NSI: Bulgarian Exports to Third Countries Fall 22.9% YoY in January-August 2018

Business | October 11, 2018, Thursday // 08:03| Views: | Comments: 0
Bulgaria: NSI: Bulgarian Exports to Third Countries Fall 22.9% YoY in January-August 2018

Sofia. In January-August 2018, Bulgaria’s exports to third countries dropped 22.9% year-on-year to BGN 10.17 billion, the National Statistical Institute (NSI) said. The main trade partners, representing 52.7% of Bulgarian exports to non-EU countries, were Turkey, China, Serbia, the US, Macedonia and Russia. The largest decrease was registered in mineral fuel, lubricants and related products (57.3%) and beverages and tobacco (42.2%), reports Focus News Agency. 

In the same period, the imports from third countries rose 4.6% to BGN 14.62 billion at CIF prices.
Alone in August, Bulgaria’s exports to third countries fell 21% year-on-year to BGN 1.31 billion, while the imports increased 10.9% to BGN 2 billion.

In January-August 2018, Bulgaria’s exports to third countries and the EU totalled BGN 35.08 billion, 1.5% less than a year earlier, while its imports rose 7.2% to BGN 40.99 billion (at CIF prices). In August, the total foreign trade balance (exports FOB - imports CIF) was negative at BGN 360 million.

Business » Be a reporter: Write and send your article
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria