Exports grew stronger than imports
In May this year, a surplus of 678 million euros was recorded for product and foreign trade, 285 million euros more than in May of the previous year, the Central Statistical Office (KSH) announced its first estimate on Tuesday.
According to the information, in May the value of exports in euro increased by 4.5 percent and imports by 2.6 percent, compared to the same period of the previous year.
In May, exports amounted to 9.4 billion euros (3,056 billion HUF) and imports to 8.7 billion euros (2,832 billion HUF). (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 >KSH: the number of guest nights increased by 25 and the number of guests by 30 percent compared to March 2023
The number of guest nights increased by 25 percent and…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >