Tag "export"
Agricultural Marketing Center: Hungarian food manufacturers presented their products in Albania and Montenegro
Eleven Hungarian food manufacturing companies presented their products in Montenegro and Albania at business forums organized by the Hungarian Food Business Program, the export development branch of the Agricultural Marketing...
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Prices of Hungarian products in Denmark: surprising differences between domestic and foreign prices
Food prices in Hungary continue to rise sharply, so more and more attention is being paid to foreign prices – especially when it comes to Hungarian products. A TikToker, bojtoslili,...
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KSH: The foreign trade surplus in goods was 903 million euros in January
In January 2025, the volume of exports exceeded the level of the same period of the previous year by 2.5 percent, while imports fell short by 1.3 percent. The surplus...
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KSH: the foreign trade surplus in goods was 458 million euros in December
In December last year, the volume of exports was 1.9 percent lower and that of imports was 9.8 percent lower than in the same period of the previous year. The...
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The productivity of Hungarian companies is worse than anywhere else in the EU
According to a recent analysis by GKI Economic Research Ltd., Hungary’s manufacturing exports showed significantly lower growth than those of the countries in the region between 2010 and 2023. While...
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Austria’s exports fell significantly in November
Last November, Austrian exports fell much more than imports due to weak foreign demand. The country’s exports and imports also fell significantly in the first 11 months of the year,...
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GKI analysis: We can do something about economic vulnerability ourselves
The government’s “flying start” in 2025 would require a surge in exports (exports are 77.4% of GDP, while net exports are 6.8% of GDP). All this in circumstances where international...
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World raw sugar prices fall to lowest level since 2021
Raw sugar prices fell to their lowest since the summer of 2021 on expectations of a resumption of Indian exports and a favorable Brazilian harvest, according to a report by...
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Foreign trade surplus in services was 3.5 billion euros in the third quarter
In the third quarter of 2024, exports of services in euros exceeded the same period of the previous year by 4.2 percent and imports by 1.9 percent. The surplus was...
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KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent and that of imports by 4.5 percent compared to the same period of the previous year. The asset amounted to...
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The situation and prospects of Hungarian mushroom cultivation: innovation and sustainability in the sector
Hungarian mushroom growing is one of the special and outstanding sectors of the agricultural economy, which produces about 20-22 thousand tons of mushrooms every year, exporting a significant part of...
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Road to “economic neutrality”: service exports
Analysts regularly deal with Hungary’s foreign trade balance and its impact on the economy, but mostly the product foreign trade balance is discussed. At the same time, it is also...
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KSH: in July, the product foreign trade surplus was 167 million euros
In July, the volume of exports increased by 4.9 percent and that of imports by 7.1 percent compared to the same period of the previous year. The asset amounted to...
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KSH: Sales prices of the food industry decreased by 0.6 percent
In August 2024, industrial producer prices were on average 3.0 percent higher than a year earlier. Domestic sales prices increased by 1.2 percent and export sales by 4.0 percent, the...
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Why is Tokaj aszú cheaper in Switzerland than in Hungary?
Although it may be surprising, in some cases a quality Tokaji aszu is cheaper in Switzerland than in Hungary. This contradiction highlights the challenges of the Hungarian wine market and...
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Nut prices are rising in Hungary
In recent years, the price of walnuts has risen significantly in Hungary, while the harvested quantity did not show a significant increase. Although the area of walnut plantations has expanded...
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The situation of plums in Hungary: declining production areas and challenges in the processing industry
The plum, which is a popular fruit worldwide, also has a significant history in Hungary. In recent years, however, the decrease in domestic cropland and fluctuating crop yields have posed...
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Apple harvest and prices: further shortages and price increases are expected during the season
According to FruitVeb’s forecast, the 2024 apple harvest may decrease significantly in Hungary, which predicts a 10-15 percent increase in the price of edible apples on store shelves. This season,...
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KSH: The volume of exports of food, beverages and tobacco increased by 8.2 percent, while the volume of imports decreased by 4.0 percent
In June 2024, the volume of exports was 8.1 percent, and that of imports was 5.2 percent less than in the same period of the previous year. The asset amounted...
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KSH: industrial producer prices in July increased by 2.5 percent compared to a year earlier and by 0.7 percent compared to the previous month
In July, industrial producer prices were on average 2.5 percent higher than a year earlier. The prices of domestic sales increased by 1.4 percent and those of export sales by...
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Always, under all circumstances, the interests of Hungarian farmers come first
The interests of Hungarian farmers come first, which is why our country continues to maintain the ban on the import of Ukrainian agricultural products – stated Minister of Agriculture István...
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KSH: The volume of exports of food, beverages and tobacco increased by 20 percent, while imports increased by 6.6 percent
In May, the product foreign trade surplus was 1.0 billion euros, the balance worsened by 218 million euros compared to a year earlier. Compared to April, the adjusted volume of...
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KSH: industrial producer prices in June 2024 rose by 2.7 percent compared to a year earlier and by 1.5 percent compared to the previous month
In June 2024, industrial producer prices were on average 2.7 percent higher compared to a year earlier. Domestic sales prices decreased by 0.2 percent, export sales increased by 4.2 percent,...
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KSH: The volume of exports of food, beverages and tobacco increased by 35 percent, while the volume of imports increased by 10 percent
In April 2024, the volume of exports was 13, and that of imports exceeded the previous year by 2.5 percent. The asset amounted to 1.7 billion euros, the balance improved...
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KSH: Sales prices in the food industry were 5.1 percent lower than a year ago
In May 2024, industrial producer prices were on average 0.2 percent lower compared to a year earlier. Domestic sales prices decreased by 3.9 percent, export sales increased by 1.7 percent....
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Péter Szijjártó: Italy is Hungary’s fifth most important trade partner
One of the most important tasks of the next period will be the restoration of European economic competitiveness, no one should be allowed to destroy European industry on the basis...
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Is the Hungarian food industry on the verge of significant development?
The Hungarian food industry is on the verge of significant development, if it can properly use the HUF 1,500-2,000 billion development resources available until 2027, it can further increase its...
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The volume of exports of food, beverages and tobacco was 6.7 percent higher, and the volume of imports was 13 percent lower than a year earlier
In March 2024, the volume of exports was 10 percent lower than the same period of the previous year, and the volume of imports was 15 percent lower. The asset...
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MBH Bank and HEPA Hungarian Export Development Agency signed a cooperation agreement
MBH Bank and the HEPA Hungarian Export Development Agency signed a cooperation agreement in order to more effectively support companies active in export markets or planning to exit there, the...
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NGM: the weakness of the export markets continues to worsen the performance of the industry
Based on the data of the Central Statistical Office, in March 2024, according to calendar-adjusted data, the volume of industrial production decreased by 2.8 percent compared to the previous year....
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