Bulgaria's Trade with Third Countries Shrinks 22% Y/Y in Jan

Bulgaria's Trade with Third Countries Shrinks 22% Y/Y in Jan

Bulgarian exports to third countries fell by 22% year-on-year to 1.1 billion levs in January, the National Statistical Institute (NSI) said.

The country posted a foreign trade deficit of 492 million levs (export FOB-import CIF) with third countries in January. At FOB/FOB prices (excluding transport and insurance costs on imports) the trade gap with third countries stood at 404 million levs in January.

Bulgaria's main trade partners were Turkey, China, the United Arab Emirates, Singapore, Russia and FYROM, accounting more than half of exports to non-EU countries. Most of its imports originated in Russia, Turkey, China and Egypt.

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