According to the latest report of the Hungarian Central Statistical Office (KSH), in June 2016 Hungary’s foreign trade surplus reached EUR 1129 million, the highest amount ever. Experts believe that this marked growth stemmed from the 5 percent year-on-year increase of the volume of exports as well as from the modest increase in imports. The massive trade surplus has also boosted the current account surplus and reduced the country’s state debt, which factors are key determinants concerning Hungary’s debt ratings.

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(Ministry for National Economy)