Bulgaria's Export Up 6.8% in 2013

Business » INDUSTRY | February 10, 2014, Monday // 13:29
Bulgaria: Bulgaria's Export Up 6.8% in 2013 File photo

In 2013 the export of Bulgarian goods has risen by 6.8% and the imports by 1.3%.

The National Statistics Institute (NSI) data shows that the exports are increasing both to EU member states and non-EU countries, while the import is coming predominantly from the EU.

The value of exported goods in 2013 has reached BGN 43.4 B, while the import was worth BGN 50.5 B. The trade balance is still negative, but by BGN 2 B less than in 2012.

The NSI data shows that nearly half of Bulgaria's exports are for Turkey, China, Russia, Ukraine, Gibraltar and Serbia. The largest share of imports comes from Russia, Turkey, China and Ukraine.

The main EU trading partners of Bulgaria are Germany, Italy, Romania, Greece, France and Belgium who form 71.6% share of Bulgaria's export for the EU member states.

The main EU imports come from Germany, Italy, Romania, Greece and Spain.

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Tags: imports, Spain, Italy, Germany, NSI, EU, exports, greece, Russia

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