases increased 10.3 percent to HUF 29,207 billion. Balance of Trade in Hungary averaged 29508.23 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 40000.00 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 80000.00 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
2018-10-09 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 159B HUF 98.8B HUF 110B
2019-02-08 08:00 AM Balance of Trade HUF 159B HUF 130B
2019-03-08 08:00 AM Balance of Trade
2019-04-09 07:00 AM Balance of Trade


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 159000.00 98847.11 361431.63 -246914.83 HUF Million [+]
Current Account 155.71 929.18 2182.70 -2319.51 EUR Million [+]
Current Account to GDP 3.20 6.20 6.20 -10.80 percent [+]
Imports 2898000.00 2969766.12 2969766.12 27000.00 HUF Million [+]
Exports 3058000.00 3068613.23 3080360.00 26300.00 HUF Million [+]
External Debt 104954.00 105322.07 142673.70 22026.90 EUR Million [+]
Terms of Trade 98.04 97.68 104.59 96.04 Index Points [+]
Capital Flows 90.40 1893.80 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 2138.80 317.60 4221.40 -15097.10 EUR Million [+]
Remittances 347.80 397.60 453.60 46.20 EUR Million [+]
Gold Reserves 31.50 3.10 31.50 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
159000.00 98847.11 361431.63 -246914.83 1988 - 2018 HUF Million Monthly




Country Last Previous
Argentina 1369.00 Dec/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -55.29 Dec/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -2568800.00 Nov/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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