Published on: 30 September 2026

The deficit of the external trade in goods was EUR 481 million in August, the volume of export decreased by 0.1%, that of import improved by 13% compared to the same period of the previous year.

The deficit was EUR 481 million, the balance decreased by EUR 1,140 million, year-on-year. The volume of export decreased by 0.1%, that of import improved by 13% compared to the same period of the previous year. The seasonally and working-day adjusted volume of export decreased by 2.8%, that of import grew by 1.3% compared to July 2026.

In August 2026:

The value of export amounted to EUR 12.0 billion (HUF 4,380 billion), that of import was EUR 12.5 billion (HUF 4,555 billion).

In August 2026 compared to a year earlier:

The value of export increased by 16% and that of import grew by 29% in EUR terms.

According to calendar-adjusted data, the volume of export decreased by 0.1%, that of import increased by 13%.

The HUF price level of the external trade in goods increased by 6.3% in export and by 4.5% in import, compared to the same month of the previous year. The terms of trade improved by 1.8%. The HUF exchange rate improved by 8.3% against the EUR and by 7.9% against the US dollar.

The export volume of machinery and transport equipment increased by 4.9%, its import volume by 30%. The aggregate commodity group of machinery and transport equipment offset the overall decrease in export volume by 2.5 percentage points, and it contributed to the increase in import volume by 13 percentage points.

The export volume of manufactured goods decreased by 1.6%, their import volume increased by 1.8%. The change in the trade volume of the aggregate commodity group of manufactured goods accelerated the overall decrease in export volumes by 0.6 percentage points and strengthened the increase in import volumes by 0.7 percentage points.

The export volume of fuels and electric energy decreased by 36%, their import volume by 7.4%, year-on-year. In exports, the change in the trade volume of fuels and electric energy amplified the overall decrease in export volumes by 1.7 percentage points, while in imports, it curbed the increase in total import volumes by 0.7 percentage points.

The export volume of food, beverages and tobacco decreased by 1.8%, their import volume by 6.7%. The volume change realised by this aggregate commodity group contributed 0.2 percentage points to the overall decline in export volume, while in imports, it offset the overall increase in import volume by 0.5 percentage points.

The volume of export to the EU member states increased by 2.3%, the volume of import from there grew by 8.2%. Compared to August 2025, the balance of the external trade in goods decreased by EUR 35 million, generating a surplus of EUR 779 million. This group of countries accounted for 75% of exports and 65% of imports.

In the extra-EU trade, the volume of export decreased by 1.8%, that of import increased by 24%. The balance of the external trade in goods with these countries deteriorated by EUR 1,105 million, showing a deficit of EUR 1,260 million.

In January–August 2026:

The value of exports amounted to EUR 107.3 billion (HUF 39,611 billion), that of imports to EUR 102.4 billion (HUF 37,799 billion).

In January–August 2026 compared to the one year earlier period:

The volume of export decreased by 1.0%, that of import grew by 7.0%.

The balance of the external trade in goods decreased by EUR 2.1 billion, the surplus was EUR 4.9 billion.

The HUF price level of the external trade in goods increased by 1.1% on the export side, and decreased by 3.8% on the import side, compared to the same period of the previous year. The terms of trade improved by 5.1%. The HUF exchange rate improved against the EUR by 8.3%, and by 13% against the US dollar.

External trade in goods, January–August 2026

Denomination Export Import Balance
value, at current prices same period of the previous year=100.0% value, at current prices same period of the previous year=100.0% value, at current prices change compared to the same period of the previous year
Calculated in billion HUF39,611100.237,799102.91,812–1,016
Calculated in million EUR107,279109.3102,399112.44,880–2,140