Deficit on external trade in goods at EUR 475 million in April

Trade

Image by Pixabay

Hungary's deficit on external trade in goods stood at EUR 475 million in April 2022, according to data published by the Central Statistical Office (KSH).

The value of exports amounted to EUR 11.052 billion and that of imports to EUR 11.527 bln.

The value of exports was 12% and that of imports 21% larger in EUR terms in April 2022 than in the same period of the previous year.

The share of EU Member States was 77% in exports and 70% in imports.

The balance of external trade in goods deteriorated by EUR 812 million.

Compared to March 2022, the level of goods exports decreased by 8.9% and that of goods imports by 10%.

ADVERTISEMENT

World Hurtling Towards Recession and Possible Financial Cris... Analysis

World Hurtling Towards Recession and Possible Financial Cris...

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest targets tourists with public transport fare hikes City

Budapest targets tourists with public transport fare hikes

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.