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Oct 10, 2019

Hungary had an impressive 37 million euro trade surplus in August

Exports rose by 2.6 percent year-on-year to 8.141 billion euros. Imports were up 1.3 percent at 8.104 billion euros. Trade with other European Union member states accounted for about 80 percent of exports and 73 percent of imports.

In its first reading of data, the Central Statistical Office (KSH) has revealed that Hungary had a 37 million euro trade surplus in August.

According to MTI, the surplus was up 99 million euros from the same month a year earlier.

Exports rose by 2.6 percent year-on-year to 8.141 billion euros. Imports were up 1.3 percent at 8.104 billion euros. Trade with other European Union member states accounted for about 80 percent of exports and 73 percent of imports.

For the period January-August, exports were up 3.7 percent annually at 72.225 billion euros and imports rose by 5.5 percent to 68.898 billion euros.

The trade surplus for the period stood at 3.326 billion euros, narrowing by 977 million euros from the same period a year earlier. KSH will publish a second reading of the August data on October 31st.