• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Hungary’s final March trade surplus EUR 929 m, unchangedHungary’s final March trade surplus EUR 929 m, unchangedHungary’s final March trade surplus EUR 929 m, unchangedHungary’s final March trade surplus EUR 929 m, unchanged
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
Support us
Daily News Daily News · 01/06/2015
· Business

Hungary’s final March trade surplus EUR 929 m, unchanged

economy
Daily News Hungary economy

Budapest, June 1 (MTI) – Hungary posted a foreign trade surplus of 929 million euros in March based on a second reading of the data, unchanged from the preliminary figure, the Central Statistical Office (KSH) said on Monday.

Exports rose by 13 percent to 8.257 billion euros from the same period a year earlier. Imports were up 9.8 percent at 7.327 billion euros.

For January-March, the trade surplus reached 2.487 billion euros. Exports rose by 7.7 percent to 22.288 billion euros and imports were up 5.7 percent at 19.801 billion euros.

Hungary’s exports to other European Union member states reached 17.646 billion euros in January-March. Exports to non-EU countries came to 4.642 billion euros.

Bela Glattfelder, state secretary at the economy ministry, welcomed the data as “extremely favourable”. He said if positive trends continued, Hungary may post a foreign trade surplus of 9 billion euros by year-end, surpassing all records.

He said the Hungarian economy had strengthened considerably in the recent period, especially industrial output. Vehicle manufacturing has improved, with several new model cars out on the market.

Low energy prices on international markets have helped Hungarian exports, he said. Hungary has increased its exports to US dollar-based economies due to the dollar’s strengthening to the euro. While Hungary’s exports are still 80 percent to EU countries, exports to non-EU states are rising rapidly, Glattfelder added.

Source: http://mtva.hu/hu/hungary-matters

economy
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published.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

SUPPORT US

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.


.

Latest news
  • Orbán government moves away from Budapest
  • PHOTOS: Construction of the New National Gallery in Budapest can start soon
  • ‘Brussels bureaucracy’ attacking Hungary for political reasons?
  • Hungary’s trade expected to be record-breaking in 2023 with this small country
  • PHOTOS: Extreme cold to come next week in Hungary, snow, frost covers the country
  • Diplomatic conflict between the USA and Hungary worsened: Orbán helps Putin redraw Europe’s map?
  • Hungarians think Ukraine should end the war even if it loses territories
  • Hungary is developing electric garbage trucks

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V