Trade Deficit Up to USD 144.2 Million in February.

28.04.2000

Bulgaria's trade deficit widened at a faster pace in February from January, as imports grew faster than exports. The trade deficit totalled USD 144.2 million in February, compared with a revised deficit of USD 110.4 million in the previous month. The country exported USD 359.6 million in goods during February, up USD 25.2 million from a month ago, while it imported USD 503.8 million, up USD 58.9 million. For the year so far, USD 694 million in goods have been exported, while USD 948.7 million in goods have been imported. The country's biggest export market in February was Italy, while the main source of imports was Russia. Clothes and footwear led exports, while fuels led imports. Bulgaria's current account deficit narrowed to USD 97 million in February from a revised USD 153.4 million a month earlier and widened from USD 40.4 million a year earlier. The country's capital account posted a surplus of USD 7.9 million in February, after it posted a revised deficit of USD 114.2 million a month earlier and a USD 37.9 million deficit a year earlier. The overall balance of payments' February deficit narrowed to USD 20.9 million from USD 154.4 million a month earlier and USD 60.9 million a year earlier