KSH: Hungary’s trade surplus up €284 mln in May, y-o-y

Telco

The trade surplus of Hungary was up €284 million year-on-year in May, reaching €755 mln, according to a report by Hungary’s Central Statistical Office (KSH) published today. In the first five months of the year, the country’s trade surplus was up by €720 mln to €4.2 billion, compared to the same period last year, KSH reports.

In euro terms, exports increased by 6.3% and imports were up by 2.4% in May, as compared to the same month a year earlier. The share of European Union Member States was 81% in exports and 77% in imports. In May, exports amounted to €7.6 bln and imports to €6.9 bln.

In the first five months of the year, the euro value of exports and imports rose year-on-year by 3.2% and 1.4%, respectively, KSH said. The value of exports was €38.3 bln, and that of imports equaled €34.0 bln. Year-on-year in euro terms, exports and imports were up by 3.2% and 1.4% in the first five months, KSH said.

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