Bulgaria increased exports to non-EU countries in January-February 2016

Written by on April 11, 2016 in Business - Comments Off on Bulgaria increased exports to non-EU countries in January-February 2016

Bulgaria’s exports to third countries – meaning those that are not members of the European Union – were 0.3 per cent higher in January – February 2016 than in the first two months of 2015, adding up to 2.36 billion leva, the National Statistical Institute (NSI) said on April 11, citing preliminary figures.

Among non-EU countries, Bulgaria’s main trading partners were Turkey, China, FYROM, Serbia, the United States and Russia, which accounted for 49.5 per cent of exports to third countries, the NSI said.

However, in February 2016 Bulgarian exports to third countries decreased by 4.9 per cent compared to the corresponding month of the previous year and amounted to 1.195 billion leva.

In the period January – February 2016 the value of all exported goods from Bulgaria amounted to 6.9 billion leva and in comparison with the corresponding period of 2015, exports were up by 1.4 per cent. In February 2016, Bulgaria’s total exports added up to 3.483 billion leva or 1.7 per cent more than in February 2015.

The total value of all the goods imported into Bulgaria in January – February 2016 was 7.3 billion leva (at CIF prices), or 7.7 per cent less than January – February 2015.

Bulgarian imports from third countries in January – February 2016 decreased by 17.7 per cent in comparison with the same period of 2015 and added up to 2.427 billion leva (at CIF prices). The largest amounts were reported for goods imported from the Russian Federation, Turkey, China and Ukraine. In February 2016, Bulgarian imports from third countries decreased by 17.7 per cent compared to the corresponding month of the previous year and amounted to 1.223 billion leva.

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(Photo: Sam LeVan/freeimages.com)

 

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