Historical Record in Foreign Trade, an Important Pillar of the Hungarian Economy Is Reviving
5 Articles
5 Articles
Hungarian foreign trade showed significant improvement in September, with exports reaching a historic high, according to the Central Statistical Office (KSH) report released on Thursday morning. At the same time, the August data were also revised upwards, so the third-quarter figures look significantly more favorable for the Hungarian economy than previously.
In September, Hungary's foreign trade surplus was 907 million euros, 266 million euros more than a year earlier, the Central Statistical Office (KSH) announced. Meanwhile, the value of Hungarian exports rose to 16.2 billion euros, a historic record.
Hungary's foreign trade in goods closed September with a surplus of EUR 907 million, and the balance improved by EUR 266 million compared to a year earlier. Both export and import volumes increased, and the turnover of machinery and transport equipment expanded significantly. At the same time, exports and imports of energy sources declined.
In September, the foreign trade surplus in goods was 907 million euros, with exports up 4.6 percent and imports up 5.4 percent compared to the same period last year. In August, the Central Statistical Office (KSH) recorded a deficit of 481 million euros.
In September, the foreign trade surplus in goods was 907 million euros, with exports up 4.6 percent and imports up 5.4 percent compared to the same period last year. In August, the Central Statistical Office (KSH) recorded a deficit of 481 million euros.
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