In the period January – July 2013 Bulgarian exports to the EU have been increased by 6.6% compared to the corresponding period of the previous year and have amounted to 14.7 Billion BGN. Main trade partners of Bulgaria were Germany, Italy, Romania, Greece and France which accounted for 68.8% of the exports to the EU Member States.
In July 2013 exports to the EU have been increased by 7.9% compared to the corresponding month of the previous year and have amounted to 2.4 Billion BGN.
Bulgarian imports from the EU in the period January – July 2013 have grown by 1.0% compared to the corresponding period of the previous year and added up to 17.3 Billion BGN at CIF prices. The largest amounts were reported for the goods imported from Germany, Italy, Romania, Greece and Spain.
In July 2013 the Bulgarian imports from the EU Member States have been increased by 6.8% compared to the corresponding month of the previous year and have amounted to 2.8 Billion BGN at CIF prices.
The foreign trade balance of Bulgaria (export FOB – import CIF) with EU in the period January – July 2013 was negative and has added up to 2 573.1 Million BGN. At FOB/FOB prices (after elimination of transport and insurance costs on imports) the trade balance was also negative and has amounted to 1 780.4 Million BGN.
In the first seven months of 2013 compared to the corresponding period of the previous year the largest growths in the exports of Bulgaria to EU distributed according to the Standard International Trade Classification were recorded in the sections “Beverages and tobacco” (28.5%) and “Chemical and related products n.e.c.” (24.0%). The most notable fall (15.6%) was recorded in section “Mineral fuels, lubricants and related materials”.
In imports from EU the largest increase (11.4%) was reported in section “Animals and vegetable oils, fats and waxes” while the most notable fall (4.7%) was observed in section “Machinery and transport equipment”.
Source: National Statistical Institute