Hungary’s trade surplus down to €814 mln in September
pixabay
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.
ADVERTISEMENT
KSH Dismisses Reports of Eurostat 'Investigation'
Hungarian-American Business Chamber Established in Chicago
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.
