The surplus of the external trade in services in the 2nd quarter was EUR 3.4 billion
Service exports calculated in EUR increased by 11%, imports by 13% in the 2nd quarter of 2026 compared to the same period of the previous year. The surplus reached EUR 3.4 billion, EUR 210 million higher than in the 2nd quarter of 2025. The value of exports increased by 18%, and that of imports by 11%, while the surplus was EUR 931 million higher compared to the previous quarter.
In the 2nd quarter of 2026:
The value of exports amounted to EUR 10.4 billion (HUF 3.7 thousand billion), and that of imports to EUR 7.0 billion (HUF 2.5 thousand billion). The surplus of the external trade in services added up to EUR 3.4 billion (HUF 1.2 thousand billion).
Among service groups, travel services contributed EUR 1.3 billion, transport services EUR 968 million, manufacturing services on physical inputs owned by others EUR 641 million to the surplus of the 2nd quarter.
64% of Hungary’s service exports, and 73% of its service imports were transacted with EU member states, generating a surplus of EUR 1.6 billion in this relation.
Germany continued to be our primary trading partner in this quarter as well, accounting for 19% of the total turnover. The United States ranked second and the United Kingdom third, accounting for 8.3% and 6.6%, respectively, of our total external trade in services.
Of total service exports, business services accounted for 40% (including 21% for other business services), followed by transport services with a 28% share and travel services with a 21% share.
In terms of imports, business services also accounted for a significant share, at 55% (including 27% for other business services), while transport services accounted for 27%, and travel services for 13% of total import turnover.
In the 2nd quarter of 2026, year-on-year:
The value of service exports in EUR terms increased by 11% (decreasing by 1.0% in HUF terms), and that of imports grew by 13% (by 1.1% in HUF terms). The surplus was EUR 210 million higher than in the same period of the previous year, but when converted to HUF, it was HUF 64 billion lower than that figure.
Balance improvements of EUR 335 million in travel and EUR 86 million in manufacturing services on physical inputs owned by others were the primary drivers behind the increase in surplus, which, however, was significantly offset by a EUR 239 million decline in the balance of business services.
Our total surplus with the EU member states grew by EUR 42 million, primarily due to balance improvements with Austria and Romania of EUR 101 million and 70 million. A EUR 64 million and EUR 40 million increase in the deficit with Ireland and Luxembourg, respectively, was also noteworthy.
In the case of non-EU countries, our surplus increased by EUR 168 million. Among the most significant factors underlying the change, balance improvements of EUR 57 million, 46 million and 41 million with Switzerland, the United States, and the United Kingdom, respectively, stand out, which were somewhat offset by EUR 51 million decrease in the surplus recorded for Indonesia.
January–June 2026:
The value of exports amounted to EUR 19 billion (HUF 7.1 thousand billion), and that of imports to EUR 13 billion (HUF 4.9 thousand billion).
Value of external trade in services, January-June 2026
| Denomination | Exports | Imports | Balance | |||
|---|---|---|---|---|---|---|
| Value at current prices | Previous year=100% | Value at current prices | Previous year=100% | Value at current prices | In the same period of the previous year | |
| Billion HUF | 7 093 | 99.1 | 4 924 | 100.2 | 2 169 | 2 247 |
| Million EUR | 19 108 | 108.0 | 13 251 | 109.2 | 5 857 | 5 553 |
January–June 2026, compared to the same period of the previous year:
The value of exports increased by 8.0% (by EUR 1.4 billion), and that of imports by 9.2% (by EUR 1.1 billion).