Tag "export"

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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Hungarian imports and exports also fell in March

In the month of March, Hungarian exports and imports also suffered a serious decline. According to data from the Central Statistical Office (KSH), the value of exports was 15 percent...

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KSH: in February, the product foreign trade surplus was 1.7 billion euros

In February 2024, the export volume exceeded 3.4 percent, while the import volume was 4.7 percent lower than in the same period of the previous year. The assets were 1.7...

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How do Hungarian foods get to Singapore?

Perhaps we all already know that Hungarian agricultural products and foodstuffs are world-class. Thanks to the excellent Hungarian farmland, the quality of our traditional agricultural products and food is also...

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Hungary has been in the EU for 20 years: how has foreign trade changed?

On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...

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Thanks to Lidl, the bakery is expanding

As a member of the Simid Group, the Bulgarian company Hebar has made significant progress in opening up to export markets, mainly thanks to its long-term partnership with the Lidl...

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AKI: the export value of 13 of the 24 agricultural and food product groups increased in 2023

In an annual comparison, the assets of Hungarian agricultural foreign trade increased by 51 million euros (almost 20 billion forints) to 3,519 million euros (almost 1,400 billion forints) in 2023...

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Kyiv is ready to limit Ukrainian food exports to the EU

Ukraine is ready to accept trade restrictions with the European Union in order to resolve the political dispute between it and Poland, but at the same time urges the Union...

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KSH: The volume of exports of food, beverages and tobacco increased by 6.2 percent

In November 2023, the volume of exports decreased by 3.6 percent and that of imports by 16 percent compared to the same period of the previous year. The assets were...

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This causes the biggest headache for Hungarian SMEs wishing to enter the export market

In regional terms, domestic small and medium-sized enterprises perform on average on export markets, but overall, only slightly more than 5 percent of them still sell their products or services...

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Hungarian wine exports fell sharply

Compared to last year, the producer prices of wines increased, especially during domestic sales. The rate of price increase on export markets is much lower. In the first three quarters...

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KSH: The volume of exports of food, beverages, and tobacco decreased by 2.9 percent, while that of imports decreased by 11 percent

In July, the export volume increased by 3.2 percent, while the import volume decreased by 5.4 percent compared to the same period of the previous year. The assets were 559...

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