Bulgarian exports to EU up but trade balance still negative

Bulgarian exports to other European Union countries were 12.3 per cent higher in January to April 2015 than in January to April 2014, the National Statistical Institute (NSI) said on July 9.

In the first four months of 2015, Bulgarian exports to other EU countries added up to 9.3 billion leva (about 4.75 billion euro), the NSI said, citing preliminary figures.

The main trading partners of Bulgaria were Germany, Italy, Romania, Greece, Belgium and France which accounted for 69.8 per cent of the country’s exports to other EU member states.

In April 2015, exports to the EU increased by 13.2 per cent compared to the corresponding month of the previous year and amounted to 2.4 billion leva.

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