Trade surplus above 900 million euros in January

In January 2025 the value of export amounted to EUR 11.9 billion (HUF 4,920 billion), that of import was EUR 11.0 billion (HUF 4,549 billion).

In January 2025 compared to a year earlier the value of export increased by 3.8% and that of import by 0.8% in EUR terms.

According to calendar-adjusted data, the volume of export increased by 2.7%, that of import lessened by 1.3%.

The balance of the external trade in goods improved by EUR 343 million.

The HUF price level of the external trade in goods increased by 7.1% in export and by 8.5% in import, compared to the same month of the previous year. The terms of trade deteriorated by 1.3%. The HUF exchange rate depreciated by 7.8% against the EUR and by 14% against the US dollar.

The export volume of machinery and transport equipment decreased by 1.2%, its import volume by 4.0%. The aggregate commodity group of machinery and transport equipment slowed the volume growth in total turnover by 0.7 percentage points on the export side while strengthened the import volume decrease by 1.8 percentage points.

The export volume of manufactured goods increased by 3.4%, while their import volume lessened by 1.3%. The aggregate commodity group of manufactured goods contributed to the volume growth in total export by 1.1 percentage points and strengthened the decrease in total import volume by 0.5 percentage points.

The export volume of fuels and electric energy increased by 80%, their import volume was 10% higher than one year earlier. The growth in the turnover of fuels and electric energy heightened the pace of the volume increase in total turnover by 2.3 percentage point in export and offsetthe general decrease in total import volume by 1.0 percentage point.

The export volume of food, beverages and tobacco became 0.6% lower, their import volume decreased by 0.9%. The volume change realised by the aggregate commodity group counteracted the total export increase by 0.1 percentage points, while strengthened the import volume decline in the same degree.

The volume of export to the EU-27 member states improved by 0.2%, the import from there by 0.3%. The balance of the external trade in goods increased all in all by EUR 8.1 million, generating a surplus of EUR 1.4 billion. This group of countries accounted for 76% of exports and 70% of imports.

In the extra-EU-27 trade the volume of export increased by 10%, that of import decreased by 5.8%. The balance of the external trade in goods with these countries improved by EUR 335 million, showing a deficit of EUR 502 million.