Bulgaria’s exports in January – August 2019 up 3.8% on annual basis

Bulgaria’s exports in January – August 2019 up 3.8% on annual basis

Exports from Bulgaria in January to August 2019 were 3.8 per cent higher than in January to August 2018, the National Statistical Institute (NSI) said on October 10, citing preliminary data.

The total value of all goods exported from Bulgaria in January to August 2019 was 37 900.9 million leva, the NSI said.

In August 2019 alone, Bulgaria’s total export of goods added up to 4761 million leva, about 1.1 per cent higher than in August 2018.

Imports into Bulgaria in January to August 2019 added up to 40 779.6 million leva, at CIF prices, about 0.4 per cent less than in January to August 2018.

In August 2019 the total imports of goods decreased by 6.2 per cent compared to the same month of the previous year and added up to 4 671.6 million leva.

The total foreign trade balance (exports FOB – import CIF) was negative in the period January – August 2019 and amounted to 2 878.7 million leva.

In August 2019 the total foreign trade balance (exports FOB – import CIF) was positive and added up to 89.4 million leva.

In the period January – August 2019, exports of goods from Bulgaria to third countries increased by 4.3 per cent in comparison with the same period of the previous year and added up to 12 118.0 million leva. The main trade partners of Bulgaria were Turkey, China, Serbia, the United States, Russia and the Republic of North Macedonia which accounted for 49.7 per cent of the exports to non EU countries, the NSI said.

In August 2019 the exports of goods from Bulgaria to third countries increased by 13.4 per cent compared to the corresponding month of the previous year and amounted to 1 607.7 million leva./ibna