The dynamics of foreign trade is slowing down

By: trademagazin Date: 2011. 09. 02. 13:10

The significant slowdown in June's export and import growth caused no surprise to analysts polled by MTI, who believed in the year as a whole, the trade surplus may reach 6.5 to 6.6 billion euros, compared to last year's 5.5 billion euros.

According to the Central Statistical Office; exports increased by 3.1 percent in June, while imports grew by 3.8 percent compared to June 2010 calculated in euros, which is a significant slowdown from the 20.5 percent exports and the 15.6 percent imports of May – reports MTI.

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