Bulgaria's Q1 Wine Exports Rise 12.7% Y/Y

Bulgaria's Q1 Wine Exports Rise 12.7% Y/Y

Bulgarian wine exports rose by an annual 12.7% to 11.69 million litres in the first quarter of 2012, the country's agriculture ministry said.

Sales of Bulgarian wine on the domestic market amounted to 23.72 million litres in the January-March period, the ministry said in a statement providing no comparative figures.

In the first three months of the year Russia was the country's main foreign market for wine, with 4.47 million litres sold there, or 38.2% of the entire export volume.

Bulgarian wine exports to Poland, Romania, Germany, Cyprus and China, among others, increased through March, the statement added.

Bulgaria produced a total of 108 million litres of wine last year, from which it exported some 58.5 million litres, with Russia being the biggest foreign market.

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