KSH: The volume of exports of food, beverages and tobacco decreased by 5.7 percent, while imports decreased by 13 percent

By: Trademagazin Date: 2026. 03. 02. 12:08
🎧 Hallgasd a cikket:

In January, the goods trade surplus was 12 million euros, the balance deteriorated by 756 million euros compared to a year earlier. The volume of exports was 9.9 percent lower, while imports were 2.3 percent higher than in the same period of the previous year, the Central Statistical Office (KSH) reported on Monday.

The seasonally and working day-adjusted volume of exports was 3.2 percent lower than in December 2025, while imports were 4.3 percent higher.

In January, the value of exports was 11.5 billion euros (4,407 billion forints), while imports were 11.5 billion euros (4,402 billion forints). Expressed in euros, the value of exports decreased by 4.5 percent, while imports increased by 2.0 percent compared to the same period a year earlier. Adjusted for calendar effects, the volume of exports decreased by 6.8 percent, while imports increased by 5.1 percent, the Central Statistical Office announced.

The price level of foreign trade turnover in forints decreased by 1.0 percent in exports and 7.0 percent in imports compared to the same month of the previous year. The terms of trade improved by 6.4 percent. The forint exchange rate strengthened by 6.7 percent against the euro and 18 percent against the dollar, the report shows.

The Central Statistical Office detailed: the export volume of machinery and transport equipment decreased by 6.0 percent, while its import volume increased by 12 percent. The main commodity group of machinery and transport equipment increased the decrease in total export volume by 3.2 percentage points on the export side, and strengthened the increase in total import volume by 5.3 percentage points on the import side.

The export volume of processed products decreased by 18 percent, and its import volume by 7.9 percent. The main commodity group of processed products accelerated the decrease in total export volume by 5.5 percentage points in exports, and restrained the increase in total import volume by 2.9 percentage points in imports.

The export volume of energy carriers was 10 percent lower, and their import was 9.8 percent higher than a year earlier. The change in the turnover of energy carriers on the export side strengthened the volume decrease in total exports by 0.5 percentage points, and on the import side increased the volume increase in total imports by 1.1 percentage points.

The volume of exports of food, beverages, and tobacco decreased by 5.7 percent, and that of imports by 13 percent. The volume change realized by the main commodity group accelerated the volume decrease in total turnover in exports by 0.4 percentage points, and slowed the volume increase in total turnover in imports by 0.9 percentage points.

According to the report, the volume of exports to EU member states decreased by 10 percent, and that of imports from there by 1.9 percent, compared to a year earlier. The foreign trade balance of goods deteriorated by 597 million euros, resulting in a surplus of 661 million euros. 76 percent of exports and 70 percent of imports were carried out in this relationship.

In trade with countries outside the EU, the volume of exports decreased by 10 percent, while imports increased by 8.9 percent. The foreign trade balance deteriorated by 159 million euros in this relationship, showing a deficit of 648 million euros, the Central Statistical Office reported.