BULGARIAN TRADE WITH EU IN JANUARY 2017 (PRELIMINARY DATA)

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1 BULGARIAN TRADE WITH EU IN JANUARY 2017 (PRELIMINARY DATA) In January 2017 Bulgarian exports to the EU increased by 7.2% month of 2016 and amounted to Million BGN (Annex, Table 1 and 2). Main trade partners of Bulgaria were Germany, Italy, Romania, Greece, France and Netherlands which accounted for 68.9% of the exports to the EU Member States (Annex, Table 3). Figure 1. Nominal value 1 change of exports of Bulgaria to EU in the period (Compared month of the year) % In January 2017 to the corresponding month of the year the largest growths in the exports of Bulgaria to the EU distributed according to the Standard International Trade Classification (Annex, Table 4) were recorded in the sections Animals and vegetable oils, fats and waxes (48.6%) and Mineral fuel, lubricants and related materials (44.6%). The most notable fall was recorded in section Beverages and tobacco (10.7%). 1 Value changes at current prices. 1

2 Bulgarian imports from the EU in January 2017 increased by 16.5% month of 2016 and added up to Million BGN at CIF prices (Annex, Tables 1 and 2). The largest amounts were reported for the goods imported from Germany, Romania, Italy, Spain and Greece (Annex, Table 3). Figure 2. Nominal value 1 change of imports of Bulgaria from EU in the period (Compared month of the year) % In January 2017 to the corresponding month of the year the largest growth in imports from the EU distributed according to the Standard International Trade Classification was reported in the section Mineral fuel, lubricants and related materials (121.2%) while fall was observed only in the section Animals and vegetable oils, fats and waxes (15.1%). The foreign trade balance of Bulgaria (export FOB - import CIF) with the EU in January 2017 was negative and added up to Million BGN (Annex, Table 1). At FOB/FOB prices (after elimination of transport and insurance costs on imports) the trade balance was also negative and amounted to 82.7 Million BGN. 1 Value changes at current prices. 2

3 Annex Table 1 Exports, imports and trade balance of Bulgaria in January and by months (Million BGN) Imports - FOB 2 Months/Periods FOB/FOB 2 Total EU Non EU Total EU Non EU Total EU Non EU Total EU Non EU Total EU Non EU I I Data are preliminary as of 10-th April By data of BNB for the transport costs. Table 2 Value changes of exports and imports of Bulgaria in January month of the year (Per cent) Imports - FOB Months/Periods Total EU Non EU Total EU Non EU Total EU Non EU I Data are preliminary as of 10-th April

4 Table 3 Exports, imports and trade balance by groups of countries and main partner countries 1 of Bulgaria in January and Countries and groups of countries Million BGN the Million BGN the Million BGN Total EU Austria Belgium Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden United Kingdom Not specified Partner country: - In case of exports (or dispatches) is the country (or Member State) of final destination of the goods. - In case of imports (or arrivals) is the country (or Member State) of consignment of the goods. 2 Data are preliminary as of 10-th April

5 Table 3 Exports, imports and trade balance by groups of countries and main partner countries 1 of Bulgaria in January and (Continued) Countries and groups of countries Million BGN the Million BGN the Million BGN Non EU countries CIS of which: Kazakhstan Russian Federation Ukraine OECD of which: Canada Israel Japan Korea, Republic of Turkey United States EFTA of which: Norway Switzerland Partner country: - In case of exports (or dispatches) is the country (or Member State) of final destination of the goods. - In case of imports (or arrivals) is the country (or Member State) of consignment of the goods. 2 Data are preliminary as of 10-th April CIS includes: Azerbaijan; Armenia; Belarus; Kazakhstan; Kyrgyz Republic; Moldova, Republic of; Russian Federation; Tajikistan; Turkmenistan; Uzbekistan and Ukraine. 4 OECD includes: Australia; Virgin Islands (US); United States; Iceland; Canada; Mexico; New Zealand; Norway; Korea, Republic of; Turkey; Switzerland; Japan; Israel and Chile. 5 EFTA includes: Norway; Switzerland; Iceland and Liechtenstein. 5

6 Table 3 Exports, imports and trade balance by groups of countries and main partner countries 1 of Bulgaria in January and (Continued and end) Countries and groups of countries Million BGN the Million BGN the Million BGN Countries not included in the upper groups Albania Bosnia and Herzegovina Brazil China Egypt The former Yugoslav Republic of Macedonia Georgia India Indonesia Iran, Islamic Republic of Peru Serbia Singapore South Africa Syrian Arab Republic x Taiwan United Arab Emirates Viet Nam Partner country: - In case of exports (or dispatches) is the country (or Member State) of final destination of the goods. - In case of imports (or arrivals) is the country (or Member State) of consignment of the goods. 2 Data are preliminary as of 10-th April x - category not applicable. - - no case. 6

7 Table 4 Exports, imports and trade balance of Bulgaria by sections of SITC, rev.4 in January and Sections by SITC to the same the to the same the Million BGN Million BGN Million BGN Total of which EU Food and live animals of which EU Beverages and tobacco of which EU Crude materials, inedible (except fuel) of which EU Mineral fuel, lubricants and related materials of which EU Animals and vegetable oils, fats and waxes of which EU Chemical and related products n.e.c of which EU Manufactured goods classified chiefly by material of which EU Machinery and transport equipment of which EU Miscellaneous manufactured articles of which EU Commodities and transactions n.e.c of which EU Data are preliminary as of 10-th April

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