External trade plays a key role within the Hungarian economy: the trade-to-GDP ratio is one of the highest within both the European Union and the OECD member states. This is one of the findings in a recently published comprehensive study by the Hungarian Central Statistical Office (KSH) which presents some major characteristics of Hungary’s external trade sector through the analysis of trade turnover observed last year. Last week, the KSH also published the latest respective data for the period January-May 2018 which indicate that favourable trends have continued.

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(Ministry of Finance)