• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
Hungarian trade volume improves after lockdown plungeHungarian trade volume improves after lockdown plungeHungarian trade volume improves after lockdown plungeHungarian trade volume improves after lockdown plunge
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • BREAKING: Austria detaches Hungarian trains of Western railway network

  • Official price list: e-vignette prices to skyrocket in Hungary in 2024

Support us
Daily News Hungary Daily News Hungary · 09/07/2020
· Business

Hungarian trade volume improves after lockdown plunge

hungarian workers

Photo: MTI/Koszticsák Szilárd

Declines in Hungary’s exports and imports slowed in May after plunging during a lockdown to contain the spread of the coronavirus in April, and the trade balance returned to a surplus, data released by the Central Statistical Office (KSH) on Thursday show.

Declines in trade volume remained in the double digits in May but still showed improvement from April.

Exports fell by 28.9 percent to 6.758 billion euros and imports dropped by 25.5 percent to 6.602 billion euros.

In April, exports fell by more than 37 percent and imports dropped over 29 percent.

Hungary had a 155 million euro trade surplus in May, after a sizable 561 million euro deficit in April.

For the period January-May, Hungary’s exports fell by an annual 13.2 percent to 40.097 billion euros and imports dropped by 11.2 percent to 38.647 billion euros. The trade surplus for the period came to 1.449 billion euros.

austria coronavirus
Read alsoAustria eyes reopening trade, tourism with “safe countries”

Source: MTI

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
Coronavirus in Hungary economy Hungary statistics trade
Share

Hot news

  • What happened today in Hungary? – 30 September, 2023

  • Government halves energy prices in this sector in Hungary

  • Here is how former PM Gyurcsány’s party wants to take back the Hungarian state

  • Everybody adores this new Budapest hotel

  • Budapest Palace of Arts announces international star orchestras, world-class soloists in 2024 schedule

  • Debt of Hungary’s hospitals record high

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
  • Facebook
  • Twitter
  • Instagram

Must read

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.

Thank you!

You have successfully joined our subscriber list.

.

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
<strong> What happened today in Hungary? – 30 September, 2023 </strong>

What happened today in Hungary? – 30 September, 2023

Read More
Government halves energy prices in this sector in Hungary

Government halves energy prices in this sector in Hungary

Read More
Here is how former PM Gyurcsány’s party wants to take back the Hungarian state

Here is how former PM Gyurcsány’s party wants to take back the Hungarian state

Read More
Everybody adores this new Budapest hotel

Everybody adores this new Budapest hotel

Read More
Budapest Palace of Arts announces international star orchestras, world-class soloists in 2024 schedule

Budapest Palace of Arts announces international star orchestras, world-class soloists in 2024 schedule

Read More
Debt of Hungary’s hospitals record high

Debt of Hungary’s hospitals record high

Read More
Government decree deathblow to Hungarian environmental safeguards?

Government decree deathblow to Hungarian environmental safeguards?

Read More
Hungarian dog handlers train in Lithuania

Hungarian dog handlers train in Lithuania

Read More
Hungarian National Federation of Workers’ Councils happy with court decision

Hungarian National Federation of Workers’ Councils happy with court decision

Read More
Government decision turns Hungarian property sector upside down

Government decision turns Hungarian property sector upside down

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?