Plummeting Exports, Soaring Imports: Foreign Trade Balance Deteriorates Dramatically

At the end of autumn, the foreign trade deficit stood at around EUR 121 million. The volume of exports to European Union Member States fell by 8.4%, while imports from those countries stagnated. Hungary’s foreign trade balance deteriorated significantly in November this year: the deficit amounted to EUR 121 million, which is EUR 765 million […] The post Plummeting Exports, Soaring Imports: Foreign Trade Balance Deteriorates Dramatically appeared first on Hungary Today .