Bulgaria's exports dropped 1.5 per cent y/y in January - September 2018

Bulgaria's exports dropped 1.5 per cent y/y in January - September 2018
Bulgaria's exports in January to September 2018 were 1.5% less than in January to September 2017, the National Statistical Institute (NSI) said on November 12, citing preliminary figures.

In the first nine months of 2018, the total value of all goods exported from Bulgaria added up to 39.7 billion leva, while in September alone, the value was 4.7 billion leva, about 1.2 per cent less than in September 2017, the NSI said.

Imports into Bulgaria in January to September 2018 added up 46.1 billion leva, about 7.5 per cent more than in January to September 2017.

In September 2018, total imports increased by 9.5 per cent compared to the same month of the previous year and added up to 5 162.7 million leva.

The total foreign trade balance (exports FOB - import CIF) was negative in the period January - September 2018 and amounted to 6 359.1 million leva.

In September 2018, the total foreign trade balance (exports FOB - import CIF) was negative and added up to 452.6 million leva.

The NSI also issued figures for Bulgaria's exports to non-EU countries.

In January to September 2018, exports from Bulgaria to non-EU countries dropped by 21.3 per cent compared with January to September 2017, adding up to 11.6 billion leva.

The main trading partners of Bulgaria were Turkey, China, Serbia, the United States, the Republic of Macedonia and the Russian Federation which accounted for 53.1 per cent of the exports to non-EU countries.

In September 2018 the exports of goods from Bulgaria to third countries decreased by 8.4 per cent compared to the corresponding month of the previous year and amounted to 1 481.7 million leva, the NSI said./IBNA

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