External trade surplus at EUR 514 mln in October
The surplus on external trade in goods amounted to EUR 514 million in October 2019, with the balance of external trade improving by EUR 300 mln compared to the same month of last year, according to data by the Central Statistical Office (KSH).
In EUR terms, the value of exports increased by 6.7% and that of imports by 3.6% year-on-year.
In October 2019, the value of exports amounted to EUR 10.086 billion (HUF 3.349 trillion) and that of imports to EUR 9.572 bln (HUF 3.179 tln).
The share of European Union Member States was 80% in exports and 74% 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.