Tuesday, December 30, 2008

Bulgaria-Romania Trade Reaches Record Levels in January-August 2008

Sofia News Agency

The trade between Bulgaria and Romania in the first eight months of 2008 amounted to EUR 1,65 B, which is a record value in the history of the bilateral relations.

According to data released Tuesday by the Bulgarian-Romanian Chamber of Commerce and Industry, Bulgaria has a negative trade balance of EUR 272 M with Romania in January-August 2008.

Bulgaria's exports to Romania amounted to EUR 689 M, whereas its imports from its northern neighbor amounted to EUR 961 M.

In the first eight months of 2007, the bilateral trade amounted to a total of EUR 968 M, and Bulgaria's negative trade balance with Romania was EUR 199 M.

In January-August of 2008 Bulgaria was visited by 4,332 million foreign citizens (a 15% increase compared to the first eight months of 2007; the greatest number of these - 732 000 - came from Romania.

In the same period, Bulgarian citizens visited Romania 324 000 times, which ranks Bulgaria fourth among the countries with the highest number of visitors in Romania.

The Bulgarian-Romanian Chamber of Commerce and Industry is headquartered in Bulgaria's Danube city of Ruse.

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