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Significant Fall in Hungarian Exports

D&T
March 2, 2026

Hungarian exports fell 4.5% year-on-year to EUR 11.468 billion in January but there was a slight EUR 12 million trade surplus with imports climbing 2.0% to EUR 11.456 billion, data released by the Central Statistical Office (KSH) on Monday show.

Trade with other European Union member states accounted for 76% of Hungary's exports and 70% of its imports during the month.

Hungary's export volume to the rest of the world decreased 10.0%, while import volume from those countries rose 8.9%. Hungary's trade deficit with non-EU countries widened to EUR 648 million.

Hungary's terms of trade improved 6.4% during the period as the country's currency, the forint strengthened 6.7% against the euro and 18% to the US dollar.

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