BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA)
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1 BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA) In the period January - February 2017 Bulgarian exports to the EU increased by 9.0% to the same 2016 and amounted to Million BGN (Annex, Table 1 and 2). Main trade partners of Bulgaria were Germany, Italy, Romania, Greece, France and Belgium which accounted for 67.3% of the exports to the EU Member States (Annex, Table 3). In February 2017 the exports to the EU grew by 10.7% to the corresponding month of the year and amounted to Million BGN. Figure 1. Nominal value 1 change of exports of Bulgaria to EU in the period (Compared month of the year) % In the period January - February 2017 to the corresponding 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 Mineral fuel, lubricants and related materials (45.7%) and Manufactured goods classified chiefly by material (28.5%). The most notable fall was recorded in section Crude materials, inedible (except fuels) 2 (10.2%). 1 Value changes at current prices. 2 The section includes following divisions: raw hides, skins and furskins; oil-seeds and oleaginous fruits; crude rubber; cork and wood; pulp and waste paper; textile fibres and their wastes; crude fertilizers and crude minerals; мetalliferous ores and metal scrap; crude animal and vegetable materials, n.e.s. 1
2 Bulgarian imports from the EU in the period January - February 2017 increased by 12.2% to the same 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). In February 2017 the Bulgarian imports from the EU Member States grew by 8.4% to the corresponding month of the year and amounted to Million BGN. Figure 2. Nominal value 1 change of imports of Bulgaria from EU in the period (Compared month of the year) % In the period January - February 2017 to the corresponding 2016 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 (98.0%) while the most notable fall was observed in section Beverages and tobacco (10.8%). The foreign trade balance of Bulgaria (export FOB - import CIF) with the EU in the period January - February 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 Million BGN. 1 Value changes at current prices. 2
3 Annex Exports, imports and trade balance of Bulgaria in the period January - February and by months Table 1 (Million BGN) Months/Periods Imports - FOB 2 FOB/FOB 2 Total EU Non EU Total EU Non EU Total EU Non EU Total EU Non EU Total EU Non EU I II I - II I II I - II Data are preliminary as of 9-th May By data of BNB for the transport costs. Table 2 Value changes of exports and imports of Bulgaria in the period January - February month of the year (Per cent) Months/Periods Imports - FOB Total EU Non EU Total EU Non EU Total EU Non EU I II I - II Data are preliminary as of 9-th May
4 Table 3 Exports, imports and trade balance by groups of countries and main partner countries 1 of Bulgaria in the period January - February 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 9-th May
5 Table 3 Exports, imports and trade balance by groups of countries and main partner countries 1 of Bulgaria in the period January - February 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 9-th May 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 the period January - February 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 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 9-th May "x"- category not applicable. "0"- figure less than half the unit used. 6
7 Table 4 Exports, imports and trade balance of Bulgaria by sections of SITC, rev. 4 in the period January - February 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 9-th May
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