KSH: the foreign trade surplus in goods was 578 million euros in July

By: Trademagazin Date: 2025. 08. 29. 12:56

In July, the surplus of foreign trade turnover was 578 million euros, an improvement of 589 million euros compared to a year earlier. The volume of exports exceeded the same period of the previous year by 3.5 percent, and that of imports by 1.0 percent, the Central Statistical Office (KSH) reported on Friday.

The seasonally and working day-adjusted volume of exports exceeded that of June 2025 by 0.4 percent, while that of imports fell by 2.1 percent.

The value of exports in July was 12.0 billion euros (4,804 billion forints), while that of imports was 11.5 billion euros (4,574 billion forints).

Expressed in euros, the value of exports increased by 1.7 percent in July compared to a year earlier, while that of imports decreased by 3.3 percent.

Adjusted for calendar effects, the volume of exports increased by 3.1 percent, and that of imports by 0.9 percent.

The Central Statistical Office added that the price level of foreign trade in goods measured in forints decreased by 0.1 percent in exports and 2.7 percent in imports compared to the same month of the previous year. The terms of trade improved by 2.6 percent. The forint exchange rate weakened by 1.6 percent against the euro and strengthened by 5.7 percent against the dollar.

In terms of details, the export volume of machinery and transport equipment increased by 5.9 percent and its import volume by 2.6 percent. The main commodity group increased the volume growth of total turnover by 3.3 percentage points on the export side and by 1.2 percentage points on the import side.

The export volume of processed products decreased by 4.3 percent and its import volume by 1.5 percent. The main commodity group restrained the volume growth of total turnover by 1.3 percentage points in exports and by 0.6 percentage points in imports.

The export volume of energy carriers was 50 percent higher and their import volume was 3.7 percent higher than a year earlier. The increase in energy carriers’ turnover contributed 1.9 percentage points to the volume increase in exports and 0.4 percentage points to the volume increase in imports.