Bulgaria's total exports up, but big drop in exports to non-EU countries - NSI

Bulgaria's total exports up, but big drop in exports to non-EU countries - NSI

Bulgaria's total exports in January to March 2018 were 2.4 per cent higher than in January to March 2017, but exports to non-EU countries dropped by more than 17 per cent, the National Statistical Institute (NSI) said on May 11, citing preliminary figures.

In the period January - March 2018 the value of all the goods exported from Bulgaria amounted to 12 464.7 million leva.

In March 2018, total exports added up to 4 443.6 million leva and increased by 1.6 per cent compared to the corresponding month of the previous year.

The total value of all the goods imported into the country in the period January - March 2018 amounted to 14 756.3 million leva (at CIF prices), 5.7 per cent more than the same period of 2017.

In March 2018, total imports decreased by 3.4 per cent compared to the same month of the previous year and added up to 5 127.9 million leva.

The total foreign trade balance (exports FOB - import CIF) was negative in the period January - March 2018 and amounted to 2 291.6 million leva.

At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January - March 2018 the total foreign trade balance was also negative and added up to 1 377.4 million leva.

In March 2018 the total foreign trade balance (exports FOB - import CIF) was negative and added up to 684.3 million leva. The trade balance at FOB/FOB prices was also negative and amounted to 400.5 million leva.

In the period January - March 2018, Bulgarian exports to third countries decreased by 17.4 per cent in comparison with the same period of 2017 and added up to 3 504.9 million leva.

The main trading partners of Bulgaria were Turkey, China, Serbia, fYROMacedonia, the United States and the Russian Federation, which accounted for 55 per cent of exports to non-EU countries.

In March 2018, Bulgarian exports to third countries decreased by 10.4 per cent compared to the corresponding month of the previous year and amounted to 1 264 million leva.

Bulgarian imports from third countries in the period January - March 2018 decreased by four per cent in comparison with the same period of 2017 and added up to 4 955.2 Million leva (at CIF prices). The largest amounts were reported for goods imported from the Russian Federation, Turkey, China and Serbia.

In March 2018, Bulgarian imports from third countries decreased by 25.6 per cent compared to the corresponding month of the previous year and amounted to 1 471.9 million leva.

The foreign trade balance of Bulgaria (export FOB - import CIF) with third countries in the period January - March 2018 was negative and added up to 1 450.3 million leva.

The trade balance at FOB/FOB prices (after elimination of transport and insurance costs on imports) was also negative and amounted to 1 091.6 million leva. In March 2018, the foreign trade balance of Bulgaria (export FOB - import CIF) with third countries was negative and amounted to 207.9 million leva, the NSI said.... / IBNA

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