• Home
• Channel: Business
• Imports Up 25% to 12.840 Billion Euros This March, as Hungary’s Terms of Trade Deteriorate

Imports Up 25% to 12.840 Billion Euros This March, as Hungary’s Terms of Trade Deteriorate

• 3 Jun 2022 7:38 AM
• Hungary Matters

Hungary’s trade balance showed a 708 million euro deficit in March, the Central Statistical Office (KSH) confirmed in a second reading of data.

Exports rose by an annual 8.8% to 12.131 billion euros and imports climbed 25% to 12.840 billion euros.

Hungary’s terms of trade deteriorated by 6.7% during the period as the forint weakened by 3.1% against the euro and by 11% against the dollar.

Click here to read the full report

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Import Trade Export

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Hungary-US Trade Record Broken

• 8 Mar 2024 7:45 AM

Hungarian-American bilateral trade set a new record, exceeding 9 billion dollars last year, while US investments continue to flow into Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said in Washington, DC, noting that the United States is Hungary’s biggest export market outside the European Union.



Final Agreement on Repurchase of Budapest Airport Set for This Month by Gov't

• 7 Feb 2024 9:06 AM

An agreement on the buy-back of Budapest Airport could be reached as early as February, Márton Nagy announced at a press event, reports Világgazdaság.



New Expat Director Takes Over at Mercedes-Benz Plant in Hungary

• 26 Jan 2024 5:16 AM

Jens Bühler will take up the position of director of the Mercedes-Benz plant in Kecskemét (central Hungary) in January, the company announced.



Fizzing Success: Hungarian Vintners Sparkle with 3.5 Million Litres Export

• 8 Jan 2024 3:07 PM

Hungarian vintners export about 3.5 million litres of sparkling wine a year, the National Chamber of Agriculture (NAK) said.