In the first reading, published on April 8, the KSH had put the surplus at EUR 891 mln.
In terms of value, exports rose 6.2% to EUR 9.058 bln in February, while imports rose 7.3% to EUR 8.242 bln. Both growth rates were revised down from the first reading.
Hungaryʼs terms of trade worsened by 0.9% from February 2018 as forint import prices rose 2.9%, while forint export prices rose 2.0%. The forint weakened by 2.1% against the euro and by 11% against the U.S. dollar in one year.
The import volume of machinery and transport equipment rose 7.7%, imports of food, drink and tobacco increased 7.4%, and energy imports rose 5.2% in the twelve months to February 2019. The import volume of manufactured goods was up 5.4%.
The export volume of machinery and transport equipment rose 9.0%, exports of food, drink and tobacco rose 7.7%, and exports of manufactured goods rose 2.7%. Energy exports fell 11%.
Trade with other European Union member states accounted for 82% of Hungaryʼs exports and 76% of the countryʼs imports.
In January-February 2019, exports rose by 6.4% both in volume and in euro terms, to EUR 18.062 bln. Imports increased by 7.7% in volume terms and by 8.5% in value to EUR 16.854 bln. The surplus thus narrowed by EUR 241 mln year-on-year to EUR 1.208 bln, the revised figures show.
The terms of trade deteriorated by 0.9% in the first two months as export prices rose 2.7% and import prices rose 3.6% in forint terms. The forint weakened by 2.8% to the euro and by 11% to the dollar in the January-February period.
A first estimate of data for the external trade in goods in March 2019, and for the first quarter of the year, will be published on May 9, with a second, more detailed estimate to follow on May 31.
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