Data are in current U.S. dollars. The trade balance and trends in competitiveness have shown no signs of a reversal. There is no data available for your selected dates. Trade surplus to lend support to IDR in the near term. Indonesia trade balance. What is trade balance of Hungary? Hungary Inflation Holds Steady at 7-Month Low, Hungary Construction Output Rebounds in November, Hungary Industrial Output Grows More than Expected, Hungary Producer Inflation Softens to 5.5% in November, Hungary Gross Wage Growth Steady in October, Hungary Jobless Rate Rises to 4.4% in September-November, Hungary Factory Activity Expands for 3rd Month, Hungary Current Account Swings to Surplus, Israel Q3 GDP Recovers More than Initially Thought, Gold Falls for 2nd Week on Stronger Dollar, US Stocks Extend Decline, Book Weekly Loss, Dominican Republic Inflation Rate Highest in 7 Years, Sri Lanka Producer Inflation at 6-Month Low. The balance of trade. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Below you will find the last recordings for the indicator : Balance of trade (% of GDP). 1. In volumes, the most important trade flows to Hungary currently include fuels from Russia, office telecom & electrical equipment from China, and industrial machinery from Germany. Given expectations for a couple more months of trade surpluses, IDR will be supported in the near term. © 2021 CEIC Data, an ISI Emerging Markets Group Company. Current situation of goods schedules— see also the current situation of goods schedules for the European Communities 4. The lowest data : 1993 is the lowest year for the indicator : Balance of trade (% of GDP). Hungary Balance of Trade Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Instant access to full history data in excel. Table reflects only those months for which there was trade. Data published Monthly by Central Statistical Office. The result is: -7.24 %. Hungary trade balance for 2019 was $5.92B, a 14.32% … The first in the row is Asia. Total Imports recorded 10.6 USD bn in Sep 2020, an increase of 10.5 % year on year. Direct access to our calendar releases and historical data. Hungary posted a HUF 213 billion trade deficit in April 2020, compared with a HUF 81 billion in the same month last year, a preliminary estimate showed. Hungary has benefited in recent years from a change in direction of FDI from low-value textile and food-processing sectors to wholesale, retail trade and repair of vehicles. Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. Hungarian Central Statistical Office provides Trade Balance in USD. About Hungary Foreign Trade Balance EUR The international trade balance measures the difference between the movement of merchandise trade leaving a country (exports) and entering a … Hungary Trade Balance recorded a surplus of 958.7 USD mn in Nov 2020, compared with a surplus of 1.1 USD bn in the previous month. Hungary Trade Statistics. Hungary's trade balance, which was traditionally in deficit, started posting surpluses more recently owing in particular to the good health of the German economy. Exports rose 1.6 percent to HUF 2976 billion while imports dropped 0.7 percent to HUF 2880 billion, amid the coronavirus crisis. Under its aegis, trade was conducted between the countries of the Soviet bloc on the basis of specialized production, fixed prices, and barter. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Higher compared to the same period last year 0.7 percent to HUF 710 billion 10.5 year. 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