The surplus of the external trade in goods was EUR 1.1 billion in February; compared to January, the adjusted volume of export decreased by 0.9%, that of import by 0.1%.
The volume of export lessened by 6.4%, while that of import did not change in merit in February 2025, compared to the same period of the previous year. The surplus was EUR 1.1 billion, the balance worsened by EUR 599 million, year-on-year. The adjusted volume of export diminished by 0.9% compared to January 2025, that of import lessened by 0.1%.
In February 2025:
The value of export amounted to EUR 12.3 billion (HUF 4,958 billion), that of import was EUR 11.2 billion (HUF 4,499 billion).
In February 2025 compared to a year earlier:
The value of export decreased by 3.3% and that of import improved by 1.6% in EUR terms.
According to calendar-adjusted data, the volume of export decreased by 0.2%, that of import increased by 0.2%.
The balance of the external trade in goods worsened by EUR 599 million.
The HUF price level of the external trade in goods increased by 7.3% in export and by 5.5% in import, compared to the same month of the previous year. The terms of trade improved by 1.7%. The HUF exchange rate depreciated by 3.9% against the EUR and by 7.7% against the US dollar.
The export volume of machinery and transport equipment decreased by 7.7%, its import volume by 1.0%. The aggregate commodity group of machinery and transport equipment strenghtened the volume decline in total turnover by 4.4 percentage points on the export side, and impacted it on the import side in a negative direction by 0.5 percentage points.
The export volume of manufactured goods decreased by 7.8%, while their import volume lessened by 6.8%. The aggregate commodity group of manufactured goods contributed to the volume loss in total export by 2.3 percentage points and negatively influenced the volume change in import by 2.6 percentage points.
The export volume of fuels and electric energy increased by 48%, their import volume was 40% higher than one year earlier. The growth in the turnover of fuels and electric energy held the volume decrease pace in total turnover back by 1.4 percentage points in export and offset the impact of the other commodity groups on the import side by 3.0 percentage points, as such the volume on the whole did not change.
The export volume of food, beverages and tobacco became 8.5% lower, their import volume decreased by 1.9%. The volume change realised by the aggregate commodity group heightened the total turnover volume decrease by 0.7 percentage points on the export side, and moved the turnover in negative direction on the import one by 0.1 percentage points.
The volume of export to the EU-27 member states lessened by 7.9%, the import from there by 1.2%. The balance of the external trade in goods decreased all in all by EUR 520 million, generating a surplus of EUR 1.3 billion. This group of countries accounted for 75% of exports and 71% of imports.
In the extra-EU-27 trade the volume of export increased by 0.7%, that of import improved by 2.3%. The balance of the external trade in goods with these countries worsened by EUR 79 million, showing a deficit of EUR 206 million.
In January–February 2025:
The value of exports amounted to EUR 24.2 billion (HUF 9,872 billion), that of imports to EUR 22.2 billion (HUF 9,034 billion).
In January–February 2025 compared to one year earlier:
The volume of export decreased by 1.3%, that of import grew by 0.6%.
The balance of the external trade in goods decreased by EUR 240 million, the surplus was EUR 2.1 billion.
The HUF price level of the external trade in goods increased by 7.2% on the export side, and by 7.0% on the import one, compared to the same period of the previous year. The terms of trade improved by 0.2%. The HUF depreciated against the EUR by 5.8% and by 11% against the US dollar.
External trade in goods, January-February 2025
| 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 | |
| Billion HUF | 9 872 | 105,7 | 9 034 | 106,9 | 838 | -51 |
| Million EUR | 24 228 | 100,0 | 22 169 | 101,1 | 2059 | -240 |