Hungary's trade surplus shrank to HUF 213 billion in March 2019 from HUF 218 billion in the same month of the previous year, according to preliminary estimates. Imports grew 6.9 percent to HUF 2,846 billion while exports advanced at a slower 6.2 percent to HUF 3,059 billion. In the first three months of 2019, the trade surplus narrowed by HUF 71 billion to HUF 596 billion, as purchases surged 9.9 percent to HUF 8,230 billion while shipments advanced at a slower 8.2 percent to HUF 8,826 billion. Balance of Trade in Hungary averaged 30571.86 HUF Million from 1988 until 2019, 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 350000.00 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 280000.00 in 12 months time. In the long-term, the Hungary Balance of Trade is projected to trend around 110000.00 HUF Million in 2020, according to our econometric models.

Hungary Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-08 08:00 AM Balance of Trade HUF 129B HUF 154B HUF 130B
2019-03-11 08:00 AM Balance of Trade HUF 120B HUF 129B HUF 160B
2019-04-08 07:00 AM Balance of Trade HUF 283B HUF 123B HUF 260B
2019-05-09 07:00 AM Balance of Trade HUF 213B HUF 259B HUF 220B
2019-06-07 07:00 AM Balance of Trade HUF 213B HUF 140B
2019-07-09 07:00 AM Balance of Trade HUF 170B
2019-08-08 07:00 AM Balance of Trade HUF 350B


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 213000.00 259365.53 361431.63 -246914.83 HUF Million [+]
Current Account -348.79 -242.86 2181.33 -2319.51 EUR Million [+]
Current Account to GDP 0.40 3.20 6.10 -10.80 percent [+]
Imports 8460000.00 2621661.50 8460000.00 27000.00 HUF Million [+]
Exports 3059000.00 2881027.04 3079187.55 26300.00 HUF Million [+]
External Debt 106219.70 104954.00 142673.70 22026.90 EUR Million [+]
Terms of Trade 99.13 99.04 104.59 96.04 Index Points [+]
Capital Flows -574.40 -196.20 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 2085.30 2433.70 4221.40 -15097.10 EUR Million [+]
Remittances 323.50 347.80 458.20 46.20 EUR Million [+]
Gold Reserves 31.50 31.50 31.50 0.00 Tonnes [+]
Terrorism Index 0.36 0.84 2.32 0.00 [+]
Crude Oil Production 19.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
213000.00 259365.53 361431.63 -246914.83 1988 - 2019 HUF Million Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


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