Deficit on external trade in goods reaches EUR 503 mln in Mar

Trade

Image by Pixabay

Hungary's deficit on external trade in goods stood at EUR 503 million in March 2022, according to data published by the Central Statistical Office (KSH).

The value of exports amounted to EUR 12.12 bln and that of imports to EUR 12.623 bln.

The share of EU Member States was 78% in exports and 72% in imports.

Compared to March 2021, the value of exports increased by 8.7% and that of imports by 23% in EUR terms. The balance of external trade in goods deteriorated by EUR 1.4 billion.

Compared to February 2022, the level of goods exports rose by 5.4% and that of goods imports by 8.7%.

ADVERTISEMENT

The New Age of Commerce is Approaching Analysis

The New Age of Commerce is Approaching

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.