KSH export increased by 5 and import grew by 1.3 percent in June
The value of exports in euros increased by 5 percent, while imports grew by 1.3 percent in June compared with a year before, so the trade surplus increased by 302 million euros to 1 129 million euros (HUF 355 billion) – on the basis of the first estimate of the Central Statistical Office (KSH).
In the first half of 2016 the value of exports increased by 3.5 percent calculated in euros, while imports increased by 1.5 percent and the foreign trade surplus increased by 997 million euros to 5.3 billion euros (HUF 1660 billion).
In June, the value of exports increased by 8.5 billion euros (HUF 2657 billion) and imports by 7.3 billion euros (HUF 2302 billion). (MTI)
Related news
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >The situation and prospects of Hungarian mushroom cultivation: innovation and sustainability in the sector
Hungarian mushroom growing is one of the special and outstanding…
Read more >Road to “economic neutrality”: service exports
Analysts regularly deal with Hungary’s foreign trade balance and its…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >