Ruse Bulgaria Registers Surplus in Electronics Trade with Germany

Equestrian Bulgaria Registers Surplus in Electronics Trade with Germany

Sofia News Agency, www.novinite.com and www.sofianewsagency.com

Bulgaria Registers Surplus in Electronics Trade with Germany

Bulgaria’s electronics export to Germany has surpassed its import of German-made appliances in the first quarter of 2010.

For the first time, Bulgaria registered a surplus in its electronics trade with Germany, reported the German technology news website evertiq.de.

Bulgaria’s electronics export to Germany amounted to EUR 71 M in the first three months of 2010, while its import of German-made electronics was worth EUR 69.7 M.

The site evertiq.de points out that while Germany’s electronics export as a whole dropped by 0.6% in the first quarter of 2010, Bulgaria’s almost doubled with an increase of 98.5%.

The report says that this is a continuation of a trend as the Bulgarian electronics export was one of the few that did not decline but actually grew by 3.8% in 2009.

Tags: Germany, electronics, export, import, trade

Ruse Bulgaria Registers Surplus in Electronics Trade with Germany