Published on: 5 July 2024

The surplus of the external trade in goods amounted to EUR 1.1 billion, its level decreased by 5.0% on the export side and by 0.2% on the import one, month-on-month

The value of export was 8.8% lower, that of import decreased by 9.0% in EUR terms in May 2024 compared to the same period of the previous year. The balance of the external trade in goods deteriorated by EUR 73 million. Compared to the previous month, the export of goods decreased by 5.0%, its import lessened by 0.2%.

In May 2024:

The value of exports amounted to EUR 11.9 billion (HUF 4,618 billion) and that of imports to EUR 10.8 billion (HUF 4,174 billion).

The balance of the external trade in goods was EUR 1.1 billion (HUF 444 billion).

The share of EU member states (EU27_2020) was 76% in exports and 72% in imports.

In May 2024 compared to a year earlier:

The value of exports decreased by 8.8%, that of imports decreased by 9.0% in EUR terms.

External trade in goods

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
May 2024, first estimate
Billion HUF4 618 94.9 4 174 94.6 444 -10
Million EUR11 922 91.2 10 776 91.0 1 146 -73
January–May 2024, first estimate
Billion HUF23 720 96.7 21 090 89.7 2 630 1 608
Million EUR60 945 95.1 54 206 88.4 6 739 4 024