Bulgaria reports increased exports to other EU countries, but trade balance still negative

Bulgaria’s exports to other European Union countries were 8.3 per cent higher in January to November 2015 than in January to November 2014, adding up to 26.9 billion leva (about 13.7 billion euro), the National Statistical Institute (NSI) said on February 8 2016, citing preliminary figures.

Among other EU countries, Bulgaria’s main trading partners in January – November 2015 were Germany, Italy, Romania, Greece, France and Belgium which accounted for 69.3 per cent of exports to other EU member states.

In November 2015, Bulgaria’s exports to the rest of the EU increased by 1.3 per cent compared to the corresponding month of the previous year and amounted to 2.474 billion leva, the NSI said.

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