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

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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.

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