Bulgaria’s export to non-EU countries grew by 44.1% in the first half of 2010 year-on-year, according to preliminary data of the National Statistical Institute.
Thus, in January-June 2010, Bulgaria exported outside the EU goods and services worth a total of BGN 5.4 B.
Over 50% of the Bulgarian non-EU exports went to Turkey, Serbia, Russia, Macedonia,Singapore, and the People’s Republic of China.
In the first six months of 2010, Bulgaria’s export to China grew by 219.5%, to Turkey – by 65.5%, to Serbia – by 53.6%, to Russia – by 48.9%, to Singapore – by 26.1%, to Macedonia – by 21%.
Peru (+1260%) and Brazil (+345%) are other destinations to which Bulgaria’s exportregistered substantial growth.
In June 2010, the Bulgarian export to non-EU countries grew by 49.1% year-on-year, reaching a total of BGN 1.1 B.
The preliminary data of the NSI shows that Bulgaria’s foreign trade gap is continuing to close slowly as the country’s imports from outside the EU increased by only 7.4% in the first half o 2010 year-on-year, and amounted to BGN 7.1 B.
Bulgaria’s import from Albania grew by 415%, from Israel – by 257%, from Peru – by 104%, from Macedonia – by 65%, from Serbia – by 64%.
Bulgaria’s imports from Norway (-78%), South Africa (-88%), Singapore (-43%), China (-10%), Brazil (-29%) and Kazakhstan (-33%) have registered substantial decreases.
In June 2010, Bulgaria’s imports from outside the EU increased by 26.5% year-on-year, reaching BGN 1.3 B.
In the first half of 2010, Bulgaria’s trade balance with non-EU countries was negative BGN 1.7 B, which is substantial improvement compared with the same period of 2009 when it amounted to negative BGN 2.8 B. In June 2010, the balance was negative BGN 229.5 M. Novinite
