Latest news with #extra-EU-27
Budapest Times
30-05-2025
- Business
- Budapest Times
Mixed trends in trade as exports slip and imports gain
The volume of export decreased by 2.3%, while that of import lessened by 0.1% in April 2025, compared to the same period of the previous year. The surplus was EUR 1.4 billion, the balance lessened by EUR 354 million, year-on-year. The adjusted volume of export improved by 3.4% compared to March 2025, that of import increased by 1.1%. In April 2025 the value of export amounted to EUR 12.3 billion (HUF 5,021 billion), that of import was EUR 11.0 billion (HUF 4,460 billion). In April 2025 compared to a year earlier the value of export decreased by 1.5% and that of import improved by the same rate in EUR terms. According to calendar-adjusted data, the volume of export increased by 0.4%, that of import by 2.1%. The balance of the external trade in goods decreased by EUR 354 million. The HUF price level of the external trade in goods increased by 4.4% in export and by 5.2% in import, compared to the same month of the previous year. The terms of trade worsened by 0.8%. The HUF exchange rate depreciated by 3.6% against the EUR and strengthened by 0.9% against the US dollar. The export volume of machinery and transport equipment increased by 0.5%, its import volume by 0.9%. The aggregate commodity group counterbalanced the volume decrease in total turnover by 0.3 percentage points on the export side, and by 0.4 percentage points on the import one. The export volume of manufactured goods decreased by 7.5%, their import volume lessened by 7.4%. The aggregate commodity group deepened the total turnover's volume decrease in export by 2.3 percentage points and by 2.9 percentage points in import. The export volume of fuels and electric energy increased by 39%, their import volume was 43% higher than one year earlier. The growth in the turnover of fuels and electric energy counterbalanced the volume decrease in total turnover by 1.1 percentage points in export and by 2.6 percentage points in import. The export volume of food, beverages and tobacco lessened by 13%, their import volume decreased by 2.0%. The volume change realised by the aggregate commodity group hastened the export volume decrease by 1.0 percentage point, and moved the turnover in a negative direction on the import one by 0.1 percentage points. The volume of export to the EU-27 member states decreased by 3.5%, the import from there by 6.3%. The balance of the external trade in goods improved by EUR 29 million, generating a surplus of EUR 1.4 billion. This group of countries accounted for 74% of exports and 71% of imports. In the extra-EU-27 trade the volume of export increased by 2.8%, that of import improved by 16%. The balance of the external trade in goods with these countries worsened by EUR 383 million, showing a deficit of EUR 41 million. In January–April 2025 the value of exports amounted to EUR 50.0 billion (HUF 20,257 billion), that of imports to EUR 44.6 billion (HUF 18,090 billion). In January–April 2025 compared to one year earlier the volume of export increased by 0.5%, that of import grew by 1.9%. The balance of the external trade in goods decreased by EUR 267 million, the surplus was EUR 5.4 billion. The HUF price level of the external trade in goods increased by 5.4% on the export side, and by 4.8% on the import one, compared to the same period of the previous year. The terms of trade improved by 0.6%. The HUF depreciated against the EUR by 4.2% and by 5.6% against the US dollar.
Budapest Times
05-05-2025
- Business
- Budapest Times
External trade surplus grows to EUR 1.8 billion
The volume of export surpassed the same period of the previous year's level by 5.0%, that of import by 6.4% in March 2025. The surplus was EUR 1.8 billion, the balance grew by EUR 173 million, year-on-year. The adjusted volume of export diminished by 0.3% compared to February 2025, that of import increased by 2.1%. In March 2025 the value of export amounted to EUR 13.4 billion (HUF 5,352 billion), that of import was EUR 11.6 billion (HUF 4,645 billion). In March 2025 compared to a year earlier the value of export increased by 8.5% and that of import improved by 8.1% in EUR terms. According to calendar-adjusted data, the volume of export decreased by 0.4%, that of import increased by 2.0%. The balance of the external trade in goods improved by EUR 173 million. The HUF price level of the external trade in goods increased by 4.5% in export and by 2.7% in import, compared to the same month of the previous year. The terms of trade improved by 1.8%. The HUF exchange rate depreciated by 1.1% against the EUR and by 1.7% against the US dollar. The export volume of machinery and transport equipment increased by 5.8%, its import volume by 5.9%. The aggregate commodity group of machinery and transport equipment strenghtened the volume increase in total turnover by 3.3 percentage points on the export side, and boosted the total turnover volume growth on the import side by 2.7 percentage points. The export volume of manufactured goods did not change, their import volume lessened by 2.6%. The aggregate commodity group of manufactured goods did not contribute significantly to the volume increase in total export, in import held the total turnover growth back by 1.0 percentage point. The export volume of fuels and electric energy increased by 71%, their import volume was 57% higher than one year earlier. The growth in the turnover of fuels and electric energy improved the volume increase in total turnover by 1.6 percentage points in export and by 4.2 percentage points on the import side. The export volume of food, beverages and tobacco improved by 0.3%, their import volume increased by 8.1%. The volume change realised by the aggregate commodity group did not have an impact in merit on the total turnover volume growth on the export side, and contributed to it on the import one by 0.5 percentage points. The volume of export to the EU-27 member states increased by 3.2%, the import from there by 3.9%. The balance of the external trade in goods decreased by EUR 191 million, generating a surplus of EUR 1.6 billion. This group of countries accounted for 74% of exports and 72% of imports. In the extra-EU-27 trade the volume of export increased by 18%, that of import improved by 10%. The balance of the external trade in goods with these countries improved by EUR 364 million, showing a surplus of EUR 152 million. In January–March 2025 the value of exports amounted to EUR 37.6 billion (HUF 15,233 billion), that of imports to EUR 33.7 billion (HUF 13,648 billion). In January–March 2025 compared to one year earlier the volume of export increased by 1.4%, that of import grew by 2.8%. The balance of the external trade in goods increased by EUR 30 million, the surplus was EUR 3.9 billion. The HUF price level of the external trade in goods increased by 5.7% on the export side, and by 4.6% on the import one, compared to the same period of the previous year. The terms of trade improved by 1.0%. The HUF depreciated against the EUR by 4.2% and by 7.6% against the US dollar.
