Hungary trade surplus reaches €575 mln in August

MNB

Hungary had a €575.1 million trade surplus in August, up from €454.4 million in the same month a year earlier, the Central Statistics Office (KSH) said in a first reading on Tuesday.

Exports rose 2.0% to €6.592 billion during the period. Imports edged up 0.2% to €6.017 billion.

About 73% of exports went to other European Union members, who also accounted for 69% of Hungary's imports.

The trade surplus for January-August came to €4.667 billion, down from €4.739 billion in the same period a year earlier. Exports climbed 1.1% to €53.113 billion and imports increased 1.4% to €48.446 billion.

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