KSH: Trade surplus at €497.6 mln in July

Telco

Hungary had a €497.6 mln trade surplus in July, up €65.9 mln year-on-year, the Central Statistics Office (KSH) revealed in a first estimate report today. Figures show a slight decrease from the € 584.1 mln trade surplus in June. 

Exports grew by 8.4% and reached €7.254 bln. Imports were up 7.9% at €6.757 bln.

Approximately 78% of Hungary's exports went to other European Union countries in July while 74% of the country's imports came from the EU.

In the first half of the year, trade surplus came to €3.782 bln, up €253 mln year-on-year. Exports increased by 5.0%, totalling €49.079 bln. Imports grew by 4.8% at €45.297 bln.

KSH is scheduled to publish a second data reading on October 2.

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