ADVERTISEMENT

Trade surplus amounts to EUR 913 mln in May

MNB

In euro terms, exports increased by 18.8% and imports by 18.4% in May 2017 compared to the same month of the previous year. The trade surplus was up EUR 170 million to EUR 913 mln, according to a first estimate of data for the May external trade in goods from the Central Statistical Office (KSH).

In May 2017, the value of exports amounted to EUR 8.995 billion, and that of imports to EUR 8.082 bln. The trade surplus thus amounted to EUR 913 million.

The share of European Union Member States was 78% in exports and 75% in imports.

The trade surplus reached EUR 4.271 bln for the January-May period, up EUR 10 mln from the corresponding five months of 2016. Imports rose 12.3% to EUR 37.829 bln, while exports were up 10.9% to EUR 42.099 bln.

A second estimate of data for the external trade in goods in May 2017 will be published on August 1. A first estimate of June figures follows on August 8.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Transformation Delineation - Microsoft country general manag... Podcasts

Transformation Delineation - Microsoft country general manag...

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.