Tuesday, 02 January 2024 12:17 GMT

Hungary exports up to USD8.7b in June


Date:

(MENAFN) Hungary's imports and exports increased 8.9 percent and 13.4 percent, respectively, in June compared to the same period in 2014, while imports totaled to USD7.9 billion, exports hit USD8.7 billion.

Exports and imports values rose 7.9 percent and 5.8 percent, respectively, in the first half of this year compared to 2014. The figure all came down to a USD899 million surplus on the trade balance.

Hungary exceled in the international markets, with a significantly improved competitiveness, continuously expanding its exports, let alone accomplishing a record trade surplus in 2015, as noticed by the National Economy Ministry State Secretary.

To reassure Hungary's solid grounds in the international trade environment, a report said that very low oil price helped a strong demand for its products in 2015's second half, let alone witnessing a significant reduction in Hungary's debt.

MENAFN

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