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Bulgaria's exports grow, imports decline in 2016
Last Updated: 2017-09-13 09:15 | Xinhua
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Bulgarian exports grew by 5.0 percent in 2016 year-on-year, while the country's imports fell by 0.7 percent, according to final data published by the National Statistical Institute (NSI) on Tuesday.

In 2016, the country exported goods worth 47.2 billion BGN (about 28.9 billion U.S. dollars), while the imported goods amounted to 51.2 billion BGN (31.4 billion dollars), said the NSI.

Manufactured goods recorded the largest growth in export with a rise of 20.0 percent, while the most notable decrease in imports was seen in fuel, lubricants and related materials, the NSI said.

Bulgarian exports to European Union (EU) countries increased by 7.3 percent compared with 2015 to 31.2 billion BGN (19.1 billion dollars), while the country's imports from the EU increased by 2.5 percent to 34 billion BGN (20.8 billion dollars).

Its exports to non-EU countries increased by 0.8 percent compared with 2015 to 16 billion BGN (9.8 billion dollars), while its imports decreased by 6.4 percent to 17.2 billion BGN (10.5 billion dollars), the NSI said.

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