Budapest Times
31-03-2025
- Business
- Budapest Times
External trade surplus drops significantly
The volume of export lessened by 13%, that of import slightly, by 0.5% in January 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 seasonally and working day adjusted volume of export was 0.9% lower compared to January 2025, that of import 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%, 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 just as much. 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 17%, its import volume improved by 1.2%. The aggregate commodity group of machinery and transport equipment strenghtened the volume decrease in total turnover by 9.8 percentage points on the export side while slowed it on the import one by 0.6 percentage points. The export volume of manufactured goods decreased by 11%, while their import volume lessened by 8.9%. The aggregate commodity group of manufactured goods contributed to the volume loss in total export by 3.2 percentage points and strengthened the decrease in total import volume by 3.4 percentage points. The export volume of fuels and electric energy increased by 57%, their import volume was 28% higher than one year earlier. The turnover growth in fuels and electric energy counterbalanced the volume decrease in total turnover by 1.6 percentage points in export and offset the decrease in total import volume by 2.1 percentage points. The export volume of food, beverages and tobacco became 11% lower, their import volume decreased by 2.8% year-on-year. The volume change realised by the aggregate commodity group contributed to the total export decrease by 0.8 percentage points, while strengthened the import volume decline by 0.2 percentage points. The volume of export to the EU-27 member states lessened by 12%, the import from there by 1.6%. The balance of the external trade in goods deteriorated 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 decreased by 14%, that of import increased by 0.4%. 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.
Budapest Times
28-02-2025
- Business
- Budapest Times
Trade surplus above 900 million euros in January
The volume of export grew by 2.5%, that of import lessened by 1.3% in January 2025, compared to the same period of the previous year. The surplus was EUR 903 million, the balance improved by EUR 343 million, year-on-year. The adjusted volume of export improved by 0.4% compared to December 2024, that of import basically did not change. In January 2025 the value of export amounted to EUR 11.9 billion (HUF 4,920 billion), that of import was EUR 11.0 billion (HUF 4,549 billion). In January 2025 compared to a year earlier the value of export increased by 3.8% and that of import by 0.8% in EUR terms. According to calendar-adjusted data, the volume of export increased by 2.7%, that of import lessened by 1.3%. The balance of the external trade in goods improved by EUR 343 million. The HUF price level of the external trade in goods increased by 7.1% in export and by 8.5% in import, compared to the same month of the previous year. The terms of trade deteriorated by 1.3%. The HUF exchange rate depreciated by 7.8% against the EUR and by 14% against the US dollar. The export volume of machinery and transport equipment decreased by 1.2%, its import volume by 4.0%. The aggregate commodity group of machinery and transport equipment slowed the volume growth in total turnover by 0.7 percentage points on the export side while strengthened the import volume decrease by 1.8 percentage points. The export volume of manufactured goods increased by 3.4%, while their import volume lessened by 1.3%. The aggregate commodity group of manufactured goods contributed to the volume growth in total export by 1.1 percentage points and strengthened the decrease in total import volume by 0.5 percentage points. The export volume of fuels and electric energy increased by 80%, their import volume was 10% higher than one year earlier. The growth in the turnover of fuels and electric energy heightened the pace of the volume increase in total turnover by 2.3 percentage point in export and offsetthe general decrease in total import volume by 1.0 percentage point. The export volume of food, beverages and tobacco became 0.6% lower, their import volume decreased by 0.9%. The volume change realised by the aggregate commodity group counteracted the total export increase by 0.1 percentage points, while strengthened the import volume decline in the same degree. The volume of export to the EU-27 member states improved by 0.2%, the import from there by 0.3%. The balance of the external trade in goods increased all in all by EUR 8.1 million, generating a surplus of EUR 1.4 billion. This group of countries accounted for 76% of exports and 70% of imports. In the extra-EU-27 trade the volume of export increased by 10%, that of import decreased by 5.8%. The balance of the external trade in goods with these countries improved by EUR 335 million, showing a deficit of EUR 502 million.
