KSH: Faster decline in imports than exports

According to the Central Statistical Office (KSH), during the 2009 January-June period, the volume of exports decreased by 20 percent of imports by 25 percent, compared to the period of the previous year. The foreign trade balance showed a 606 billion HUF

The volume of the turnover of machinery and transport, in the first six months of 2009 decreased larger than the average, while the volume of exports and imports of processed products, decreased lesser extent than the average. Exports to the European Union and the volume of imports coming from the EU, between January and June, decreased by 18, and 24 percent compared to the previous year.