SOFIA: Bulgaria’s January-May trade deficit shrank 31.4% year-on-year to 1.82 billion levs ($1.03 billion/930 million euro), mainly on the back of a drop in imports, data from the country’s statistics office, NSI, showed on Monday.
Exports fell 3.5% on the year to 17.7 billion levs through May, while imports dropped 7% to 19.5 billion levs, NSI said in a statement. In May alone, exports fell 5.5% as compared to April, while imports dropped 3.2%, resulting in a 14% expansion of the trade shortfall.
