Bulgaria's Export Up 6.8% in 2013
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.
- » Bulgaria Says China Proposing to Invest USD 100 M in Car Wheel Plant in Ruse
- » China’s JAC Motors Looks into Opportunities to Start Making Electric Cars in Bulgaria
- » Yazaki to Invest BGN 45 M in Its 3rd Bulgarian Plant
- » Bulgarian Arms Maker VMZ Expects EUR 50 M in New Deals after Paris Trade Show
- » Bulgaria Proposes to Russia Joint Production of Ships, High-tech Items
- » Bulgaria’s Industrial Production Grows 2.5% Y/Y in April; Monthly Growth at Zero - Eurostat