Hungary Trade Surplus at EUR 708 mln in August
Pixabay
Hungary's external trade in goods surplus amounted to EUR 708 million in August 2023, according to data published by the Central Statistical Office (KSH).
The balance improved by EUR 2.3 billion year-on-year.
Compared to August 2022, the value of exports declined by 1.5%, and that of imports was 19% lower in EUR terms. The value of exports amounted to EUR 11.3 bln, and that of imports to EUR 10.6 bln.
The share of the EU Member States was 77% in exports and 70% in imports.
Compared to the previous month (July 2023), the level of exports increased by 0.5%, and that of imports lessened by 0.9%.
Watchdog Fines OTP Bank for Regulatory Shortfalls
Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s
Biggeorge Adds 2 New Directors to Top Management
Tastin' France 2024 Wine Event Coming in June
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
