If you only need to export a few Hotmail emails or folders, you could use an email client like Mozilla Thunderbird. After adding your Hotmail account via IMAP and syncing the mailbox, you would open each folder, select all emails, and save them one-by-one as EML files.
The CloudMigration Hotmail Backup Tool lets you export multiple Hotmail folders to EML files in one go. It supports batch and selective folder export, preserves email formatting, attachments, and metadata, and offers features like preview, date filters, and duplicate removal. With its intuitive interface and secure processing, it provides a fast, accurate, and user‑friendly solution for exporting Hotmail folders to EML.

Read More: https://www.cloudemailmigration.com/hotmail-backup.php