KSH: Hungary’s trade surplus up €359 mln

Figures

The external trade surplus in Hungary was up €359 million in December, to €604 mln, as compared to the same month in the preceding year, while export volume grew 7.2% and import volume was up 3.4%, Hungary’s Central Statistical Office (KSH) reported today.

The overall value of exports during the month amounted to €6.7 billion, while imports reached €6.1 bln, according to data by KSH.  

With regard to all of 2015, the surplus on the trade balance increased by €1.8 bln, as compared to the preceding year, amounting to €8.1 bln. The volume of machinery and transport equipment rose by 11% in exports and 9.6% in imports, while the export and import volumes of manufactured goods were up 6.6% and 8.5%, respectively, KSH said.

The import volume of fuels and electric energy decreased by 9%, while the export and import volumes of food, beverages and tobacco increased by 5.2% and 6.2%, respectively, according to data by KSH.

The forint price level of external trade in goods decreased by 0.3% in exports and by 1.1% in imports over the year, KSH said, adding that the volume of exports to EU member states rose by 9.5% and the volume of imports from the EU by 8.1%.

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