Hungary had a EUR 665 million external trade surplus in February, data released by the Central Statistics Office (KSH) on Monday show. Exports rose 2.6% year-on-year to EUR 12.695 billion. Imports climbed 5.9% to EUR 12.030 billion. Trade with other European Union member states accounted for 74% of Hungary's exports and 67% of its imports […]

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% […]

In the 4th quarter of 2024, service exports calculated in EUR increased by 0.4%, their imports lessened by 1.6% compared to the same period of the previous year. The surplus amounted to EUR 2.7 billion, exceeding the 4th quarter value of 2023 by EUR 137 million, Hungary's Central Statistical Office (KSH) reported this Monday. In […]

The volume of Hungarian export decreased by 3.5% and that of import by 0.3% compared to the same period of the previous year. The surplus was EUR 949 million, the balance deteriorated by EUR 470 million year-on-year. Compared to August, the adjusted volume of export increased by 0.9% and that of import by 0.8%, the […]

Hungary's external trade balance and its impact on the economy are regularly discussed by analysts, but it is mostly the trade balance in goods that is discussed. However, the other important component of the domestic external trade balance, the external trade balance in services, is also important to address in the shadow of the reindustrialization […]