The performance of agricultural exports is outstanding for years
The driving force behind the Hungarian economy was agriculture in 2016, the performance of agricultural exports is high for many years – Czerván György, Minister of State for the Ministry of Agriculture (FM) told M1 news channel on Tuesday.
He added that the Hungarian agricultural export value increased by 40 percent, compared to 2010. Since 2012, it is exceeding 8 billion euros. Agricultural imports are significantly lower than the exportation of agriculture products. The agricultural surplus is significant. It is around 3 billion euros for years and it is 30 percent of Hungary’s foreign trade surplus. (MTI)
Related news
NAK considers supporting small-scale crop production a priority
Constructive cooperation with authorities and partner organizations plays a key…
Read more >Soil-X-Change meeting for soil renewal innovation partnerships
On November 13, 2024, the Institute of Agricultural Economics (AKI)…
Read more >Fish farmers do not plan to raise prices for this Christmas season either
Fish farmers do not plan to raise prices for this…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >