Hungary's China business is expected to grow

Hungary's China business is expected to grow

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Hungary's exports to China are expected to increase after local companies received permission to transport frozen duck, goose and pork to the country.

The announcement is in line with Hungary's policy to establish stronger trade links with Asia, with food products a priority, senior external trade official Péter Szijjártó said.

The Chinese accreditation body granted six Hungarian companies permits to export frozen goods to China, where demand is increasing for high-quality food products.

Hungary's exports to China amounted to $1.98 bill. last year, up 9% from 2012, data by the central statistics office indicate. Hungary's food, tobacco and liquor exports totaled $8.78 bill. last year, up just 5% compared with the previous year.

A Hungarian delegation led by the prime minister recently visited China in a bid to strengthen trade links between the two countries.
Source: The Hungarian Government
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