Bulgaria’s exports in January-April 2019 up 9.5% on annual basis

Bulgaria’s exports in January-April 2019 up 9.5% on annual basis

The total value of all goods exported from Bulgaria in January to April 2019 was 9.5 per cent higher than in January to April 2018, the National Statistical Institute (NSI) said on June 11, citing preliminary figures.

In the period January – April 2019 the total value of all the goods exported from Bulgaria amounted to 18 663.9 million leva, the NSI said.

In April 2019, the total exports of goods from Bulgaria added up to 4 496.7 million leva, an increase of 6.1 per cent compared with April 2018.

The total value of all the goods imported into Bulgaria in January – April 2019 was 20 608.9 million leva (at CIF prices), 4.6 per cent more than January – April 2018.

In April 2019, the total imports of goods increased by 0.2 per cent compared with April 2018 and added up to 4 978 million leva.

The total foreign trade balance (exports FOB – import CIF) was negative in the period January – April 2019 and amounted to 1 945 million leva.

At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January – April 2019 the total foreign trade balance was also negative and added up to 542 million leva.

In April 2019 the total foreign trade balance (exports FOB – import CIF) was negative and added up to 481.3 million leva. The trade balance at FOB/FOB prices was also negative and amounted to 186.3 million leva.

In the period January – April 2019, the exports of goods from Bulgaria to third countries increased by 14.7 per cent in comparison with the same period of the previous year and added up to 5 920.1 million leva.

The main trade partners of Bulgaria were Turkey, China, Serbia, the United States, the Russian Federation and the Republic of North Macedonia which accounted for 51.9 per cent of the exports to non-EU countries.

In April 2019, exports of goods from Bulgaria to third countries increased by 1.7 per cent compared to the corresponding month of the previous year and amounted to 1 360 million leva.

Imports of goods to Bulgaria from third countries in the period January – April 2019 increased by 9.1 per cent in comparison with same period of 2018 and added up to 7 316.3 million leva (at CIF prices).

The largest amounts were reported for the goods imported from the Russian Federation, Turkey, China and Egypt.

In April 2019, imports of goods to Bulgaria from third countries decreased by 14.4 per cent compared to the corresponding month of the previous year and amounted to 1 503.2 million leva.

The foreign trade balance of Bulgaria (export FOB – import CIF) with third countries in the period January – April 2019 was negative and added up to 1 396.2 million leva. The trade balance at FOB/FOB prices (after elimination of transport and insurance costs on imports) was also negative and amounted to 762.4 million leva. In April 2019 the foreign trade balance of Bulgaria (export FOB – import CIF) with third countries was negative and amounted to 143.2 million leva, the NSI said./ibna