The foreign trade surplus in services was 790 million euros in the second quarter
The economic impact of the coronavirus pandemic has intensified in several areas of foreign trade in services compared to the previous quarter, the report added.
The significant decrease in the surplus can be explained mainly by the drastic 85.6 percent decline in tourism assets, but also by the 69.4 percent and 35.6 percent deterioration in the balance of contract services for transport services, respectively. (MTI)
Related news
KSH: industrial production decreased by 4.9 percent in June compared to the same period of the previous year and by 1.2 percent compared to May
In June 2025, the volume of industrial production fell by…
Read more >Domestic nectarine and peach production has decreased by a third
According to Europêch’s forecast, in the four leading peach and…
Read more >KSH: in July, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent, and those of June by 0.4 percent
In July, consumer prices were 4.3 percent higher on average…
Read more >Related news
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >