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
The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds,…
Read more >Farmer-centric agricultural policy after 2027 receives unanimous support
The EU member states’ agriculture ministers have adopted Council conclusions…
Read more >Slow but steady growth in sunflower producer prices
Oil World experts expect a global sunflower seed harvest of…
Read more >Related news
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >Zsolt Liptai became the winemaker of the year
The Hungarian Wine Academy (MBA) has awarded Zsolt Liptai, the…
Read more >Tips for avoiding credit card fraud during the holiday season
The Christmas season is all about the joy of shopping,…
Read more >