Hungarian exports can exceed 100 billion euros
This year, the growth in Hungarian exports is dynamic again: from the 71 billion euros of 2010 it will increase above 100 billion euros, by the end of this year. It is a growth of almost fifty percent – Magyar Levente, Parliamentary Minister of State of the Ministry of Foreign Affairs emphasized at the Hungarian Export Day in Budapest.
The Minister of State said in his opening speech that the balance of foreign trade was 6 billion euros in 2010 and 10 billion euros last year. The economy of Hungary has been growing since 2010. Currently the 4th lowest unemployment in the EU can be found here, and Hungary also has one of the highest GDP growth, and the volume of investments grew by 25 percent in the first half of this year. (MTI)
Related news
Export-led growth in the food industry – Univer and MIRELITE MIRSA business results for 2024
In 2024, two key Hungarian food industry players, Univer Product…
Read more >KSH: The services foreign trade surplus was 2.2 billion euros in the first quarter
In the first quarter of 2025, exports of services in…
Read more >Distant but open door: Hungarian companies see opportunities in Uzbekistan
Although geographically and culturally distant, Uzbekistan could be one of…
Read more >Related news
Cash has become a constitutional right: every merchant must provide the opportunity
A new regulation enshrining the right to use cash as…
Read more >Conscious consumers, digital transformation: lessons learned on the FMCG market in 2024
This article is available for reading in Trade magazin 2025/6-7.…
Read more >The SZÉP card option for home renovations brought in billions in turnover
As of January 1, 2025, a new purpose of use…
Read more >