The trade surplus represents an uptick of €237 million from the 11-month period in 2012.

According to KSH’s preliminary figures, exports amounted to €7.4 billion (HUF 2.201 trillion), while imports to €6.5 billion (HUF 1.959 trillion).

Despite the government’s much-ballyhooed Eastward-facing import/export strategy, exports and imports to European Union markets actually increased month-on-month: Exports to the EU made up 78% of the proportion and imports from the EU represented 75% of the total in November; the ratios were 77% and 72%, respectively, in October.