Hungary recorded a trade deficit of 64170.76 HUF Million in July of 2021. source: Hungarian Central Statistical Office

Balance of Trade in Hungary averaged 38562.55 HUF Million from 1988 until 2021, reaching an all time high of 419439.33 HUF Million in September of 2020 and a record low of -246914.83 HUF Million in April of 2004. This page provides - Hungary Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Balance of Trade in Hungary is expected to be 590000.00 HUF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Balance of Trade is projected to trend around 200000.00 HUF Million in 2022 and 250000.00 HUF Million in 2023, according to our econometric models.

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Hungary Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-64170.76 219414.85 419439.33 -246914.83 1988 - 2021 HUF Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-09 07:00 AM Apr HUF 113B HUF 322B
2021-07-09 07:00 AM May HUF30B HUF 113B HUF 170B
2021-08-06 07:00 AM Jun HUF237B HUF20B HUF 330B
2021-09-08 07:00 AM Jul HUF-64B HUF219B
2021-10-08 07:00 AM Aug HUF-64B
2021-11-08 08:00 AM Sep HUF 590B
2021-12-09 08:00 AM Oct


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.