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Hungary: Export surplus to Germany https://oec.world/en/profile/country/hun https://oec.world/en/profile/country/hun Bulgaria: Export surplus to Germany https:
by groby_b 6y ago
Hungary: Export surplus to Germany
https://oec.world/en/profile/country/hun https://oec.world/en/profile/country/hun
Bulgaria: Export surplus to Germany
https://oec.world/en/profile/country/bgr https://oec.world/en/profile/country/bgr
Romania: Balanced trade
https://oec.world/en/profile/country/rou https://oec.world/en/profile/country/rou
Would you mind clarifying what you're referring to?
- pgtan 6y agoThis is because of the exported feedstocks. If you go to Bulgaria (or any other Balkan country) you will see the land drown in german goods.
- krastanov 6y agoIs this a bad thing? We get to use the money from the export surplus to modernize other industries. It is not surprising that a poorer country will be in the agriculture business as it develops. For a positive change, see how the software industry in Sofia has been growing. It will take time to revive mid and heavy industries.
- EdwinLarkin 6y agoIt's a bad thing if you dont take advantage of it. The problem is the Eastern European countries never did. They never stood a chance in the first place. You need to own the value chain if you want to get richer.
- m000 6y agoI'd bet India also had an export surplus to the UK when it was a colony. So, thank you for shedding light on the whole of the German plot. I hadn't realized that the Eastern Europe countries were admitted to the EU so the German industry could source components and raw materials without import fees.
- groby_b 6y agoSo, OP complained about an import surplus. You complain about an export surplus. The only two alternatives are no trade, or a perfectly balanced trade. Neither one are realistic goals.