Trademagazin > News and articles > Market News > The weak forint mitigated the decline of pork exports
The weak forint mitigated the decline of pork exports
Most of the pigs were transported to Slovakia and Romania in this year's first quarter. The report of the Central Statistical Office (KSH) shows that 17 percent more Hungarian pigs were exported than a year earlier. The live pig imports were nearly 22 percent below the amount of the previous year. Meanwhile, the pigmeat exports declined by 12 percent. Income from exports did not reduce in the same proportion; only a 2.6 percent decline occurred, due to the weak forint. (by our colleague)
Related news
More related news >
Related news
The FAO global food price index has risen
The global index of food raw materials jumped to its…
Read more >Gergely Suppan: the economy can be on a higher growth path
The Hungarian economy can be on a higher growth path…
Read more >New generation of plant-based meat alternatives are high in salt and expensive
While the vast majority of plant-based meat substitutes significantly reduce…
Read more >