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Hungary Posts EUR 496 m Trade Surplus in Nov

MTI-Hungary Today 2019.01.09.

Hungary posted a 496 million euro trade surplus in November, down by 186 million from the same month a year earlier, the Central Statistical Office (KSH) said in the first reading of data on Wednesday.

Exports grew by an annual 4.7 percent to 9.484 billion euros, while imports increased by 7.3 percent to 8.988 billion.

Fully 82 percent of exports and 75 percent of imports were traded with other European Union member states.

In January-November, exports grew by an annual 4.5 percent to 97.400 billion euros and imports rose by 7 percent to 91.740 billion.

The trade surplus for the period stood at 5.660 billion euros, narrowing by 1.846 billion euros from the same period a year earlier.