Hungarian Trade Deficit Hits EUR 1.3 bln in November

Trade

Hungary's deficit on external trade in goods reached EUR 1.3 billion in November, according to data published by the Central Statistical Office (KSH).

The value of exports amounted to EUR 13.132 billion (HUF 5.364 trillion) and that of imports to EUR 14.415 bln (HUF 5.9 tln).

The value of exports in EUR terms was 18% and that of imports 29% larger in November 2022 than in the same period of the previous year.

The balance of the external trade in goods deteriorated by EUR 1.2 billion compared to November 2021.

The share of EU Member States was 78% in exports and 63% in imports.

Compared to October 2022, the level of export in goods increased by 5% and that of import in goods by 7.3%.

 

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