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Bulgaria's exports in January - September 2017 up by 12.% on annual basis - statistics institute

Bulgaria's exports in January - September 2017 up by 12.% on annual basis - statistics institute

In January to September 2017, Bulgaria exported goods to the value of 38.5 billion leva, an increase of 12.3 per cent compared with January to September 2016, the National Statistical Institute (NSI) said, citing preliminary figures.

In September 2017, Bulgaria's total exports - meaning, to both non-EU countries and to other EU countries - added up to 4 502.9 billion leva, growth of eight per cent compared with September 2016, the NSI said.

The total value of all the goods imported into Bulgaria in January - September 2017 amounted to 42 833.2 million leva (at CIF prices), or 15.8 per cent more than January - September 2016.

In September 2017, total imports into Bulgaria increased by 12.6 per cent compared to September 2016 and added up to 4707 billion leva.

The total foreign trade balance (exports FOB - import CIF) was negative in the period January - September 2017 and amounted to 4235 million leva.

At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January - September 2017 the total foreign trade balance was also negative and added up to 2 157.4 million leva.

In September 2017, the total foreign trade balance (exports FOB - import CIF) was negative and added up to 204.1 million leva. The trade balance at FOB/FOB prices was positive and amounted to 33.4 million leva.

In the period January - September 2017, Bulgarian exports to third (meaning, non-EU) countries increased by 15.0 per cent in comparison with the corresponding period of the previous year and amounted to 13 042.9 million leva.

The main trading partners of Bulgaria were Turkey, the Russian Federation, China, Serbia, the Republic of Macedonia and the United States which accounted for 52 per cent of exports to non-EU countries.

In September 2017, Bulgarian exports to third countries grew by 1.7 per cent compared to the corresponding month of the previous year and amounted to 1349.2 billion leva, the NSI said.

Bulgarian imports from third countries in the period January - September 2017 increased by 25 per cent in comparison with the corresponding period of the previous year and added up to 15 552.1 million leva (at CIF prices). The largest amounts were reported for goods imported from the Russian Federation, Turkey, China and Serbia.

In September 2017, Bulgarian imports from third countries grew by 12.6 per cent compared to the corresponding month of the previous year and amounted to 1 619.3 billion leva.

The foreign trade balance of Bulgaria (export FOB - import CIF) with third countries in the period January - September 2017 was negative and added up to 2 509.2 million leva.

The trade balance at FOB/FOB prices (after elimination of transport and insurance costs on imports) was also negative and amounted to 1 744.8 million leva.

In September 2017, the foreign trade balance of Bulgaria (export FOB - import CIF) with third countries was negative and amounted to 270.1 million leva, the NSI said.../IBNA

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