Bulgarian exports to EU rose 6.8% y/y in January – November 2016, but trade balance negative

Bulgaria’s exports to other European Union countries in January to November 2016 were 6.8 per cent higher than in January – November 2015, the National Statistical Institute (NSI) said on February 8, citing preliminary data.

Exports from Bulgaria to other EU member states in January – November 2016 added up to 28 707.3 million leva, the NSI said.

The country’s main trading partners elsewhere in the EU were Germany, Italy, Romania, Greece and France, which accounted for 64 per cent of exports to the EU.

In November 2016, Bulgaria’s exports to the EU increased by 12.8 per cent compared to November 2015 and added up to 2 781.7 million leva.

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