Bulgaria Non-EU Exports Up by 25% in 2011

Business | February 9, 2012, Thursday // 13:11|  views

Bulgaria's exports to non-EU member countries has risen with almost one quarter for 2011 in comparison with 2010, according to official data by Bulgaria's National Statistical Institute.

The total amount of exports for last year is over BGN 14.8 B, which is 24.4% more than the amount for 2010.

Bulgaria's main export trade partners have been Turkey, Russia, Serbia, Macedonia, China, Ukraine and USA, which comprised some 53% of exports.

Among the countries with the largest growth in exports are South Africa, Canada, Egypt and China.

At the same time, exports for Singapore, Syria, Peru and Vietnam have dropped.

The largest share of exports consist of chemicals, including mineral fuels and oils, as well as machinery and equipment.

Imports from non-EU countries have also grown in 2011, with 19.2% in comparison to 2010, amounting to some BGN 18.6 B.

Import from Kazkhstan, Israel, Singapore and South Africa has grown, while that from Peru, Iran and Vietnam has dropped.

The EU included, Bulgaria's exports for 2011 have grown by 29.2%.

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Tags: exports, export, imports, import, growth, National Statistical Institute, chemicals, machinery


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