ADVERTISEMENT

Hungary Food, Farm Exports Climb 26% in H1

Trade

Image by Shutterstock.com

Hungary's first-half exports of agriculture and food products rose 26% year-on-year to EUR 6.519 billion, state news wire MTI writes citing a report by the Institute of Agricultural Economics (AKI).

Food and farm product imports increased 34% to EUR 4.383 bln during the period.

AKI noted that export prices for the products climbed 27% in H1, while import prices increased just 9%. Hungary's terms of trade improved 16%.

Food and farm exports accounted for a little more than 9pc of Hungary's total exports in H1.

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

Hungary Welcomes Extension of China's Visa Exemption Policy Int’l Relations

Hungary Welcomes Extension of China's Visa Exemption Policy

Living's Kassák Terrace and Park West 3 Classified as Brownf... Residential

Living's Kassák Terrace and Park West 3 Classified as Brownf...

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.