Hungary’s trade surplus dropped €58 million to €952 million in March compared with the same period a year earlier, the statistical office KSH announced in its preliminary report.
Export volume decreased by 3.5% to €8 billion and imports by 3.2% to €7.1 billion.,
The export of machinery and transport equipment fell 2.7% and 2% in imports, KSH said. Vehicle exports were down 10% and import volume stagnated.
The export and import volumes of manufactured goods were up by 2% and 5%, respectively. The export volume of food, beverages and tobacco decreased by 4.9% and the import volume increased by 3%, KSH said.
The trade surplus narrowed to €2.46 billion in the first quarter, compared with €2.58 billion a year earlier.
