Hungary recorded a trade deficit of €480.9 million in August 2026, reversing a surplus of €658.6 million in the same month a year earlier. Exports rose 15.8% year-on-year to €12,044.0 million, driven by increased shipments of machinery and transport equipment, which offset declines in processed products, energy carriers, and food, beverages and tobacco. Exports increased 2.3% in European Union markets but fell 1.8% in non-EU countries. Imports climbed 28.6% to €12,524.9 million, supported by higher purchases of machinery and transport equipment and processed products, despite declines in food, beverages and tobacco and energy carriers. Imports rose 8.2% in EU markets and 24% in non-EU markets. For January-August, Hungary’s trade surplus narrowed to €4,879.8 million from €7,019.4 million a year earlier, as exports grew 9.3% and imports increased 12.4%.