The asset of agricultural foreign trade decreased
The value of exports of agricultural and food industry products was 9,904 million euros, and the value of imports was 7,379 million euros in the first three quarters of 2023. The agricultural foreign trade asset was 2,525 million euros, 450 million euros less than in the first three quarters of 2022.
The export value of agricultural and food industry products increased by 0.4 percent and the import value by 7.1 percent in the first nine months of 2023, the balance worsened by 15.1 percent compared to the value of the first three quarters of 2022. The export volume of agricultural and food industry products fell by 6 percent and the import volume by 6.6 percent in the first nine months of 2023. National economic exports increased by 7.2 percent, imports decreased by 5.2 percent. The share of agricultural and food industry products in the total export value of the national economy in the first three quarters of 2023 was 8.8 percent, and 7 percent of the import value.
AKI PÁIR
Related news
New Polish president to form international coalition against Mercosur Agreement
Karol Nawrocki Poland’s newly inaugurated President announced at a rural…
Read more >NAK: consumers would also be adversely affected by the withdrawal of EU agricultural subsidies
The withdrawal of EU agricultural subsidies would seriously affect small…
Read more >AM: summer harvest completed, yields favorable
The summer harvest in Hungary has recently been completed, based…
Read more >Related news
62,700 purchases – all previous records broken at ALDI’s Sziget store
ALDI has set up a pop-up store at the Sziget…
Read more >The world of Minecraft comes to life in SPAR stores
The characters from one of the world’s most well-known and…
Read more >Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies,…
Read more >