KSH: Hungary’s trade surplus drops to €966 mln in March
Hungary’s surplus on the trade balance was down by €44 million in March as compared to the same month a year earlier, reaching €966 mln, Hungary’s Central Statistical Office (KSH) reported today. In euro terms, exports decreased by 3.4% and imports by 3.3%.
Exports amounted to €8 billion and imports to €7.1 bln in March, with the share of European Union Member States being 80% in exports and 78% in imports, KSH said.
In the period of January-March, the value of exports was €22.6 bln, while imports were €20.2 bln and the surplus on the trade balance €2.5 bln.
As compared to the same period a year earlier, exports and imports were up by 1.6% and 2.3%, respectively, in euro terms, while the surplus on the trade balance decreased by €108 mln.
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