Bulgarian Exports to EU, Third Countries Increased in Beginning of 2015

Bulgarian Exports to EU, Third Countries Increased in Beginning of 2015

According to preliminary data of the National Statistical Institute (NSI), Bulgarian exports to the EU increased by 12.2 % between January and February 2015 compared to the same period in 2014.
Bulgarian exports to the EU amounted to 4.5 billion levs, the country's main trading partners being Germany, Italy, Romania, Greece, Belgium and France, constituting 69.5 % of exports to the EU. In February, Bulgarian exports to the EU increased by 7.7 % compared to the same month in 2014, amounting to 2.2 billion levs. Bulgarian imports from the EU between January and February 2015 increased by 3.3 % compared to the same period in 2014, amounting to 5 billion levs.In February, Bulgarian imports from the EU increased by 6.5 % compared to the same month a year ago, amounting to 2.6 billion levs.
Bulgaria's trade balance with EU member states in the first two months of 2015 was negative 504.2 million levs. Bulgaria exported more unprocessed (raw)
materials, mineral fuels, oils and similar products to the EU, while there was drop in the exports of soft and alcohol drinks and tobacco.
As regards Bulgarian imports from the EU, the largest growth was registered in the sectors of soft and alcohol drinks and tobacco, while less mineral fuels, oils and similar products were imported. In the period between January and March 2015, Bulgarian exports to third countries increased by 14.3 % compared to the same period in 2014, amounting to 3.9 billion levs.
 
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