TRADE IN GOODS OF BULGARIA WITH THIRD COUNTRIES IN THE PERIOD JANUARY - OCTOBER 2018 (PRELIMINARY DATA)

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1 TRADE IN GOODS OF BULGARIA WITH THIRD COUNTRIES IN THE PERIOD JANUARY - OCTOBER 2018 (PRELIMINARY DATA) In the period January - October 2018 the exports of goods from Bulgaria to third countries decreased by 12.9% in comparison with the same period of 2017 and added up to Million BGN (Annex, Tables 1 and 2). Main trade partners of Bulgaria were Turkey, China, Serbia, the United States, the Former Yugoslav Republic of Macedonia and the Russian Federation which accounted for 53.0% of the exports to non EU countries (Annex, Table 3). In October 2018 the exports of goods from Bulgaria to third countries increased by 9.1% compared 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 (Compared to the same month of the previous year) % In the period January - October 2018 in the exports of goods from Bulgaria to third countries distributed according to the Standard International Trade Classification compared to the same period of 2017 a growth was recorded only in section Animals and vegetable oils, fats and waxes (30.8%) (Annex, 1 Value changes at current prices. 1

2 Table 4). The most notable falls were reported in sections Beverages and tobacco (36.1%) and Miscellaneous manufactured articles 1 (22.1%). Imports of goods to Bulgaria from third countries in the period January - October 2018 increased by 9.2% in comparison with the same period of 2017 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 Serbia (Annex, Table 3). In October 2018 the imports of goods to Bulgaria from third countries increased by 34.9% compared to the corresponding month of the previous year and amounted to Million BGN. Figure 2. Nominal value 2 change of imports of goods of Bulgaria to non EU countries in the period (Compared to the same month of the previous year) % In the period January - October 2018 in the imports of goods to Bulgaria from third countries distributed according to the Standard International Trade Classification the largest growths compared to the same period of 2017 were recorded in the section Beverages and tobacco (22.6%) and Animals and vegetable oils, fats and waxes (19.6%) (Annex, Table 4). Fall was observed only in sector Food and live animals (0.2%). 1 The section includes the following divisions: Prefabricated buildings; sanitary, plumbing, heating and lighting fixtures and fittings, Furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings, Travel goods, handbags and similar containers, Articles of apparel and clothing accessories, Footwear, Professional, scientific and controlling instruments and apparatus, Photographic apparatus, equipment and supplies and optical goods, n.e.s.; watches and clocks, Miscellaneous manufactured articles, n.e.s. 2 Value changes at current prices. 2

3 The foreign trade balance of Bulgaria (export FOB - import CIF) with third countries in the period January - October 2018 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 October 2018 the foreign trade balance of Bulgaria (export FOB - import CIF) with third countries was negative and amounted to Million BGN. Trade in goods of Bulgaria with third countries and EU - total In the period January - October 2018 the total value of all the goods exported from Bulgaria amounted to Million BGN which is 1.4% more than the same period of 2017 (Annex, Tables 1 and 2). In October 2018 the total exports of goods added up to Million BGN and increased by 7.4% compared to the corresponding month of the previous year. Figure 3. Nominal value 1 change of exports of goods of Bulgaria in the period (Compared to the same month of the previous year) % The total value of all the goods imported in the country in the period January - October 2018 amounted to Million BGN (at CIF prices), or by 8.1% more than the same period of 2017 (Annex, Tables 1 and 2). In October 2018 the total imports of goods increased by 13.6% compared to the same month of the previous year and added up to Million BGN. 1 Value changes at current prices. 3

4 Figure 4. Nominal value 1 change of imports of goods of Bulgaria in the period (Compared to the same month of the previous year) % The total foreign trade balance (exports FOB - import CIF) was negative in the period January - October 2018 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 - October 2018 the total foreign trade balance was also negative and added up to Million BGN. In October 2018 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. 1 Value changes at current prices. 4

5 Annex Exports, imports and trade balance of Bulgaria in the period January - October 2017 and by months Table 1 (Million BGN) Exports - FOB Imports - CIF Imports - FOB 2 Trade balance - FOB/CIF Trade balance - FOB/FOB 2 Months/Periods Total EU Non EU Total EU Non EU Total EU Non EU Total EU Non EU Total EU Non EU I II III I - III IV V VI IV - VI I - VI VII VIII IX VII - IX I - IX X I - X I II III I - III IV V VI IV - VI I - VI VII VIII IX VII - IX I - IX X I - X Data are preliminary as of 11-th December By data of BNB for the transport costs. 5

6 Table 2 Value changes of exports and imports of Bulgaria in the period January - October compared to the same period of the previous year (Per cent) Months/Periods Exports - FOB Imports - CIF Imports - FOB Total EU Non EU Total EU Non EU Total EU Non EU I II III I - III IV V VI IV - VI I - VI VII VIII IX VII - IX I - IX X I - X Data are preliminary as of 11-th December

7 Table 3 Exports, imports and trade balance of Bulgaria with main non EU partner countries 1 in the period January - October 2017 and Exports - FOB Imports - CIF Trade balance - FOB/CIF Countries Change compared to the same period of the previous year - % Change compared to the same period of the previous year - % Million BGN Million BGN Million BGN Third countries - total of which: Albania Bosnia and Herzegovina Brazil Canada China Egypt Former Yugoslav Republic of Macedonia Georgia Gibraltar x India Indonesia Iran, Islamic Republic of Israel Japan Kazakhstan Korea, Republic of Libya Morocco Namibia x Norway Peru Russian Federation Serbia Singapore South Africa Switzerland Syrian Arab Republic 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 11-th December x - category not applicable. 0 - figure less than half of the unit used. 7

8 Table 4 Exports, imports and trade balance of Bulgaria with non EU countries by sections of SITC, rev. 4 in the period January - October 2017 and Exports - FOB Imports - CIF Trade balance - FOB/CIF Sections by SITC Change compared to the same period of the previous year - % Change compared to the same period of 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 11-th December

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