External trade surplus at EUR 697 mln in June

Trade

Image by Pixabay

In June 2020, the surplus on external trade in goods was EUR 697 million, up EUR 201 mln year-on-year, according to data published by the Central Statistical Office (KSH).

Image by Pixabay

According to KSH, a more moderate decline was seen in both directions of euro-denominated external trade in goods than in April–May, due to the easing of the direct negative effects of the COVID-19 epidemic.

In EUR terms, the value of exports decreased by 3.1% and that of imports by 5.7%  compared to the same month of the previous year.

The value of exports amounted to EUR 8.542 bln and that of imports to EUR 7.846 bln.

The share of EU-27 Member States was 78% in exports and 68% in imports.

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