Hungary Exports

Exports in Hungary increased to 2120400 HUF Million in February of 2014 from 1997948.17 HUF Million in January of 2014. Exports in Hungary is reported by the Hungarian Central Statistical Office. Exports in Hungary averaged 781668.90 HUF Million from 1988 until 2014, reaching an all time high of 2294309.15 HUF Million in November of 2011 and a record low of 26300 HUF Million in January of 1989. Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Trade with EU countries and the OECD now comprises over 70% and 80% of the total, respectively. Germany is Hungary's single most important trading partner. This page provides - Hungary Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2120400.00 1997948.17 2294309.15 26300.00 2251936.62 | 2014/03 1988 - 2014 HUF Million Monthly

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Hungary Exports
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Trade Last Previous Highest Lowest Forecast Unit
Current Account 637.44 2013-11-15 1205.88 1205.88 -2384.69 962.62 2014-03-31 EUR Million [+]
Current Account to GDP 2.30 2012-12-31 1.00 2.30 -10.80 2.55 2013-12-31 Percent [+]
Capital Flows 2624.40 2013-11-15 -4230.50 9251.30 -4230.50 -467.33 2014-03-31 EUR Million [+]
External Debt 116413.10 2013-12-31 116505.10 142673.70 22026.90 113547.96 2014-03-31 EUR Million [+]
Foreign Direct Investment 15.00 2013-12-31 10.48 15.00 1.44 16.88 2014-06-30 EUR Billion [+]
Remittances 11.00 2013-08-15 11.00 16.00 4.00 11.30 2013-12-31 EUR Million [+]
Terms of Trade 100.70 2014-01-15 100.90 104.59 96.04 101.91 2014-02-28 Index Points [+]
Balance of Trade 237700.00 2014-02-15 146833.65 253143.86 -246914.83 173793.07 2014-03-31 HUF Million [+]
Exports 2120400.00 2014-02-15 1997948.17 2294309.15 26300.00 2251936.62 2014-03-31 HUF Million [+]
Imports 1882700.00 2014-02-15 1851114.52 2074518.80 27000.00 2015900.27 2014-03-31 HUF Million [+]
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Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


RELATED NEWS

Hungarian Inflation Rate Unchanged in March  
The annual consumer prices increased 0.1 percent in March of 2014, unchanged from 0.1 percent in the previous month. A year earlier, the inflation rate was recorded at 2.2 percent.
Hungary Unemployment Rate Falls to 8.6%  
In the three months to February of 2014, Hungarian jobless rate fell for the fourth consecutive month, from 8.9 percent in the previous period and 11.6 percent a year earlier. It is the lowest rate in five years.
Hungarian Inflation Rate Edges Up in February  
The annual consumer prices accelerated to 0.1 percent in February, after falling to zero in January, as food prices remained unchanged following a 0.2 percent drop in the previous month.
Hungary GDP Expands 2.7% YoY in Q4  
Hungarian economy advanced at a faster 2.7 percent in the last quarter of 2013, in line with a preliminary estimate and boosted by investment. The figure compares with 1.8 percent growth in the previous three-month period.
Hungary Unemployment Rate Continues to Fall  
In the three months to January of 2014, Hungarian jobless rate fell for the third straight time to 8.9 percent from 9.1 percent at the end of December and 9.3 percent in November.
Hungary Unemployment Rate Falls to 9.1%  
In the period October to December 2013, the unemployment rate in Hungary decreased to 9.1 percent, down from 9.3 percent in the previous period and 10.7 percent a year earlier. The number of unemployed people was 403 thousand, 65 thousand less than in the same period of 2012.
Hungary Inflation Rate Slows to 43-Year Low in December  
In December of 2013, Hungary’s annual inflation rate slowed to 0.4 percent, the lowest rate in more than 40 years, mainly due to a sharp fall in utilities' prices. Core inflation rate which excludes food and fuel remained unchanged at 3.5 percent.
Hungary Unemployment Rate Falls to Near 5-Year Low  
In the period September to November 2013, Hungary’s jobless rate decreased to 9.3 percent, the lowest rate since February of 2009, as the employment rate of people aged 15–64 increased by 1.5 percentage points over a year earlier.
Hungary Inflation Rate Steady at 0.9% in November  
In November of 2013, Hungarian annual CPI remained stable at 0.9 percent, the same rate recorded in October, as prices of electricity and natural gas decreased 10 percent due to new fees. Core annual inflation rate was recorded at 3.5 percent.
Hungary GDP Growth Accelerates to 1.8% YoY in Q3  
In the third quarter of 2013, the Hungarian economy advanced 1.8 percent over a year earlier, up from 1.7 percent in the initial estimate. It is the highest growth rate in the last two and a half years.
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LATEST NEWS

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Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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