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
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >