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Surplus of the External Trade in Goods: EUR 1.8 Bn in March

D&T
April 30, 2025

The volume of Hungarian exports surpassed the same period of the previous year’s level by 5.0%, that of import by 6.4% in March 2025. The surplus was EUR 1.8 billion, the balance grew by EUR 173 million, year-on-year, the country's Central Statistical Office (KSH) reports.

The adjusted volume of export diminished by 0.3% compared to February 2025, that of import increased by 2.1%.

In March 2025:
The value of export amounted to EUR 13.4 billion (HUF 5,352 billion), that of import was EUR 11.6 billion (HUF 4,645 billion).

In March 2025 compared to a year earlier:
The value of export increased by 8.5% and that of import improved by 8.1% in EUR terms.

According to calendar-adjusted data, the volume of export decreased by 0.4%, that of import increased by 2.0%.

The balance of the external trade in goods improved by EUR 173 million.

The HUF price level of the external trade in goods increased by 4.5% in export and by 2.7% in import, compared to the same month of the previous year. The terms of trade improved by 1.8%. The HUF exchange rate depreciated by 1.1% against the EUR and by 1.7% against the US dollar.

The export volume of machinery and transport equipment increased by 5.8%, its import volume by 5.9%. The aggregate commodity group of machinery and transport equipment strenghtened the volume increase in total turnover by 3.3 percentage points on the export side, and boosted the total turnover volume growth on the import side by 2.7 percentage points.

The export volume of manufactured goods did not change, their import volume lessened by 2.6%. The aggregate commodity group of manufactured goods did not contribute significantly to the volume increase in total export, in import held the total turnover growth back by 1.0 percentage point.

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