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Hungary: Foreign Trade Falls Substantially

Published: March 4, 2013; 10:30 · (Vindobona)

External trade showed a surplus of nearly EUR 7 billion in 2012.

Hungary: Foreign Trade Falls Substantially / Picture: © Wikimedia Commons / Keith Skipper [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)]

In December exports and imports decreased by 9.9% and 7.4%, respectively, and the surplus on the trade balance decreased to EUR 143 million compared to the same month of 2011. In the year of 2012, the volume of external trade was on about the same level as in 2011. The export volume of telecommunications and sound recording and reproducing apparatus and equipment decreased by one fifth,…

This article includes a total of 757 words.

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