This year, the foreign trade surplus can be higher than last year
According to analysts; the foreign trade balance in 2010, can close with a surplus of 5-6 billion HUF, because significant expansion is not expected in imports, due to the low internal demand, while exports can increase by 5-6 percent.
According to the Central Statistical Offce; the foreign trade balance showed a 3.9 billion euros (1,125 billion HUF) surplus last year, so the balance improved by 4.299 billion euros (1,188 billion HUF), compared to the 319 million euros (63 billion HUF) deficit of 2008.
Last year, the exports volume decreased by 12, imports fell by 17 percent, while in December, imports grew by 7, exports by 15 percent – reports ProfitLine.hu., after MTI.
Related news
Related news
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >