Articles by #hashtag


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Countries Where Hungarian Wines Are the Most Popular

Aug 26, 2023

Hungary is the 16th largest wine producer in the world, with 2.900 hectoliters produced in 2022. The Hungarian business news site Pénzcentrum investigated which countries are the biggest importers of Hungarian wine. According to the Hungarian Central Statistical Office (KSH), Hungary exported 136,492 tons of wine to other countries in 2022, a 25% increase compared […]

Hungary, an Important Wild Game Meat Exporter

Jul 18, 2023

Hungary is one of the largest exporters of game meat in Europe, according to a publication on the domestic market and consumption of game meat published by the Hungarian Chamber of Agriculture (NAK). Almost 90% of the 3,800 tons of the product processed in Hungary every year is exported abroad, mainly to Germany and Italy, […]

Hungarian Pigeon Meat to be Exported to the Far East

Jul 15, 2023

A high-tech slaughterhouse and processing plant is being built in Görbeháza, NE Hungary. It is crucial for the fulfilment of the agreement signed with Singapore in April and Japan in May this year for the export of large quantities of Hungarian pigeon meat. According to a statement from the Hungarian Ministry of Agriculture, this will […]

Growing Popularity of Hungarian Wines in Europe

Apr 8, 2023

Hungarian wines are extremely popular in Europe, with a significant proportion of them being sold in Slovakia, Germany and the Czech Republic. Hungarian bottled wines are also very popular in Belgium and Spain, but even China and the United States get plenty of Hungarian wines, the financial website writes. In cask form, the Slovak, […]

Less Corn Could Arrive in Hungary in 2023

Dec 31, 2022

As Ukraine expects to have a smaller harvest next year than this year, Hungary will probably be able to import less from its northeastern neighbor. Ukraine's corn harvest could fall by almost half, from 41.9 million tons in 2021 to 22-23 million tons in 2022. The Russian invasion prevented the harvesting of grain in some […]

Lidl Signs Cooperation Agreement with HEPA

Jun 22, 2022

Lidl Hungary and the Hungarian Export Promotion Agency (HEPA) have signed a cooperation agreement to boost the export of domestic agricultural and food products on the EU single market and in foreign trade with third countries, the parties told the state news agency MTI on Wednesday. According to the statement, Lidl's aim is to ensure […]

Government Modifies Grain Export Restrictions

Sándor Laczkó
Mar 13, 2022

The Hungarian government on Saturday amended its March 5 decree on the export of "strategically important" agricultural products, adding durum wheat and hulless sunflower seeds to the list of restricted crops and clarifying that cereals can still be freely exported as seeds, the Hungarian Gazette reports. The range of crops concerned has been extended to […]

Deteriorating External Trade Balance for Hungary

Dec 2, 2021

In September 2021, the volume of exports became 9.1% and that of imports 0.4% smaller compared to the same period of the previous year. Compared to September 2019, the volume of external trade increased by 0.7% in exports and by 4.7% in imports. The deficit was EUR 128 million, the balance deteriorating by EUR 1.3 billion compared to a year earlier.  […]

Falling Export and Import Figures

Jun 9, 2021

In EUR terms, the value of exports was 73% and that of imports 52% larger in April 2021 than the base in the same period of the previous year, which was low because of the epidemic and the related measures. The balance of external trade in goods improved by EUR 888 million, the Central Statistical […]

Worsening but Positive External Trade in Hungary

Feb 8, 2021

Surplus on external trade in goods amounted to EUR 310 million in December, exports decreased by 18% and imports by 14% compared to November. Latest figures by the Central Statistical Office suggest that in EUR terms, the value of exports was 12% and that of imports 9.2% higher in December 2020 than in the same period of […]

Decreasing Surplus in Hungary's Foreign Trade

Feb 1, 2021

Surplus on Hungary's external trade in goods amounted to EUR 836 million in November, exports grew by 0.4% and imports by 1.1% compared to October, the Central Statistical Office reported this Monday. In November 2020, the volume of exports increased by 12% and that of imports by 7.7% compared to the same period of the previous year. […]

Falling Surplus in External Trade in Services

Nov 30, 2020

In the third quarter of 2020, Hungarian service exports and imports – calculated in euros – decreased by 33% and 31%, respectively, compared to the same period of the previous year. According to figures published by the country's Central Statistical Office, t he surplus was EUR 1,653 million, which is EUR 908 million less than in the […]

Surplus on External Trade in Goods Up Year-on-Year

Nov 1, 2020

In August 2020, the volume of Hungarian exports increased by 1.5% and that of imports was unchanged compared to the same period of the previous year, the country's Central Statistical Office reports. The surplus was EUR 272 million, the balance improved by EUR 257 million compared to August 2019. According to calendar-adjusted data, the export volume grew by 4.4% and the […]

Increasing Exports at 77 Elektronika

Jul 20, 2020

Hungarian-owned 77 Elektronika Ltd. a company exporting self-developed medical diagnostic devices to more than 100 countries, increased its foreign market turnover by HUF 24.5 billion last year, the company told the Hungarian news agency MTI. According to public company data, the firm's net sales revenue was HUF 31.2 billion in 2019 after HUF 30.7 billion […]

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