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Hungary’s trade surplus down to €814 mln in September

Telco

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Hungary’s surplus on the trade balance was down by €126 mln to €814 mln (HUF 255 bln) in September in year-on-year terms, Hungary’s Central Statistical Office (KSH) said this morning.

Exports amounted to €8.2 bln (HUF 2.561 trillion) and imports to €7.4 bln (HUF 2.306 trillion), both an increase in year-on-year terms of 5.6% and 8.2%, respectively, KSH said. Data from KSH suggest that the share of European Union member states was 80% in exports and 76% in imports.

In the first nine months, the euro value of exports and imports rose by 7.2% and 5.9% respectively, reaching a value of €67.6 bln (HUF 20.874 trillion) and €61.5 bln (HUF 18.980 trillion), respectively. The surplus on the trade balance came to €6.1 bln (HUF 1.894 trillion), €1.1 bln higher than in the same period a year earlier KSH said.

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