Bulgarian Export Trade with EU Countries Flourishes in 2008

Finance | March 11, 2009, Wednesday // 17:03|  views

The latest statistics regarding exports of goods from Bulgaria for 2008 have been released by the National Statistical Institute. They show that roughly 60% of Bulgaria's exports head to other EU countries.

The statistics show that in 2008 Bulgaria exported a total of BGN 18 B to its EU partner countries out of a total export value of BGN 28 B. Compared to 2007 Bulgarian exports to other EU countries grew by 11,8% while imports also went up by 12,1%.

Bulgaria's main export partners in the EU were Germany, Italy and Greece, for these 3 countries received 46% of Bulgaria's total exports to the EU. They are also Bulgaria's main import partners, with 44% of imports into the country coming from them.

Bulgaria's trade deficit with the EU has reached BGN 10 B. Bulgaria's main EU export products include metals and other raw products (32%), clothes, furniture and shoes (23%) and machines (17%).


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Tags: export, NSI, EU, trade, products, 2008, import


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