In the period January - November 2011 the Bulgarian exports to the EU increased by 33.3% compared to the corresponding period of the previous year and amounted to BGN 22.6 billion, the National Statistical Institute (NSI) said on 8 February 2012.
In November 2011 the exports to the EU increased by 29.1% compared to the corresponding month of the previous year and exceeded BGN 2.2 billion.
Bulgarian imports from the EU in the period January - November 2011 increased by 20.7% compared to the corresponding period of the previous year and amounted to BGN 24.1 billion at CIF prices. The most significant growths were reported on the imports from Cyprus and Spain. Decreases were observed in the imports from Malta, Finland, Portugal and Denmark.
In November 2011 the Bulgarian imports from the EU Member States increased by 13.9% compared to the corresponding month of the previous year and exceeded BGN 2.6 billion at CIF prices.
The foreign trade balance of Bulgaria (export FOB - import CIF) with EU in the period January - November 2011 was negative and amounted to BGN 1 440.1 million. At FOB/FOB prices (after elimination of transport and insurance costs on imports) the trade balance was also negative and reached BGN 329.2 million.
The exports of Bulgaria to the EU distributed according to the Standard International Trade Classification, increased in all sections in the first eleven months of 2011 compared to the corresponding period of the previous year. The largest growths were recorded in the sections “Crude materials, inedible (except fuels)”, “Chemical and related products”, and „Animal and vegetable oils, fats and waxes”.
The largest growths on imports from EU were reported in sections "Crude materials, inedible (except fuels)” and „Animal and vegetable oils, fats and waxes”. Falls were reported in section “Mineral fuels, lubricant and related materials”.
For more detailed information www.nsi.bg/EPDOCS/FTS_Intrastat_2011-11_en.pdf