Surplus of the External Trade in Goods: EUR 1.1 Billion

The value of Hungarian exports was 5.2% higher, while that of import 5.4% lower in EUR terms in May 2023 than in the same period of the previous year, the Central Statistical Office reports.

The balance of the external trade in goods improved by EUR 1.3 billion. Compared to the previous month, the level of export in goods increased by 13% and the import of goods grew by 7.3%.

In May 2023:
The value of exports amounted to EUR 12.9 billion (HUF 4,813 billion), that of imports to EUR 11.8 billion (HUF 4,410 billion).

The surplus of the external trade in goods was EUR 1.1 billion (HUF 403 billion).

The share of EU Member States (EU27_2020) was 77% in exports and 69% in imports.

In May 2023 compared to a year earlier:
The value of export increased by 5.2%, while that of import decreased by 5.4% in EUR terms.