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HUNGARY POSTS MARCH TRADE SURPLUS OF EUR 1.570 BN

 

Hungary posted a trade surplus in March of 1.570 billion euros, lower than 1.691 billion in February, the Central Statistical Office (KSH) said in a second reading of the data. Exports fell by an annual 14% to 12.290 billion euros, while imports dropped by 19.3% to 10.720 billion. Trade with other European Union member states accounted for 77% of Hungary’s exports and 72% of its imports during the month. In the January-March period, Hungary had a trade surplus of 3.843 billion euros. Exports fell by 7.7% to 36.475 billion and imports declined by 15% to 32.632 billion.