BULGARIAN ECONOMY

Bulgaria's exports to EU go up in January-February


Exports of Bulgaria to other EU member-states increased by 2% in the first two months of 2016 compared to January and February of last year, statistics show.

Bulgaria exported to the EU BGN 4.5529 B in goods in the period of January-February this year, according to data published by the National Statistical Institute (NSI).

Exports marked a stronger growth of 5.7% year-on-year in February, the NSI says.

Germany remains by far Bulgaria's top trade partner despite a drop in imports which, however, had improved trade balance from a negative BGN 150.2 M to a negative BGN 53.6 for the respective period.

Next were Italy, Greece, France and the UK, which, together with Germany, accounted for 68.3% of Bulgaria's exports to EU member states.

 

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