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KSH: Hungary’s trade surplus reaches €505 mln in May

Telco

Trade surplus in Hungary came to €504.7 mln  in May, with exports climbing 2.5% to €7.216 bln and imports edging down 0.7% to €6.711 bln, a first reading of data released by the Central Statistics Office (KSH) today reveals.

The share of European Union Member States was 79% in exports and 76% in imports, KSH said.

In January - May, the value of exports was €37.2 bln, while imports came to €33.7 bln. In the period exports and imports were up by 6.9% and 5.1%, respectively, in euro terms on the same period of the previous year, KSH said, adding that the surplus on the trade balance was €739 mln higher than what was measured a year ago.

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