External Trade in Goods Surplus at EUR 1.3 billion

The surplus of the external trade in goods amounted to EUR 1.3 billion, the level of the external trade turnover increased by 13% on the export side, and grew by 8.1% on the import one, month-on-month, the Central Statistical Office (KSH) reports.

The value of export declined by 5.1%, and that of import was 19% lower in EUR terms in September 2023 than in the same period of the previous year. The balance of the external trade in goods improved by EUR 2.1 billion. Compared to the previous month, the level of export in goods increased by 13%, their import was 8.1% higher.

In September 2023:

• The value of exports amounted to EUR 12.8 billion (HUF 4,930 billion), that of imports to EUR 11.5 billion (HUF 4,442 billion).
• The surplus of the external trade in goods was EUR 1.3 billion (HUF 488 billion).
• The share of the EU Member States (EU27_2020) was 76% in exports and 69% in imports.
• In September 2023 compared to a year earlier: The value of export decreased by 5.1%, that of import lessened by 19% in EUR terms.