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Facts & Statistics

External trade surplus achieves EUR 81 million in November

The external trade balance turned positive again in November 2021.

According to MTI, the value of exports in EUR was 7.7 percent higher and imports 13.6 percent higher than in the same period of the previous year. A EUR 81 million export surplus was EUR 526 million less than a year earlier, according to a first estimate by the Central Statistical Office (CSO). 

In HUF terms, exports were up 8.8 percent and imports 14.6 percent compared to November 2020. The forint depreciated 1.3 percent against the euro and 5.1 percent against the dollar for last year, up until November.

In the first eleven months of 2021, exports grew by 13.2 percent and imports by 17.2 percent compared to the same period last year, while the trade surplus deteriorated by EUR 2.978 billion to EUR 2.360 billion.

Detailed data on external trade in goods for November 2021 will be published on February 1, 2022, according to the second set of estimates from the CSO.

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