Hungary Exports Grow 6.1% YR/YR in September


Hungary’s exports grew by an annual 6.1% to 10.285 billion euros in September, while imports declined by 0.8% to 9.144 billion, according to a second reading of data released by the Central Statistical Office (KSH).


The trade surplus was 1.140 billion euros, up from 477 million in the same month a year earlier.

Hungary’s surplus in trade of machinery and vehicles reached 1.561 billion euros while the surplus in food, drink and tobacco products was 205 million.

A 381 million euro deficit was posted in trade of manufactured goods.

Trade with other European Union member states accounted for 78% of Hungary’s exports and 71% of imports during the month.
For the period January-September, Hungary’s exports fell by 7.7% to 75.621 billion euros, while imports dropped by 8.2% to 71.956 billion, with a trade surplus of 3.665 billion.


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