TRADE IN GOODS OF BULGARIA WITH THIRD COUNTRIES IN THE PERIOD JANUARY - FEBRUARY 2019 (PRELIMINARY DATA)

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1 TRADE IN GOODS OF BULGARIA WITH THIRD COUNTRIES IN THE PERIOD JANUARY - FEBRUARY 2019 (PRELIMINARY DATA) In the period January - February 2019 the exports of goods from Bulgaria to third countries increased by 15.0 in comparison with the same the previous year and added up to Million BGN (Annex, Tables 1 and 2). Main trade partners of Bulgaria were Turkey, China, the United States, Serbia, Egypt and the Russian Federation which accounted for 51.3 of the exports to non EU countries (Annex, Table 3). In February 2019 the exports of goods from Bulgaria to third countries increased by 23.0 to the corresponding month of the previous year and amounted to Million BGN. Figure 1. Nominal value 1 change of exports of goods of Bulgaria to non EU countries in the period In the period January - February 2019 in the exports of goods from Bulgaria to third countries, distributed according to the Standard International Trade Classification, the most notable growth to the same the previous year was recorded in sections Animals and vegetable oils, fats and waxes (85.8) and Food and live animals (65.3) (Annex, Table 4). A fall was reported only in section Manufactured goods classified chiefly by material 2 (5.0). 2 The section includes the following divisions: leather, leather manufactures, n.e.s., and dressed furskins; rubber manufactures, n.e.s.; cork and wood manufactures (excluding furniture); paper, paperboard and articles of paper pulp, of paper or of paperboard; textile yarn, fabrics, made-up articles, n.e.s., and related products; non-metallic mineral manufactures, n.e.s.; iron and steel; non-ferrous metals. 1

2 Imports of goods to Bulgaria from third countries in the period January - February 2019 increased by 12.3 in comparison with same 2018 and added up to Million BGN (at CIF prices) (Annex, Tables 1 and 2). The largest amounts were reported for the goods imported from the Russian Federation, Turkey, China and Ukraine (Annex, Table 3). In February 2019 the imports of goods to Bulgaria from third countries increased by 15.9 to the corresponding month of the previous year and amounted to Million BGN. Figure 2. Nominal value 1 change of imports of goods of Bulgaria to non EU countries in the period In the period January - February 2019 in the imports of goods to Bulgaria from third countries distributed according to the Standard International Trade Classification the largest growths to the same the previous year were recorded in the section Food and live animals (34.9) and Mineral fuel, lubricants and related materials (28.6) (Annex, Table 4). The most notable fall was observed in sector Animals and vegetable oils, fats and waxes (26.0). The foreign trade balance of Bulgaria (export FOB - import CIF) with third countries in the period January - February 2019 was negative and added up to Million BGN (Annex, Table 1). The trade balance at FOB/FOB prices (after elimination of transport and insurance costs on imports) was also negative and amounted to Million BGN. In February 2019 the foreign trade balance of Bulgaria (export FOB - import CIF) with third countries was negative and amounted to Million BGN. 2

3 Trade in goods of Bulgaria with third countries and EU - total In the period January - February 2019 the total value of all the goods exported from Bulgaria amounted to Million BGN which is 10.9 more than the same the previous year (Annex, Tables 1 and 2). In February 2019 the total exports of goods added up to Million BGN and increased by 18.9 to the corresponding month of the previous year. Figure 3. Nominal value 1 change of exports of goods of Bulgaria in the period The total value of all the goods imported in the country in the period January - February 2019 amounted to Million BGN (at CIF prices), or by 5.2 more than the same 2018 (Annex, Tables 1 and 2). In February 2019 the total imports of goods increased by 12.6 to the same month of the previous year and added up to Million BGN. 3

4 Figure 4. Nominal value 1 change of imports of goods of Bulgaria in the period The total foreign trade balance (exports FOB - import CIF) was negative in the period January - February 2019 and amounted to Million BGN (Annex, Tables 1 and 2). At FOB/FOB prices (after elimination of transport and insurance costs on imports) in the period January - February 2019 the total foreign trade balance was also negative and added up to Million BGN. In February 2019 the total foreign trade balance (exports FOB - import CIF) was negative and added up to Million BGN. The trade balance at FOB/FOB prices was also negative and amounted to Million BGN. 4

5 Annex Months/Periods Exports, imports and trade balance of Bulgaria in the period January - February and by months Table 1 (Million BGN) Exports - FOB Imports - CIF Imports - FOB 2 Trade balance - FOB/CIF Trade balance - 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 12-th April By data of BNB for the transport costs. Value changes of exports and imports of Bulgaria in the period January - February to the same the previous year Months/Periods Exports - FOB Imports - CIF Imports - FOB Table 2 (Per cent) Total EU Non EU Total EU Non EU Total EU Non EU I II I - II Data are preliminary as of 12-th April

6 Table 3 Exports, imports and trade balance of Bulgaria with main non EU partner countries 1 in the period January - February and Countries Exports - FOB Change to the same the previous year - Imports - CIF Change to the same Trade balance - FOB/CIF Million BGN Million BGN the Million BGN previous year - Third countries -total of which: Albania Bosnia and Herzegovina Brazil Canada China Egypt Georgia Gibraltar x India Indonesia Iran, Islamic Republic of Israel Japan Kazakhstan Korea, Republic of Libya Morocco Namibia x Norway Peru Republic of North Macedonia Russian Federation Serbia Singapore South Africa Switzerland Syrian Arab Republic x Taiwan Turkey Ukraine United Arab Emirates United States 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 12-th April x - category not applicable. - - no case. 0 - figure less than half of the unit used. 6

7 Table 4 Exports, imports and trade balance of Bulgaria with non EU countries by sections of SITC, rev. 4 in the period January - February and Exports - FOB Imports - CIF Trade balance - FOB/CIF Sections by SITC Change to the same the previous year - Change to the same the previous year - Million BGN Million BGN Million BGN Third countries - total Food and live animals Beverages and tobacco Crude materials, inedible (except fuel) Mineral fuel, lubricants and related materials Animals and vegetable oils, fats and waxes Chemical and related products n.e.c Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions n.e.c Data are preliminary as of 12-th April

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