Bulgaria Registers Surplus in Electronics Trade with Germany

Bulgaria Registers Surplus in Electronics Trade with Germany

In the first quarter of 2010, Bulgaria's electronics export to Germany has surpassed its import of German-made appliances. 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%.