Bulgaria’s exports in January-July 2019 up 4.2% on annual basis – NSI

Bulgaria’s exports in January-July 2019 up 4.2% on annual basis – NSI

The total value of all goods exported from Bulgaria in January to July 2019 was 4.2 per cent higher than in January to July 2018, the National Statistical Institute (NSI) said on September 12, citing provisional figures.

In the period January – July 2019 the total value of all the goods exported from Bulgaria amounted to 33 130.4 million leva.

In July 2019, alone the total exports of goods added up to 5 273.4 million leva and increased by 2.5 per cent compared to the corresponding month of the previous year.

The total value of all the goods imported into Bulgaria in the period January – July 2019 amounted to 36 100.6 million leva (at CIF prices), or 0.4 per cent more than the same period of 2018.

In July 2019, the total imports of goods decreased by 0.4 per cent compared to the same month of the previous year and added up to 5 576.9 million leva.

The total foreign trade balance (exports FOB – import CIF) was negative in the period January – July 2019 and amounted to 2 970.2 million leva.

In July 2019 the total foreign trade balance (exports FOB – import CIF) was negative and added up to 303.5 million leva.

In the period January – July 2019 the exports of goods from Bulgaria to third countries increased by three per cent in comparison with the same period of the previous year and added up to 10 510.3 million leva.

The main trade partners of Bulgaria were Turkey, China, Serbia, the Russian Federation, the United States and the Republic of North Macedonia which accounted for 50.3 per cent of the exports to non-EU countries.

In July 2019 the exports of goods from Bulgaria to third countries increased by 2.2 per cent compared to the corresponding month of the previous year and amounted to 1 682.9 million leva.

Imports of goods to Bulgaria from third countries in the period January – July 2019 decreased by 2.6 per cent in comparison with same period of 2018 and added up to 12 265.3 million leva (at CIF prices).

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

In July 2019 the imports of goods to Bulgaria from third countries decreased by 9.3 per cent compared to the corresponding month of the previous year and amounted to 1 843.6 million leva.

The foreign trade balance of Bulgaria (export FOB – import CIF) with third countries in the period January – July 2019 was negative and added up to 1 755.0 million leva.

In July 2019 the foreign trade balance of Bulgaria (export FOB – import CIF) with third countries was negative and amounted to 160.7 million leva, the NSI said./ibna