Hungary: Foreign Trade Goes Down

BusinessEconomy ♦ Published: February 1, 2013; 12:02 ♦ (Vindobona)

In November, export and import volumes decreased by 4.3% and 4.6%, respectively, compared to the same month of the previous year.

Hungary: Foreign Trade Goes Down / Picture: © Vindobona.org

In the eleventh month of the year, the largest decline was measured in the group of machinery and transport equipment because of the high base level.

In the first eleven months of 2012, export and import volumes were 1.5% and 0.4% higher, respectively, than in the corresponding period of the previous year. The value of exports in January– November 2012 amounted to HUF 21,635…