Bulgaria reports negative foreign trade balance for January – September 2016

Written by on November 9, 2016 in Business - Comments Off on Bulgaria reports negative foreign trade balance for January – September 2016
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Bulgaria had a negative foreign trade balance from January to September 2016, the National Statistical Institute (NSI) said on November 9, citing preliminary figures.

Reporting on trade both with non-EU and other EU countries, the NSI said that in January to September 2016, the value of all exported goods from Bulgaria amounted to 33 740.1 million leva, and in comparison with the corresponding period of 2015, exports decreased by 0.5 per cent.

In September 2016, Bulgaria’s total exports added up to 4 045.8 million leva, 11.6 per cent more than in September 2015.

The total value of all the goods imported into Bulgaria in January – September 2016 amounted to 36 807.7 million leva (at CIF prices), or 3.3 per cent less than the corresponding period of 2015.

In September 2016, total imports increased by 1.6 per cent compared to September 2015, and added up to 4 165.6 million leva, the NSI said.

The total foreign trade balance (exports FOB – import CIF) was negative in the period January – September 2016 and amounted to 3 067.6 million leva.

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(Photo: Sam LeVan/freeimages.com)

/Business

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