Hungary’s trade surplus at EUR 601 mln in August

MNB

pixabay

Hungary’s trade surplus was up EUR 157 million at EUR 601 mln in August, as compared to the same month a year earlier, while in euro terms exports increased by 13% and imports by 11%, Hungary’s Central Statistical Office (KSH) reported today in a first release of data.

The value of exports amounted to EUR 7.2 bln and that of imports to EUR 6.6 bln, according to KSH. European Union Member States were responsible for a 79% share of exports and 77% of imports for the month. 

In the January-August period, the value of exports was put at EUR 60.9 bln, imports at EUR 54.3 bln, and the trade surplus was EUR 6.6 bln. Exports and imports were up by 3% and 1.4%, respectively, in euro terms, while the trade surplus grew by EUR 1.056 bln, as compared to the same period a year earlier.

ADVERTISEMENT

Financial Loss Puts 4iG in Red Figures

Financial Loss Puts 4iG in Red

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Money Motion 2024: The Future of FinTech Unfolds in Zagreb Fintech

Money Motion 2024: The Future of FinTech Unfolds in Zagreb

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

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.