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Bulgaria's 4-mo trade gap narrows

Bulgaria's 4-mo trade gap narrows Cargotec/ All Rights Reserved

SOFIA (Bulgaria), June 11 (SeeNews) - Bulgaria's trade deficit decreased to 1.95 billion levs ($1.09 billion/994 million euro) in the first four months of 2019, from 2.6 billion levs in the like period a year earlier, the country’s statistical office, NSI, said on Tuesday.

Exports (FOB) increased 9.5% year-on-year in the period under review, reaching 18.6 billion levs, while imports (CIF) rose 4.6% to 20.6 billion levs, NSI said in a statement.

In April alone, Bulgaria's exports grew 6.1% on the year to 4.4 billion levs, while imports edged up 0.2% to 4.9 billion levs.

Details follow (in millions of levs):

  Jan-April 2019 Jan-April 2018 April 2019 April 2018
Exports (FOB) 18663.9 17040.0 4496.7 4236.2
Imports (CIF) 20608.9 19708.7 4978.0 4965.7
Balance -1945.0 -2668.7 -481.3 -729.5

source: NSI

(1 euro = 1.95583 levs)

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