Major Decline Hits Bulgaria's River, Sea Freight Traffic in Q4 2011

Bulgaria's maritime and river freight trade saw a staggering 33.7% year-on-year decline in the last quarter of 2011, according to data from the National Statistical Institute published Friday.

The decline is massive in both maritime and river freight traffic: the freight volume of Bulgaria's sea trade declined by 43.2% in Q4 2011, while the Danube River freight quantity went down by 21%.

At the same time, the number of passengers who used Bulgaria's Black Sea transport lines declined by 2.3% year-on-year, even though their total exact number was not released.

In the last quarter of 2011, the freight traffic of Bulgaria's truck and railway transport grew by 16.1% year-on-year in international routes, and by 24% in domestic routes.

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