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Bulgaria reduces foreign trade deficit in Jan-Sept period

Xinhua, November 9, 2015 Adjust font size:

Bulgaria has significantly reduced its foreign trade deficit in the January to September period year-on-year, the country's National Statistical Institute (NSI) said Monday.

Preliminary NSI data showed the total foreign trade balance was negative in the January to September 2015 term and amounted to 4.110 billion Bulgarian lev (some 2.26 billion U.S. dollars).

However, it was much better than the negative figure of 5.739 billion lev that Bulgaria recorded in the corresponding period of 2014, NSI data indicated.

According to the NSI, the value of all exported goods from Bulgaria amounted to 34 billion lev in the first nine months of 2015, an increase of 6.6 percent compared to the same period of 2014.

Meanwhile, the total value of all the goods imported to the country reached 38.1 billion lev, or 1.2 percent more year-on-year, NSI said.

In the whole 2014, Bulgaria's foreign trade deficit amounted to 7.903 billion lev, increasing by 13.6 percent year-on-year. (1 U.S. dollar = 1.82 Bulgarian lev) Endit