Record Year in Foreign Trade

Exports were 2.7 percent higher in 2016

MH – 2017.01.10. 15:56 –

The Hungarian foreign trade closed a record year in 2016 with 2.7 percent higher export ratio than it was in the previous year.

According to Minister of Foreign Affairs and Trade Peter Szijjarto, foreign trade plays an important part in Hungary's economy, and last year exports were 2.7 percent higher in the first eleven months of 2016 than in 2015 when the highest exports of all time were recorded. The surplus of foreign trade also broke a record in 2016 as up to the end of November, the surplus was EUR 1.5 billion higher than in 2015.