The volume of exports fell by 4.9% year-on-year, while import volume increased by 10%. In euro terms, the value of exports rose by 6.4% to EUR 13.2 billion, while imports climbed by 16% to EUR 13.1 billion.
In forint terms, exports amounted to HUF 4.865 trillion and imports to HUF 4.826 trillion.
Compared with March 2026, the seasonally and working-day adjusted volume of exports increased by 3.4%, while imports rose by 1.1%.
The HUF price level of external trade in goods increased by 1.6% for exports and decreased by 4.3% for imports compared with April 2025. The terms of trade improved by 6.2%. The forint strengthened by 9.2% against the euro and by 13% against the U.S. dollar.
The export volume of machinery and transport equipment fell by 2.4%, while import volume in the same commodity group rose by 23%. The group contributed 1.4 percentage points to the overall decline in export volume and 10 percentage points to the rise in import volume.
The export volume of manufactured goods decreased by 7%, while their import volume increased by 1%. Manufactured goods contributed 2 percentage points to the overall drop in export volume and 0.3 percentage points to the increase in imports.
The export volume of fuels and electric energy fell by 29%, while import volume declined by 1.4% year-on-year. The change in turnover in this category contributed 1.2 percentage points to the decrease in total export volume and reduced the increase in import volume by 0.1 percentage point.
The export volume of food, beverages and tobacco decreased by 1.3%, while import volume fell by 2.4%. The category contributed 0.1 percentage point to the overall decline in export volume and offset the increase in total import volume by 0.2 percentage points.
Trade with the European Union continued to account for most of Hungary’s goods turnover. Export volume to EU-27 member states decreased by 4.2%, while import volume from the bloc rose by 7.3%. The trade balance with the EU deteriorated by EUR 405 million from a year earlier, but still showed a surplus of EUR 829 million. EU member states accounted for 74% of exports and 69% of imports.
In extra-EU trade, export volume fell by 5.1%, while import volume increased by 14%. The balance with countries outside the EU deteriorated by EUR 640 million, showing a deficit of EUR 725 million.
In January-April 2026, the value of exports amounted to EUR 52.4 billion, or HUF 19.938 trillion, while imports reached EUR 49.7 billion, or HUF 18.912 trillion.
Compared with the same period of 2025, export volume decreased by 5%, while import volume grew by 8.3%. The external trade surplus for the first four months of the year was EUR 2.674 billion, down by EUR 1.946 billion from a year earlier.
In January-April, the HUF price level of external trade in goods increased by 2.9% on the export side and decreased by 5.8% on the import side. The terms of trade improved by 9.2%, while the forint strengthened by 6.2% against the euro and by 14% against the U.S. dollar.


