Published on: 9 February 2017

Trade surplus amounted to EUR 556 million in December

In EUR terms, exports increased by 7.7% and imports by 9.9% in December 2016 compared to the same period of the previous year. The trade surplus decreased by EUR 82 million. In 2016 the EUR value of exports and imports grew by 3.1% and 1.7%, respectively, and the trade surplus was EUR 10.0 billion.

In December 2016

the value of exports amounted to EUR 7.3 billion (HUF 2,268 billion) and that of imports to EUR 6.7 billion (HUF 2,095 billion);

the trade surplus was EUR 556 million (HUF 173 billion);

the share of European Union member states was 75% in exports and 76% in imports.

In December 2016 compared to a year earlier

exports increased by 7.7% and imports by 9.9% in EUR terms.

In January–December 2016

the value of exports was EUR 93.3 billion (HUF 29,048 billion), that of imports equalled EUR 83,3 billion (HUF 25,941 billion) and the trade surplus was EUR 10.0 billion (HUF 3,107 billion).

In January–December 2016 compared to a year earlier

exports and imports were up by 3.1% and 1.7%, respectively, in EUR terms;

the trade surplus grew by EUR 1.4 billion.

External trade in goods*

Denomination Exports Imports Balance
value, at current prices same period of previous year=100.0% value, at current prices same period of previous year=100.0% value, at current prices change compared to same period of previous year
December 2016
Billion HUF2 268 107.0 2 095 109.2173 –27
Million EUR7 284 107.7 6 728 109.9 556 –82
Million USD7 699 105.2 7 111 107.3 588 –101
January–December 2016
Billion HUF29 048 103.7 25 941 102.3 3 107 442
Million EUR93 274 103.1 83 295 101.7 9 978 1 383
Million USD103 325 103.0 92 258 101.6 11 0671 538

* The differences between indices in different currencies were due to the exchange rate effect: in December 2016 the forint appreciated by 0.6% against the euro and depreciated by 2.4% against the dollar, while in January–December 2016 it depreciated by 0.5% against the euro and 0.7% against the dollar compared to the same period of the previous year.