In March 2018, the value of exports amounted to EUR 9.124 billion and that of imports to EUR 8.566 bln, according to a first estimate of monthly data for the external trade in goods from the Central Statistical Office (KSH).
The trade surplus was thus EUR 558 million, down EUR 264 mln year-on-year.
The share of trade with other European Union member states was 81% of exports and 77% of imports.
In January-March, exports were up 3.4% annually at EUR 26.134 bln, while imports rose 3.9% to EUR 24.037 bln. The trade surplus in the first quarter was thus EUR 2.097 bln, down EUR 54 mln from the same period of last year.
The KSH will publish a second, more detailed reading of the March external trade data on June 1.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
