Published on: 8 February 2021

Surplus on external trade in goods amounts to EUR 310 million in December, and exports decrease by 18% and imports by 14% compared to November

In EUR terms, the value of exports was 12% and that of imports 9.2% higher in December 2020 than in the same period of the previous year. The balance of external trade in goods improved by EUR 211 million. Compared to the previous month, the level of external trade declined by 18% on the export and by 14% on the import side.

In December 2020:

The value of exports amounted to EUR 8,412 million (HUF 3,024 billion) and that of imports to EUR 8,102 million (HUF 2,914 billion).

The surplus on external trade in goods was EUR 310 million (HUF 110 billion).

The share of EU-27 Member States was 75% in exports and 68% in imports.

In December 2020 compared to a year earlier:

The value of exports increased by 12% and that of imports by 9.2% 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
December 2020
Billion HUF3 024 121.3 2 914 118.5 110 78
Million EUR8 412 111.8 8 102 109.2 310 211
January–December 2020
Billion HUF36 645 103.3 34 631 101.7 2 014 601
Million EUR104 458 95.7 98 752 94.3 5 705 1 372