In the first half of 2008, the volume of exports and imports grew by 11-11 percent as compared to the same period of the previous year. The trade balance showed a surplus of HUF 116 billion (EUR 466 million) which meant an improvement of HUF 157 billion (EUR 631 million) compared to the deficit of HUF 41 billion (EUR 165 million) in January–June 2007.