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Fuels account for three quarters of Bulgaria's exports to Ukraine

published on 10/24/22 4:02 PM

Photo: Archive

The National Statistical Institute's data on Bulgaria's exports as of August show that Ukraine has climbed from eighth to third place among Bulgaria's non-EU trading partners, displacing the US, the Capital weekly reports.

On a year-on-year basis, exports to Ukraine grew by more than 130% and reached €610 million. The rise is mainly due to fuel exports, in particular gas oil. For the first eight months, gas oil exports increased from €770 thousand in 2021 to €358 million this year. The growth is due to both higher volumes and higher prices. Various fuels accounted for almost three-quarters of exports to Ukraine in the first eight months of 2022.

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Radio Bulgaria News Bulgaria exports fuels gas oil growth Ukraine

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