Surplus in Hungary's External Trade in Goods

The surplus of the external trade in goods amounted to EUR 708 million, while the level of the external trade turnover increased by 0.5% on the export side, and decreased by 0.9% on the import one, month-on-month, the Central Statistical Office reports.

The value of export declined by 1.5%, and that of import was 19% lower in EUR terms in August 2023 than in the same period of the previous year. The balance of the external trade in goods improved by EUR 2.3 billion. Compared to the previous month, the level of export in goods increased by 0.5%, the import of goods lessened by 0.9%.

In August 2023:
The value of exports amounted to EUR 11.3 billion (HUF 4,362 billion), that of imports to EUR 10.6 billion (HUF 4,089 billion).

The surplus of the external trade in goods was EUR 708 million (HUF 273 billion).

The share of the EU Member States (EU27_2020) was 77% in exports and 70% in imports.

In August 2023 compared to a year earlier:
The value of export decreased by 1.5%, that of import lessened by 19% in EUR terms.