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Bulgarian exports in January and February 2017 up by 12.7% year-on-year - NSI

Bulgarian exports in January and February 2017 up by 12.7% year-on-year - NSI
Bulgaria's exports in January and February 2017 added up to more than 7.7 billion leva, an increase of 12.7 per cent over the sum of exports in the first two months of 2016, the National Statistical Institute said on April 10, citing preliminary data.

In February 2017, Bulgaria's total exports added up to 4049.3 billion leva, an increase of 16.3 per cent compared to February 2016, the NSI said.

The total value of all the goods imported into Bulgaria in the period January - February 2017 amounted to 8 644.5 million leva (at CIF prices), about 18.5 per cent more than in January - February 2016.

In February 2017, Bulgaria's total imports increased by 15.8 per cent compared to the same month of the previous year and added up to 4 428.5 billion leva.

The total foreign trade balance (exports FOB - import CIF) was negative in the period January - February 2017 and amounted to 857.1 million leva.

At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January - February 2017 the total foreign trade balance was also negative and added up to 423.3 million leva.

In February 2017 the total foreign trade balance (exports FOB - import CIF) was negative and added up to 379.2 million leva. The trade balance at FOB/FOB prices was also negative and amounted to 157.4 million leva.

In the period January - February 2017, Bulgarian exports to third countries - meaning, those not members of the EU increased by 20 per cent in comparison with the corresponding period of the previous year and amounted to 2 832.3 million leva.

Among non-EU countries, the main trading partners of Bulgaria were Turkey, Egypt, China, Serbia, Macedonia and Russia, which accounted for 56 per cent of the exports to non-EU countries.

In February 2017, Bulgarian exports to third countries increased by 27.2 per cent compared to the corresponding month of the previous year and amounted to 1 520.2 billion leva, the NSI said./IBNA

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