Hungary Balance of Trade  Forecast


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Balance of Trade in Hungary is expected to be 157694.10 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 144742.65 in 12 months time. In the long-term, the Hungary Balance of Trade is projected to trend around 103416.22 HUF Million in 2020, according to our econometric models.


Hungary Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 286000 157694 152706 150321 144743 103416
Exports 2716000 2496492 2556122 2576648 2555583 2525449
Imports 2430000 2310800 2329904 2329966 2322840 2295502
Current Account 1750 1582 1235 1314 1453 1178
Current Account to GDP 4.8 4.4 4 4 4 3.4
External Debt 109435 109192 108975 108614 108396 104603
Terms of Trade 100 100 99.87 99.8 99.75 99.71
Capital Flows 3850 1780 787 2103 1490 1203
Foreign Direct Investment 2679 601 536 531 653 694
Remittances 227 210 208 206 204 192
Gold Reserves 3.08 2.77 3.05 2.98 2.96 3.03
Terrorism Index 0.23 0.32 0.38 0.45 0.52 0.74
Crude Oil Production 15 15.76 16.09 16.4 16.69 18.55