Bulgaria slightly improves export figures but trade deficit remains

Written by on November 11, 2013 in Business - No comments

Bulgaria’s exports to European Union and non-EU countries in the January-September 2013 period increased slightly on an annual basis but trade deficits with both sets of countries remained in place.

This emerges from figures released on November 11 2013 by the National Statistical Institute

In the period January – September 2013, Bulgarian exports to third countries increased by 5.6 per cent compared to the corresponding period of the previous year and amounted to 12.9 billion leva, while imports decreased by 0.9 per cent and added up to 15.3 billion leva.

In the period January – September 2013, the total value of all exported goods (both for third countries and the EU) amounted to 32.5 billion leva. Compared to the corresponding period of 2012, exports increased by 7.8 per cent while the total value of all imported goods added up to 37.5 billion leva, meaning an increase of 1.1 per cent.

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(Photo: Darren Deans)

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