FX.co ★ Hungary’s Trade Surplus Widens Sharply in December to €333.4M

Hungary’s trade balance strengthened markedly in December 2025, with the surplus rising to €333.4 million from €35.1 million in November 2025, according to data updated on 29 January 2026. The month-over-month improvement underscores a significant shift in Hungary’s external position at the end of the year.

The figures, presented on a month-over-month basis, show that the “actual” result for December reflects a much stronger surplus compared with the previous month, while the prior reading for November had shown only a modest surplus versus October. This sharp December increase suggests either a combination of stronger exports, weaker imports, or both, although the underlying drivers are not detailed in the released data.

With the trade balance moving from a marginal surplus in November to a substantially larger one in December, the latest numbers may indicate improving conditions for Hungary’s external accounts heading into 2026, pending confirmation from subsequent monthly releases and more detailed trade breakdowns.