Bulgaria's Non-EU Exports Drop by 2% Y/Y Jan-Apr 2012

Bulgaria's exports to non-EU countries decreased by 2.0% year on year in the period January-April 2012, according to preliminary data released by the country's National Statistical Institute.

Bulgaria's total exports to non-EU countries in the period amounted to BGN 4.9 B.

Turkey, China, Russia, Serbia, The Former Yugoslav Republic of Macedonia and United Arab Emirates formed 50.6% of Bulgaria's exports to non EU countries between January and April 2012.

The exports to United Arab Emirates, Canada, Syria and Brazil increased significantly, while the most considerable decreases were observed in the exports to Singapore, India, South Africa and Iran.

In April 2012, Bulgaria's exports to non-EU countries decreased by 5.0% compared to the corresponding month of the previous year and amounted to BGN 1.2 B.

Bulgaria's imports from non-EU countries increased by 13.3% year on year in the first fourth months of 2012, reaching BGN 6.5 B. The most significant growths were reported in imports from Peru, Bosnia and Herzegovina and Brazil, while the largest decreases were observed in imports from Kazakhstan, Israel and Ukraine.

In April 2012, Bulgaria's imports from non-EU countries grew by 22.2% compared to the corresponding month of the previous year, exceeding BGN 1.9 B.