February 12 (SeeNews) - Bulgaria's trade deficit increased to 7.7 billion levs ($4.4 billion/3.9 billion euro) in 2018 from 4.6 billion levs in 2017, as the growth in exports decelerated significantly compared to the year before, the country’s statistical office NSI said on Tuesday, quoting preliminary data.
Exports on a FOB basis rose by 1.2% year-on-year, reaching 55.3 billion levs last year, while imports calculated on a CIF basis grew by 6.3% to 62.9 billion levs, NSI said in a statement.
In December alone, Bulgaria's exports fell 2.4% to 4.2 billion levs, while imports declined 8.6% to 4.9 billion levs.
Details follow (in millions of levs):
|
2018 |
2017 |
Dec'18 |
Dec'17 |
Exports (FOB) |
55,275.7 |
54,598.5 |
4,154.7 |
4,258.8 |
Imports (CIF) |
62,945.5 |
59,233.4 |
4,881.1 |
5,337.9 |
Balance |
-7,669.8 |
-4,634.9 |
-726.4 |
-1,079.1 |
source: NSI
(1 euro = 1.95583 levs)