- 10 Feb 2017 6:10 AM
The trade surplus for the full year came to 9.978 billion euros, up by 1.383 billion euros from 2015. Exports increased by 3.1% to 93.274 billion euros and imports rose by 1.7% to 83.295 billion euros.
Takarékbank analyst Gergely Suppan said a pickup in domestic investments and higher oil prices would probably cause the trade surplus to narrow to 8.6-8.8 billion euros this year.
Erste Bank chief analyst Gergely Ürmössy also said rising investment activity and higher consumption would boost imports this year, while a temporary shutdown of some automotive industry capacity could weigh on exports, causing the trade surplus to fall.
Republished with permission of Hungary Matters, MTI’s daily newsletter.