Trade surplus drops to EUR 878 mln in April

MNB

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Hungary’s surplus in external trade in goods dropped by EUR 98 million to EUR 878 mln in April, compared to the same month a year earlier, Hungary’s Central Statistical Office (KSH) said this morning in a first release of data.

The KSH speculates that trade could have been affected by the three fewer working days in April this year.

Exports decreased by 1.6% and imports by 0.4%, in euro terms. The value of exports amounted to EUR 7.8 billion and that of imports to EUR 6.9 bln.

The share of European Union member states was 80% in exports and 78% in imports, according to KSH data.

The KSH will publish its second estimate of April data on June 30.

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