Tag: foreign_trade

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Hungary's exports, foreign trade balance down in June

August 8, 2019, 10:47 am
Surplus on external trade in goods was EUR 556 million in June, the Central Statistical Office (KSH) said on Thursday. Although the figure seems impressive at first glance, June is traditionally the strongest... 

Is this the first sign of Hungary's decelerating economic growth?

July 9, 2019, 9:01 am
Hungary recorded a 678 million euro surplus on its external trade of goods in May 2019, which is a lot higher than the base period’s EUR 492 surplus. This puts an end to the deteriorating trend of... 

Hungary is booming while Germany is under pressure - Why?

June 29, 2019, 6:00 am
One of the most exciting economic phenomena of the last few quarters was that while Germany’s growth momentum has been fading, the Hungarian economy has been growing dynamically as if it could not... 

Hungary to build port and logistics base in Italy

June 21, 2019, 2:18 pm
Hungary is building a port and a logistics base in Trieste, Italy so that Hungarian companies exporting overseas can ship their produce rapidly and without obstacles, Minister of Foreign Affairs and Trade... 

Hungary April exports up 3.6% y/y

June 7, 2019, 9:12 am
Hungary’s exports in euro terms grew by 3.6% year on year, while imports increased by 7% in April 2019, the Central Statistical Office (KSH) said on Friday. The surplus on external trade in goods... 

Japanes companies mull investing hundreds of billions of forints in Hungary

May 14, 2019, 3:15 pm
An administrative state secretary of Hungary’s Ministry of Foreign Affairs and Trade has held talks with Japanese companies that plan investments worth several hundred billion forints combined. ... 

Hungary records large foreign trade surplus again

May 9, 2019, 10:03 am
Hungary’s exports in euro terms grew by 4.9% year on year, while imports increased by 5.6% in March 2019, the Central Statistical Office (KSH) reported its preliminary figures on Thursday. The surplus... 

Hungarian-Chinese consortium wins mammoth Budapest-Belgrade railroad project

April 25, 2019, 4:22 pm
The tender invited for the renewal of the Budapest-Belgrade railroad has been successfully closed, the winner, a Chinese-Hungarian consortium, has been announced, and the offered price is acceptable, Hungary’s... 

Hungary opens USD 620 mn credit line to help local companies in Mexico

April 10, 2019, 3:06 pm
Hungary’s Eximbank signed an agreement with Latin American development bank Bancomext of Mexico on supporting Hungarian corporate investments in Mexico, the Ministry of Foreign Affairs and Trade... 

Chinese goods reach Hungary in record time

April 10, 2019, 1:50 pm
Regular container transports have started on railroad between China’s Xi’an, the capital of Shaanxi Province with a population of 13 million people, and Budapest, the capital city of Hungary.... 

Hungary's exports grow fast, trade balance deterioration stops

April 8, 2019, 9:00 am
Hungary’s exports increased by 6.9% year on year and imports grew by 7.0% in euro terms in February, the Central Statistical Office (KSH) reported on Monday. The latest figures show that the trade... 

Hungary's foreign trade surplus keeps on shrinking

March 11, 2019, 10:12 am
Hungary posted 382 million euro foreign trade surplus in January, which is the lowest figure of the last six years, and it indicates that the country’s external balance continued to deteriorate.... 

Hungary foreign trade balance worsens greatly

March 4, 2019, 11:00 am
Hungary posted a foreign trade surplus of 393 million euros in December 2018, which is the lowest print of the last four years. The annual surplus came in at EUR 5.6 bn last year, which is a surprise in... 

Hungary's foreign trade surplus erodes further

February 8, 2019, 9:39 am
Hungary’s exports increased by 2.7% in euro terms and imports grew by 5.4% year on year in December 2018, the Central Statistical Office (KSH) reported on Friday. The country’s foreign trade... 

Hungary foreign trade balance deteriorates further

January 9, 2019, 12:43 pm
Hungary posted nearly half a billion euros worth of foreign trade surplus in November 2018, according to preliminary data published by the Central Statistical Office (KSH) on Wednesday. The hefty surplus... 

Hungary's exports increase markedly in October

December 7, 2018, 9:25 am
Hungary’s exports rose by 6.5% year on year in October in euro terms, while imports increased by 9.7% over the base period, the Central Statistical Office (KSH) reported on Friday. The country’s... 

Hungary foreign trade surplus plummets

November 5, 2018, 9:05 am
Hungary recorded a foreign trade surplus of 31 million euros in August 2018, versus an estimated EUR 51 mn. This means that the country’s foreign trade surplus has practically melted away by the... 

Deterioration of Hungary's foreign trade balance stops

October 2, 2018, 9:28 am
After a massive surplus in June 2018, Hungary’s foreign trade balance showed a smaller 362 million euro surplus in July. This surplus, though, is still larger than in the base period, so the ebbing... 

Hungary's exports jump unexpectedly in June

August 9, 2018, 9:33 am
Hungary's foreign trade surplus amounted to EUR 1,070 million in June, with exports at a historic high and trade in both directions growing dynamically, figures released by the the Central Statistical... 

Is it labour shortage of the trade war? Hungary's exports waiver

July 10, 2018, 4:52 pm
Hungary posted a trade surplus of 577 million euros in May 2018, the Central Statistical Office (KSH) reported on Tuesday. The figure may seem high at first glimpse but what’s actually behind it... 
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