Hungary balance of trade

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Hungary balance of trade: 1233 (178.33%)
Last Update: February 28, 2025

Hungary balance of trade closed down 1233 as of February 28, 2025 from 443 from the previous month and 1690.64 from last year.


Hungary balance of trade Analytics & Data




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Hungary balance of trade

Date Values
2025-02-28 1233
2025-01-31 443
2024-12-31 166.82
2024-11-30 167
2024-10-31 1123.51
2024-09-30 1123.51
2024-08-31 1020.33
2024-07-31 1001
2024-06-30 1749.52
2024-05-31 1749.52
2024-04-30 1569.67
2024-03-31 1569.67
2024-02-29 1690.64
2024-01-31 582.56
2023-12-31 -270.89
2023-11-30 1504.84
2023-10-31 1003.25
2023-09-30 1396.99
2023-08-31 655.36
2023-07-31 565.19
2023-06-30 1566.86
2023-05-31 1219.33
2023-04-30 375.38
2023-03-31 997.89

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Hungary balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade hu.balanceoftrade 1233.0 443 178 -27 UP Down 67 2025-02-28

Hungary balance of trade Quantitative Analysis, Charts & Factors

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Hungary balance of trade Historical Data

The MacroVar database offers free access to historical data for the Hungary balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hungary balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hungary balance of trade

The balance of trade in Hungary refers to the difference between the value of exports and imports of goods and services in the country. A positive balance of trade occurs when the value of exports exceeds that of imports, resulting in a surplus. On the other hand, a negative balance of trade occurs when the value of imports exceeds that of exports, leading to a deficit. A balanced trade is important for the economy as it can impact the country's currency value, inflation rates, and overall economic growth. Hungary's balance of trade is influenced by various factors such as the strength of the domestic economy, global demand for Hungarian goods and services, exchange rates, and government trade policies. Keeping a favorable balance of trade is crucial for sustaining economic stability and growth in Hungary.

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