Foreign trade: freight and tourism produced serious surpluses
In the first quarter, exports of services in euro increased by 4.5 percent and imports by 3.2 percent compared to the same period of the previous year – the Central Statistical Office (KSH) announced on Friday.
The value of exports was 5,863 billion euros, and the value of imports was 3,920 billion euros.
Nearly four-quarters came from transport services, and 37 percent came from tourism.
The tourism surplus increased by 91 million euros to 717 million euros, compared to the first quarter of last year, with revenue rising by 10.6 percent and spending by 5.1 percent. (MTI)
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >The volume of beef imports increased by 24 percent
Based on KSH data, Hungary’s live cattle exports increased by…
Read more >The processing sales price of Trappist cheese has decreased
The producer price of raw milk, expressed in national currency,…
Read more >Related news
GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of…
Read more >What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >