ADVERTISEMENT

KSH: Hungary’s trade surplus reaches €643 mln in December

Telco

Pixabay

Hungary’s trade surplus grew by €398 million in December in year-on-year terms, to reach €643 mln, with exports growing by 7.3% and imports by 1% in euro terms, Hungary’s Central Statistical Office (KSH) reported today.

Over the month, exports amounted to €6.8 billion and imports €6.2 bln, according to data by KSH. The share of European Union Member States was 75% in exports and 76% in imports, KSH added.

In terms of the whole year, the value of exports was €90.7 bln, while the value of imports equaled €82.6 bln, and the surplus on the trade balance was €8.1 bln, KSH said. During the period, the euro value of exports and imports rose by 7.4% and 5.6%, respectively, and the surplus on the trade balance grew by €1.8 bln.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.