Hungary's trade balance turned to a surplus in March from a deficit in the previous year, as exports rose much faster than imports, preliminary data from the Hungarian Central Statistical Office showed on Tuesday.
The trade balance logged a surplus of EUR 899 million in March versus a deficit of EUR 820 million in the corresponding month last year.
In February, there was a surplus of EUR 581 million.
Exports climbed 16.0 percent year-over-year in March, while imports grew at a slower pace of 2.1 percent.
The share of EU member states was 78 percent in exports and 69 percent in imports, the agency said.
On a monthly basis, both exports and imports increased by 11.0 percent and 8.5 percent, respectively.
