Trade surplus widens to EUR 708 million in August
Exports slipped by 1.5 percent year-on-year to 11.314 billion euros, falling for the first time in close to two years. Imports dropped by 18.9 percent to 10.606 billion euros, declining for the fifth month in a row.
Trade with other European Union member states accounted for 77 percent of Hungary’s exports and 70 percent of its imports during the month.
In January-August, Hungary’s exports increased by 8.9 percent year-on-year to 100.020 billion euros, while imports fell by 3.2 percent to 94.390 billion euros. The trade surplus reached 5.630 billion euros.