Imports grew faster than exports

By: Trademagazin editor Date: 2021. 09. 01. 11:24

In June, the value of exports in euros increased by 21.8 percent, imports by 25.1 percent, and the export surplus of 629 million euros was 98 million less than a year before, the Central Statistical Office (KSH) said on Wednesday based on its second estimate. The monthly assets were 51 million euros lower than reported in the first estimate.

Grain imports increased

In June, the volume of exports increased by 16.4 percent and the volume of imports by 16.0 percent year-on-year, with export prices rising by 5.2 percent and import prices by 8.4 percent in one year.

In the first half of the year, exports increased by 21.7 percent and imports by 19.3 percent, resulting in an export surplus of 3.670 billion euros, up 1.575 billion euros from a year before. (MTI)