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Exports rose by 0.5% compared to September 2024, while imports grew by 8.4%. On a seasonally and working-day adjusted basis, export volumes fell 2.4% from August 2025, while imports were up 3.8%.
In value terms, exports reached EUR 13.1 bln, and imports totaled EUR 12.5 bln. Year-on-year, the value of exports increased by 4.9% and that of imports by 7.8% in euro terms.
Based on calendar-adjusted data, export volume fell by 3.4%, while import volume rose by 4.8%. The forint price level of external trade increased by 3.5% for exports but declined by 1.4% for imports, resulting in a 5% improvement in the terms of trade. The forint appreciated 0.8% against the euro and 6.1% against the U.S. dollar.
By product category, the export volume of machinery and transport equipment dropped 1%, while imports in this group rose 17%. This category reduced the total export volume growth by 0.6 percentage points but contributed 7.6 percentage points to total import volume growth.
Exports of manufactured goods fell by 4.6%, while imports grew by 1.9%. This group reduced overall export growth by 1.3 percentage points and added 0.7 percentage points to import growth.
The export volume of fuels and electricity rose sharply by 89%, while imports in this category remained essentially unchanged. The increase boosted total export growth by 2.4 percentage points but did not significantly affect import volumes. Exports of food, beverages, and tobacco grew by 1.6%, while imports remained flat, adding a marginal 0.1 percentage point to total export growth.
Trade with EU member states remained dominant, accounting for 75% of exports and 71% of imports. Exports to the EU-27 rose slightly by 0.1%, while imports from these countries increased by 4.5%. The trade surplus with the EU-27 reached EUR 908 million, down EUR 275 million from a year earlier.
Trade with countries outside the EU-27 showed a 2.5% increase in exports and a 16% rise in imports. The trade balance with these partners deteriorated by EUR 22 million, resulting in a EUR 319 million deficit.
In the first nine months of 2025, exports totaled EUR 110.4 bln and imports reached EUR 102.6 bln. Compared to the same period in 2024, export volume remained broadly unchanged, while imports grew 2.1%.
The trade surplus for January–September stood at EUR 7.8 bln, improving by EUR 701 mln year-on-year. The forint price level of exports rose 4.2%, while imports increased 1.5%.
The terms of trade improved by 2.7%, with the forint depreciating 2.6% against the euro and remaining unchanged against the U.S. dollar.
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