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Bulgaria's Jan-Nov trade gap widens

Jan 11, 2019, 2:29:18 PMArticle by Branimir Kondov
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January 11 (SeeNews) - Bulgaria's trade deficit increased to 6.9 billion levs ($4.09 billion/3.54 billion euro) in the eleven months through November, from 3.5 billion levs in the same period of 2017, the country’s statistical office NSI said on Friday, quoting preliminary data.

Bulgaria's Jan-Nov trade gap widens
s_oleg/Shutterstock.com

Exports FOB rose by 1.5% year-on-year, reaching 51.1 billion levs in the January-November period, while imports CIF grew by 7.7% to 58.1 billion levs, NSI said in a statement.

In November alone, Bulgaria's exports increased 2.2% to 5.0 billion levs, while imports grew 3.6% to 5.7 billion levs.

Details follow (in millions of levs):

Jan-Nov'18 Jan-Nov'17 Nov'18 Nov'17
Exports (FOB) 51,118.7 50,339.7 5,062.0 4,953.1
Imports (CIF) 58,059.2 53,895.5 5,686.1 5489.6
Balance -6,940.5 -3,555.8 -624.1 -536.5

Source: NSI

(1 euro = 1.95583 levs)

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