Published on: 7 August 2020

Surplus on external trade in goods amounts to EUR 697 million in June

In EUR terms, the value of exports decreased by 3.1% and that of imports by 5.7% in June 2020 compared to the same period of the previous year. The balance of external trade in goods improved by EUR 201 million. In line with the easing of the direct negative impacts of the corona virus epidemic, a more moderate decline was seen in both directions of euro-denominated external trade in goods than in April–May.

In June 2020:

The value of exports amounted to EUR 8,542 million (HUF 2,973 billion) and that of imports to EUR 7,846 million (HUF 2,733 billion).

The surplus on external trade in goods was EUR 697 million (HUF 240 billion).

The share of EU-27 Member States was 78% in exports and 68% in imports.

In June 2020 compared to a year earlier:

The value of exports decreased by 3.1% and that of imports by 5.7% in EUR terms.

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
June 2020
Billion HUF2 973 104.2 2 733 101.4 240 83
Million EUR8 542 96.9 7 846 94.3 697 201
January–June 2020
Billion HUF16 720 94.9 16 010 96.4 710 –311
Million EUR48 670 88.5 46 578 89.8 2 092 –1 082