Tag "export"

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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We can expect a weaker than average plum crop this year

According to KSH data, 34.9 thousand tons of plums were harvested from 7 thousand hectares in Hungary in 2022 (33.2 thousand tons were produced in 2021). According to experts, due to...

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Majority of Hungarian sour cherry exported to Germany

Hungary is the third biggest sour cherry producer in Europe, with an output around 60,000 tonnes per year. This article is available for reading in Trade magazin 2023/8-9. Domestic consumption...

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Cabbage in the open field costs less than the previous year

According to KSH data, Hungary produced 39.8 thousand tons of head cabbage in 2022, 7 percent more than a year earlier. Hungary’s head and red cabbage foreign trade balance was negative...

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697 million euro surplus in foreign trade

A still outstanding surplus of 697 million euros was generated in foreign trade in July, thanks to the drop in energy prices compared to last year’s level and the moderation...

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The HELL group of companies exports to sixty countries

The HELL Group has summarized its extensive business results in a statement. Their export activities reach sixty countries, and they are market leaders in various parts of the world, not...

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KSH: Sales prices in the food industry rose by 19.4 percent

In June, industrial producer prices were on average 6.4 percent higher than a year earlier. Domestic sales prices increased by 29.8 percent, export sales decreased by 5.0 percent, the Central...

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The EU has signed a free trade agreement with New Zealand

The European Union and New Zealand signed a free trade agreement, as a result of which bilateral trade is expected to increase by up to 30 percent within a decade,...

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308 million euros surplus in foreign trade

The foreign trade surplus exceeded expectations, reaching an additional €308 million in April, partly due to a decrease in energy prices. Reflecting weak industrial data in April, the growth of...

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Industrial producer prices have risen, and export prices have already fallen

In April 2023, industrial producer prices rose by an average of 15.9 percent compared to a year earlier. Domestic sales prices increased by 41.9 percent, export sales by 3.3 percent,...

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Brilliance products will be distributed throughout Asia

After a two-month journey, the first ship shipment of Brilliance Tisztítószer Gyártó Kft. has arrived in Vietnam, and the products of the Hungarian company producing eco-cleaning products have already been...

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Herbs in the food industry

I believe in the healing power of herbs – declared Dr. Márton Nobilis, State Secretary responsible for the food industry and trade policy of the Ministry of Agriculture, at the...

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Minister of Agriculture István Nagy discussed the export of Hungarian foodstuffs to the United States in Washington

On Tuesday, the Hungarian Minister of Agriculture also discussed the export of Hungarian waterfowl to the United States and the possibilities of transporting mangalica ham to the United States. On...

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