Analysts: foreign trade surplus may rise again from 2020
The worse outlook for the global market and the continued strong growth in consumer and investment demand in the domestic market will lead to a slight decrease in the foreign trade balance this year.
Following the entry of new production capacities and the relative slowdown in the growth of consumption, the surplus may rise again next year – analysts commented MTI the Central Statistical Office’s first estimate on foreign trade turnover of last December and the last year. (MTI)
Related news
Hungarian pork foreign trade: dramatic decline in the first five months
While the world’s major pork markets – such as the…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >Agrometeorology: Night frosts to return next week
Further heavy rain is expected until the end of the…
Read more >Related news
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 >Cow and goat cheeses recalled from trade due to microbiological contamination
Pasteurized cow and goat cheeses from France have been recalled…
Read more >Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >