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Bulgaria’s exports in January-November 2016 up 1.5% y/y – NSI

By   /   12/01/2017  /   Comments Off on Bulgaria’s exports in January-November 2016 up 1.5% y/y – NSI

Bulgaria’s exports in January to November 2016 were 1.5 per cent higher than in January-November 2015, while imports dropped by 1.8 per cent, the National Statistical Institute (NSI) said on January 12, citing preliminary figures.

In January – November 2016, the total value of all goods exported from Bulgaria to both EU and non-EU countries amounted to 42 128.9 million leva, while the total value of all imported goods added up to 46 398.6 million leva, the NSI said.

In November 2016, Bulgaria’s total exports added up to 4 230.3 million leva, about 14.6 per cent more than in November 2015.

In November 2016, total imports increased by 2.9 per cent compared to November 2015, adding up to 4 706.8 million leva.

Bulgaria’s total foreign trade balance (exports FOB – import CIF) was negative in January – November 2016 and amounted to 4 269.7 million leva.

At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January – November 2016 the total foreign trade balance was also negative and added up 2 039.5 million leva.

In November 2016, Bulgaria’s total foreign trade balance (exports FOB – import CIF) was negative and amounted to 476.5 million leva. The trade balance at FOB/FOB prices was also negative and added up 241.8 million leva.

In January – November 2016, Bulgarian exports to third countries decreased by 8.1 per cent compared to the same period of 2015 and amounted to 13 422.6 million leva while the imports dropped by 8.4 per cent and added up to 15 518.0 million leva.

In January – November 2016, Bulgarian exports to third countries decreased by 8.1 per cent in comparison with the same period of 2015 and amounted to 13 422.6 million leva. Among non-EU countries, Bulgaria’s main trading partners were Turkey, China, Serbia, the Republic of Macedonia, Russian Federation and the US, which accounted for 48.9 per cent of the exports to non EU countries.

In November 2016, Bulgarian exports to third countries increased by 18.4 per cent compared to the corresponding month of the previous year and added up to 1 449.6 million leva.

Bulgarian imports from third countries in the period January – November 2016 decreased by 8.4 per cent in comparison with the same period of 2015 and added up to 15 518.0 Million leva (at CIF prices). The largest amounts were reported for goods imported from the Russian Federation, Turkey, China and Ukraine, the NSI said./IBNA

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