Hungary trade deficit EUR 76 m in Nov
Hungary posted a trade deficit of 76 million euros in November, the Central Statistical Office (KSH) said in a second reading of data released on Tuesday.
The first reading indicated a surplus of 81 million euros.
According to the second reading, exports were worth 11.157 billion euros in November, while imports amounted to 11.233 billion.
Imports grew by 15.7 percent month on month, outpacing the increase in exports of 8.2 percent.
The volume of exports to EU-27 Member States became 4.3% smaller and that of imports from there 4.9% larger.
The balance of external trade in goods deteriorated by EUR 1.0 billion and a surplus of EUR 329 million was generated. This group of countries accounted for 77% of exports and 73% of imports.
In extra-EU-27 trade, the volume of exports was up by 1.0% and that of imports declined by 18%. The balance of external trade in goods with these countries improved by EUR 326 million and showed a deficit of EUR 405 million.