Balance of trade · Hungary

Hungary Balance of Trade Final

The Hungary Balance of Trade Final shows the difference between the value of goods (and sometimes services) that Hungary sells abroad and what it buys from abroad, or the growth of exports and imports.

Importance
Low
Devise
HUF · Hungarian forint
Banque centrale
The Magyar Nemzeti Bank
Influence
EURHUF · USDHUF

Derniers chiffres

La dernière publication, pour DEC, est parue le 2025-02-26 et s’est établie à €458M.

PubliéPourRéelConsensusPrécédent
26 Feb 2025DEC€458M€387M€819M
30 Jan 2025NOV€819M€742M€1039M

Voir dans le calendrier économique →

Pourquoi c’est important

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Hungarian forint; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

Mode de calcul

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

Ce que signifient les variations

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Supérieur aux attentes : A larger surplus (or smaller deficit) than expected tends to support the Hungarian forint.

Inférieur aux attentes : A smaller surplus (or larger deficit) than expected tends to weigh on the Hungarian forint.

Un bref historique

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Questions

What is the Hungary Balance of Trade Final?

The Hungary Balance of Trade Final shows the difference between the value of goods (and sometimes services) that Hungary sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest Hungary Balance of Trade Final?

€458M for DEC, published on 26 February 2025 (consensus €387M, previous €819M).

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.