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Business THURSDAY, 10 May 2012

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Bulgaria's Export for EU Slumps by 8.1%


Bulgaria's export for the EU has slumped by 8.1% y/y at the beginning of 2012 and it now amounts to about 3.3 billion levs, the national statistical institute said.
Romania, Greece, Germany, Italy and France account for 66% of Bulgaria's European export.
At the same time, the export from the EU for the first two months of the year has increased by 6.7% y/y up to 2.1 billion levs.
As a result, the foreign trade gap has reached 709 million levs against 154 million levs deficit for the first two months of 2011.

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