Trade surplus at EUR 896 mln in October

Trade

Image by Pixabay

The surplus on external trade in goods amounted to EUR 896 million in October, according to data published by the Central Statistical Office (KSH).

Image by Pixabay

The balance of external trade in goods improved by EUR 516 million compared to October 2019, KSH notes.

In October 2020, the value of exports amounted to EUR 10.027 billion and that of imports to EUR 9.131 bln. 

The value of exports decreased by 1.5% and that of imports by 6.8% in EUR terms, compared to the same period of the previous year. The share of EU-27 Member States was 77% in exports and 71% in imports.

Compared to September 2020, the level of external trade slightly lessened, exports went down by 2.5% while imports remained unchanged.

ADVERTISEMENT

Business, consumer confidence improves - Századvég Analysis

Business, consumer confidence improves - Századvég

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.