The July surplus figure was revised downward from EUR 373 mln in the first reading released on September 7.
According to calendar-adjusted data, export and import volumes in July increased by 8.3% and 6.6%, respectively.
In July 2018, the value of exports amounted to EUR 8.438 bln, up 11.4%, and that of imports to EUR 8.076 bln, up 10.8%.
The value of imports of machinery and vehicles reached EUR 3.741 bln, up 7.1%, while that of manufactured goods came to EUR 3.047 bln, up 14%. Energy imports totaled EUR 682 mln, up 3.1%, and imports of food, drink and tobacco added up to EUR 420 mln, up 7%.
Exports of machinery and vehicles came to EUR 4.529 bln, up 12%, and exports of manufactured goods to EUR 2.761 bln, up 11%. Energy exports reached EUR 335 mln, up 44%, and exports of food, drink and tobacco added up to EUR 592 mln, down 4.2%.
The volume of exports to other EU member states increased by 13%, and that of imports from these countries was 5.8% higher, with the surplus up by EUR 414 mln year-on-year to EUR 708 mln. Trade with other EU member states accounted for about 80% of exports and 75% of imports.
In extra-EU trade, the volume of exports was up by 5.6%, and that of imports by 22%. The trade balance with this group of countries deteriorated by EUR 334 mln, showing a deficit of EUR 346 mln.
The terms of trade deteriorated by 1.2% in July as the forint weakened 5.9% to the euro and 4.3% against the dollar.
Hungaryʼs trade surplus for the period January-July reached EUR 4.582 bln, narrowing by EUR 318 mln from the corresponding seven-month period a year earlier.
Imports rose 6.8% year-on-year to EUR 57.235 bln in January-July, while exports climbed 5.7% to EUR 61.817 bln.
The terms of trade worsened by 0.3% in the first seven months, as the forint depreciated by 2.1% against the euro, but appreciated by 7.5% against the dollar.
A first estimate of figures for the external trade in goods in August 2018 will be published on October 9, with a second, more detailed estimate to follow on November 5.
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