Hungary’s trade surplus reaches EUR 556 mln

MNB

Pixabay

Hungary’s trade surplus decreased by EUR 82 million to EUR 556 mln in December, compared to the same month in 2015, with exports increasing by 7.7% and imports by 9.9% in euro terms, the Central Statistical Office (KSH) said today in a first estimate of data.

The value of exports amounted to EUR 7.3 billion and that of imports to EUR 6.7 bln in December, with the share of European Union member states being 75% in exports and 76% in imports.

As far as the whole of 2016 is concerned, the trade surplus grew by EUR 1.4 bln to EUR 10 bln, compared to 2015, with exports growing by 3.1% and imports by 1.7% in euro terms, according to KSH. The value of exports was EUR 93.3 bln, while that of imports equaled EUR 83.3 bln.

ADVERTISEMENT

Business confidence improves as consumer sentiment worsens Analysis

Business confidence improves as consumer sentiment worsens

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.