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Bulgaria's exports in January - April 2017 up by 13% on annual basis - NSI

Bulgaria's exports in January - April 2017 up by 13% on annual basis - NSI
Exports from Bulgaria in January to April 2017 were 13 per cent higher than in January to April 2016, the National Statistical Institute (NSI) said on June 9.

The value of all goods exported from Bulgaria in the first four months of 2017 both to other European Union countries and from non-EU countries - third countries, as the latter are termed - added up to 16 072.4 million leva, the NSI said, citing preliminary data.

In April 2017, Bulgaria's total exports added up to 3 913.6 billion leva and grew by 7.6 per cent compared to April 2016, the NSI said.

The total value of all the goods imported into Bulgaria in January - April 2017 amounted to 18 627.4 million leva (at CIF prices), about 19.9 per cent more than January - April 2016.

In April 2017, total imports increased by 16.8 per cent compared to the same month of the previous year and added up to 4 690.7 billion leva.

The total foreign trade balance (exports FOB - import CIF) was negative in the period January - April 2017 and amounted to 2 555.0 million leva.

At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January - April 2017 the total foreign trade balance was also negative and added up to 1 637.3 million leva.

In April 2017 the total foreign trade balance (exports FOB - import CIF) was negative and added up to 777.1 million leva. The trade balance at FOB/FOB prices was also negative and amounted to 545.4 million leva.

In the period January - April 2017, Bulgarian exports to third countries increased by 22.1 per cent in comparison with the corresponding period of the previous year and amounted to 5 653.2 million leva.

Main trade partners of Bulgaria were Turkey, China, Egypt, Serbia, the Republic of Macedonia and the Russian Federation, which accounted for 51.9 per cent of the exports to non EU countries.

In April 2017 Bulgarian exports to third countries grew by 28.3 per cent compared to the corresponding month of the previous year and amounted to 1 409.6 billion leva.

Bulgarian imports from third countries in the period January - April 2017 increased by 38.5 per cent in comparison with the corresponding period of the previous year and added up to 6 870.5 Million leva (at CIF prices).

The largest amounts were reported for the goods imported from the Russian Federation, Turkey, China and Serbia. In April 2017 Bulgarian imports from third countries grew by 29 per cent compared to the corresponding month of the previous year and amounted to 1 706.8 billion leva.

The foreign trade balance of Bulgaria (export FOB - import CIF) with third countries in the period January - April 2017 was negative and added up to 1 217.3 million leva (Annex, Table 1). The trade balance at FOB/FOB prices (after elimination of transport and insurance costs on imports) was also negative and amounted to 872.9 million leva.

In April 2017 the foreign trade balance of Bulgaria (export FOB - import CIF) with third countries was negative and amounted to 297.2 million leva, the NSI said./ΙΒΝΑ

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