KSH: Foreign trade surplus decreased to 8.2 billion euros in 2017
The Hungarian foreign trade closed last year with a surplus of 8.234 billion euros, which is 1.487 billion euros less than in the previous year, according to a first estimate of the Central Statistical Office (KSH) published on Friday.
In 2017, exports in euros increased by 8.4 percent, and imports increased by 11.1 percent, compared to 2016.
In December last year, exports and imports in euros were both 2.5 percent higher than in the previous year, while monthly export surplus increased by 12 million euros to 502 million euros.
The report added that in December last year, there were two fewer working days than a year before. (MTI)
Related news
The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks…
Read more >