Trade surplus up to EUR 908 mln in November
Hungary’s trade surplus was up EUR 130 million to EUR 908 mln in November compared to the same month a year earlier, the Central Statistical Office (KSH) said today in a first release of data.
In euro terms, exports increased by 5.8% and imports by 4.6% in November compared to the same month a year earlier. The value of exports amounted to EUR 8.6 billion and that of imports to EUR 7.7 bln, according to KSH data. The share of European Union member states was 80% of exports and 77% of imports, the KSH added.
In the January-November period, the euro value of exports grew by 2.7% and that of imports by 1.0%, reaching EUR 86.0 bln and EUR 76.5 bln, respectively. The trade surplus in the period grew by EUR 1.5 bln to EUR 9.5 bln, as compared to the corresponding eleven-month period of the previous year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.