Tag "export"

60 percent of the Hungarian mushrooms are exported

The most significant cultivated mushroom species in Hungary are csiperke and laska. The mushrooms are very healthy, but the mushroom consumption per person is very low in Hungary, 1-1.5 kilograms...

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KSH: import was growing faster than export in July

In July, the value of exports in euros was 5.0, while the value of import was 11.3 percent higher than one year before. Export surplus was 348 million euros, 410...

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FM: the export of beef and rabbit meat to Singapore may soon begin

Hungary’s export of beef and rabbit meat to Singapore may soon begin – Fazekas Sándor, Minister of Agriculture said, after a meeting with Lawrence Wong, head of the Singaporean National...

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Univer’s capacity increasing investment

Kecskemét-based Univer Product Zrt. invested HUF 4.3 billion in expanding its production capacity, from which HUF 2.1-billion was non-refundable state support from a programme of the Ministry for National Economy. With the...

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International demand for high-quality Hungarian cereal crops

At the moment the average purchasing price is HUF 42,000-43,000/ton. Secretary of state Dr István Nagy revealed that there is great demand for GMO-free, high-quality Hungarian wheat in Europe. Nestlé is an...

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Italian Ambassador: Italy will become Hungary’s third largest business partner

Italy will become Hungary’s third-largest business partner this year – after Germany and Austria – as trade flows between the two countries can reach 10 billion euros in 2017, Italy’s...

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Magazine: The growing prestige of Hungarian wine

In 2016 Hungary’s wine export grew much faster, by 6.2 percent than the country’s 1.6-percent agri-food export growth. The bad news is that the majority of our wine export, 45 percent...

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KSH: June surplus has become nearly one billion euros

In June, the value of exports in euro was 4.5 percent higher, while the value of import was 7.2 percent higher, compared to the previous year. The trade surplus increased...

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KSH: the six-month foreign trade surplus is approaching 5.4 billion euros

In the first half of the year, exports increased by 9.9 percent and the value of imports calculated in euros increased by 11.3 percent, compared to the same period of...

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KSH: surplus in May was 959 million euros

Following the swing in April, exports and imports again reached double-digit growth in May. The value of exports in euros was 19.7, and imports were 18.7 percent higher than in...

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The Gyulahús Ltd. hopes for an increase in its exports from the international gold star qualification

The Gyulahús Ltd. hopes to increase its exports after the International Taste and Quality Institute awarded two gold stars to one of the company’s product – the Managing Director of...

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Export can pull the corporate sector up

Over the next year, the domestic large companies expect a 2.2 percent increase in sales and a 1.4 percent profit increase. This is a downturn compared to last year’s forecasts,...

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Foreign trade in the euro area expanded significantly

Foreign trade in the euro area flourished in May. Exports and imports have expanded considerably, which is another sign that world trade is in a good state. The world’s number...

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Russian trade surplus rose by one-third in the first half of the year

A surplus of 59.1 billion USD was generated in Russia’s foreign trade balance in the first half of this year, which is 32.2 percent more than the 44.7 billion USD...

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Analysts: Foreign trade continues to perform well

Foreign trade continues to perform well, the surplus in May is higher than the expectations – analysts responded to the first estimate of the Central Statistical Office (KSH) on Friday....

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KSH: exports increased by nearly 19 percent, imports increased by 18 percent in May

The value of exports in euro increased by 18.8 percent while imports by 18.4 percent in May compared to the same period of last year, according to a first estimate...

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Magazine: The French connection

Last year, when Hungary’s agri-food export performance improved by 1.6 percent, the country exported 10.5 percent more to France – this was one of the biggest market growths for us...

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KSH: foreign trade surplus has decreased

In April, exports in euros were 1.9 percent lower than a year before, while imports dropped by 0.6 percent year-on-year, following a sharp rise of 19.0 and 21.3 percent in...

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Export value declined in April

In April, exports in euro were 1.6 percent lower, while imports were 0.4 percent lower than in the same period of last year, after the 19.0 and 21.3 percent increase...

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Foreign trade balance: food exports reached outstanding results

In March, exports in euros were 19.0 percent higher, while imports were 21.3 percent higher than in the previous year, according to the second estimate of the Central Statistical Office...

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Hungarian food exports increased by 37 percent over the past five years

The Hungarian food exports have increased by 37 percent over the past five years – Fazekas Sándor Minister of Agriculture said in Herceghalom. At the meeting of the Federation of...

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The euro zone trade surplus has reached a record

The euro zone trade surplus reached a record in March, according to the first estimate of the European Union’s statistical office. Eurostat’s report was published on Tuesday. In the third...

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The Exim Bank and Insurer launches a new program to support the export-oriented SMEs

By 2021, the Exim Bank and Insurer with its financial products would like to reach more than 50 percent of the micro, small and medium-sized enterprises. In order to reach...

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Focus on the sport economy and exportable Hungarian sports innovations

Sports is globally one of the most dynamically developing industries and its innovations in the segment is an international jumping opportunity for Hungarian companies as well. Recognizing this, the Hungarian...

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Foreign trade surplus may remain significant in the future

The foreign trade surplus may remain significant in the future, according to MTI’s macroeconomic analysts, who are expecting a further growth in exports in the coming months. According to preliminary...

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Destination: Iran!

Iran is the biggest country in the Middle East (its territory is 1,648,195km²) with a population of 82.2 million. The size of irrigated land is bigger than Hungary: 95,000km². Iran’s...

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KSH: the foreign trade surplus in the first quarter is close to 2.5 billion euros

In the first quarter, exports in euros increased by 12.6 percent, and imports in euros by 14.6 percent compared to the previous year. The foreign trade surplus decreased by 72...

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KSH: exports increased by 5.5 and imports increased by 7.5 percent in February

In February, the value of exports in euro increased by 5.5 and imports increased by 7.5 percent, compared to the previous year. The surplus of exports fell by 86 million...

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Lidl doubled its wine export

Lidl Wine Expo Hungary was organised for the 4th time this year. The representatives of Lidl stores came from 11 countries to try nearly 800 Hungarian wines, made by more...

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The performance of the Hungarian food industry grew by 1.5 percent last year

The performance of the Hungarian food industry grew by 1.4 – 1.5 percent last year, exceeding the industry average. The value of production amounted to 2880 billion HUF after the...

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