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Hungary farm exports to China forecast to grow by a quarter this year

Hungary farm exports to China forecast to grow by a quarter this year

Preliminary data indicates that Hungarian exports of agricultural products to China will increase by around 25 percent this year, growing at a similar rate to last year, Hungary’s farm minister said on Monday. 

Sándor Fazekas told the agriculture and environment meeting of representatives attending the China-CEE summit in Budapest that among central and eastern European countries, Hungary exports the most product lines to China, including pork, goose, duck, cattle, rabbit meat, dairy products, live horses, wheat and milk.

The minister noted

the China is Hungary’s tenth most important trading partner

FINA

and Hungarian exports to China exceeded 500 billion forints (EUR 1.6bn) last year.

At the event, six Chinese and Hungarian firms and institutions signed cooperation agreements.

Source: MTI

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