Hungary´s Foreign Trade Balance Positive

BusinessEconomy ♦ Published: February 8, 2013; 11:33 ♦ (Vindobona)

In 2012, exports as well as imports were down substantially. The surplus of trade balance amounted to EUR 192 million in December.

Hungary´s Foreign Trade Balance Positive / Picture: © Wikimedia Commons / NOAA [Public Domain]

In the twelfth month of the year, exports and imports in EUR terms decreased by 7.9% and 6.4%, respectively compared to the base month; thus - due to the significant change of foreign currency exchange rates – a two-digit decrease was measured in the HUF values in both directions.

On annual level, the euro value of…