The surplus of the external trade in goods was EUR 12 million, the balance decreased by EUR 756 million, year-on-year. The volume of export decreased by 9.9% compared to the same period of the previous year, that of import grew by 2.3%. The seasonally and working-day adjusted volume of export decreased by 3.2%, that of import increased by 4.3% compared to December 2025.
In January 2026 the value of export amounted to EUR 11.5 billion (HUF 4,407 billion), that of import was EUR 11.5 billion (HUF 4,402 billion).
In January 2026 compared to a year earlier:
The value of export decreased by 4.5% and that of import grew by 2.0% in EUR terms.
According to calendar-adjusted data, the volume of export lessened by 6.8%, that of import increased by 5.1%.
The HUF price level of the external trade in goods decreased by 1.0% in export and by 7.0% in import, compared to the same month of the previous year. The terms of trade improved by 6.4%. The HUF exchange rate improved by 6.7% against the EUR and by 18% against the US dollar.
The export volume of machinery and transport equipment decreased by 6.0%, its import volume grew by 12%. The aggregate commodity group of machinery and transport equipment hastened the volume decrease in total turnover by 3.2 percentage points on the export side, and contributed to the total volume increase by 5.3 percentage points in imports.
The export volume of manufactured goods decreased by 18%, their import volume by 7.9%. The aggregate commodity group of manufactured goods contributed to the volume decrease in total export by 5.5 percentage points and weakened the volume growth by 2.9 percentage points in import.
The export volume of fuels and electric energy decreased by 10%, their import volume grew by 9.8%, year-on-year. The change in the turnover of fuels and electric energy contributed to the volume decrease in total turnover by 0.5 percentage points in export and hastened the volume increase in import by 1.1 percentage points.
The export volume of food, beverages and tobacco lessened by 5.7%, their import volume by 13%. The volume change realised by the aggregate commodity group hastened the export volume decrease by 0.4 percentage points, and counteracted the volume increase in import by 0.9 percentage points.
The volume of export to the EU-27 member states decreased by 10%, the volume of import from there lessened by 1.9%. Compared to January 2025 the balance of the external trade in goods deteriorated by EUR 597 million, generating a surplus of EUR 661 million. This group of countries accounted for 76% of exports and 70% of imports.
In the extra-EU-27 trade the volume of export decreased by 10%, that of import grew by 8.9%. The balance of the external trade in goods with these countries deteriorated by EUR 159 million, showing a deficit of EUR 648 million.
