Bulgaria's Trade Deficit in January-February 2008 Up to 2,400 Mln Leva

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Bulgaria's Trade Deficit in January-February 2008 Up to 2,400 Mln Leva

Bulgaria's trade deficit in January-February 2008 reached 2,400 million leva at FOB prices.
Exports totalled 4,500 million, and imports 6,900 million leva, according to unfinalized data released by the National Statistical Institute on Monday.

Exports at FOB prices grew by 30.7 per cent, and imports at VIF prices by 25.1 per cent.

Exports to the EU grew by 24 per cent, and imports from the EU increased by 11.6 per cent. In value terms, exports to the EU amounted to 2,900 million leva, and imports from the EU totalled nearly 4,000 million leva. Exports to Russia reached 124.6 million leva and imports from that country added up to 876 million leva. Exports to Russia rose by 69.5 per cent and imports from it by 25.1 per cent.

Bulgaria's exports to the EU of fat, oil and wax of animal and plant origin went up more than sixfold during the period under review, of mineral fuel, mineral oil and other similar products, of soft and string drinks and of tobacco increased more than two times. Imports of fat, oil and wax of animal and plant origin from the EU grew by 76 per cent, of mineral fuel, mineral oil and оther similar products by nearly 60 per cent, and of food and living animals by 54.3 per cent.

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