Send to Kindle
Bulgaria’s trade deficit increased by over 16% on the year in the first half of 2014, official figures showed on Monday.
The country’s foreign trade balance (exports FOB - imports CIF) showed a gap of BGN 4.182 B in the period January – June 2014, up BGN 583.9 M from the corresponding period of 2013, the National Statistics Institute (NSI) said.
Half-year exports decreased by 3.4% to BGN 20.1 B, while imports fell by 0.5% to BGN 24.3 B.
In June 2014 alone total exports rose 7.1% compared to the corresponding month of 2013, reaching BGN 3.7 B, mainly thanks to increased exports to other EU member states. Total imports decreased by 2.3% to BGN 4.1 B.
Turkey, Singapore, China, Russia, Macedonia and Serbia accounted for 54.9% of Bulgaria’s exports to third countries in January-June.
Germany, Italy, Romania, Greece France and Belgium absorbed 72.4% of Bulgaria’s exports to EU member states in the January-May. The NSI said it would announce more detailed trade figures for January-June 2014 at the beginning of September.
First-half exports to Russia fell 6.3% to BGN 495.8 M, while imports declined by 26.5% to BGN 3.44 B.
Bulgaria’s exports to Ukraine where pro-Russian rebels have been fighting the Ukrainian government forces, shrank by 68% year-on-year to BGN 113.4 M in January-June, while Bulgarian imports from Ukraine increased 21.7% to BGN 605 M.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
Reports emerged last night of renewed Russian missile fire targeting the eastern Ukrainian city of Kharkiv, intensifying fears of escalating conflict in the region
In a recent interview with "Fakt", Polish President Andrzej Duda made a significant statement, expressing Poland's readiness to permit NATO allies to deploy nuclear weapons on its territory
Reports have emerged confirming the capture of Bohdanivka, a crucial village in eastern Ukraine, by Russian armed forces
The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
