External trade surplus at EUR 697 mln in June
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.
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.