In November foreign trade volume increased again
In November 2011, the volume of exports increased by 7.9%, and that of import grew by 4.5% compared to the same period of the previous year. The dominant part of the export and import growth was realized invariably in case of goods related to the manufacture of transport equipment and the exchange rate effect was significant in November, too.
In January–November 2011, the value of exports amounted to HUF 20,491 billion (EUR 74
billion), that of imports to HUF 18,649 billion (EUR 67 billion), while the volumes of exports and
imports were 11% and 7.4% higher respectively than in the same period of the previous year. The balance
of trade showed a surplus of HUF 1,842 billion (EUR 6,605 million), which meant an increase of HUF
442 billion (EUR 1,503 million) compared to the corresponding period of 2010.
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >