Hungary’s trade in goods posted a surplus of €589 million in September, marking a year-on-year decline of €297 million, according to the Central Statistical Office (KSH).

Exports increased by 0.5% compared with September 2024, while imports rose 8.4%. Adjusted for seasonal and working-day effects, export volumes fell 2.4% from August 2025, whereas imports grew by 3.8%.

In terms of value, exports amounted to €13.1 billion and imports to €12.5 billion. On a year-on-year basis, the Euro value of exports climbed 4.9%, and imports rose 7.8%, Budapest Business Journal reports.

Based on calendar-adjusted figures, export volumes decreased by 3.4%, while import volumes increased by 4.8%. The Forint price level for exports rose 3.5% but fell 1.4% for imports, leading to a 5% improvement in the terms of trade.

The Forint strengthened by 0.8% against the Euro and 6.1% against the US Dollar.

By product category, the export volume of machinery and transport equipment fell 1%, whereas imports in this category jumped 17%. This sector subtracted 0.6 percentage points from overall export volume growth but added 7.6 percentage points to total import growth.

Furthermore, exports of manufactured goods declined by 4.6%, while imports in this category increased by 1.9%. This segment reduced overall export growth by 1.3 percentage points and contributed 0.7 percentage points to import growth

Exports of fuels and electricity surged by 89%, whereas imports in this group stayed largely unchanged. This rise added 2.4 percentage points to total export growth but had little impact on imports. Exports of food, beverages, and tobacco grew 1.6%, with imports remaining flat, contributing a negligible 0.1 percentage point to overall export growth.

In addition, trade with EU member states remained predominant, representing 75% of exports and 71% of imports. Exports to the EU-27 edged up 0.1%, while imports from these countries grew 4.5%. The trade surplus with the EU-27 stood at €908 million, down €275 million compared with a year earlier.

Trade with non-EU countries saw exports rise 2.5% and imports jump 16%. As a result, the trade balance with these partners worsened by €22 million, leading to a deficit of €319 million.

Moreover, in the first nine months of 2025, Hungary’s exports amounted to €110.4 billion, while imports totalled €102.6 billion. Compared with the same period in 2024, export volumes were largely unchanged, whereas imports grew by 2.1%.

The trade surplus for January–September reached €7.8 billion, up €701 million year-on-year. Export prices in Forint terms increased by 4.2%, while import prices rose 1.5%.

The terms of trade rose by 2.7%, while the Forint weakened 2.6% against the Euro and held steady against the US Dollar.