Bulgaria Balance of Trade

Last Release

Jul 31, 2024

Actual

-787.8

Units In

BGN Million

-640.4

Frequency

Monthly

Next Release

Oct 11, 2024

Time to Release

28 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
98.5 Jul 2017	-2,106.2 Oct 2008	-710.93 BGN Million	2000-2024	N/A

Bulgaria exports mostly fuels, manufactured goods (clothing, footwear), machinery and transport equipment and chemicals. Bulgaria's main exports partners are Germany,Turkey, Italy, Greece and Romania. Bulgaria imports fuels, machinery and transport equipment, metals, raw materials. Bulgaria's main imports partners are Russia, Germany, Romania and Italy.

Latest Updates

Bulgaria’s trade deficit increased to BGN 787.8 million in July 2024 from BGN 571.1 million in the same month last year, preliminary estimates showed. Year-on-year, imports jumped 9.6% to BGN 8,649.7 million, with purchases rising from non-EU countries (26.5%) and declining from EU countries (-1.4%). The largest growth in imports from third countries was recorded in animal and vegetable oils, fats, and waxes (34.7%). Meanwhile, exports rose at a softer pace of 7.4% to BGN 7,861.9 million, driven by higher sales to the EU (5.4%) and non-EU countries (11.2%). Among commodities, growth in exports was most notable in chemical and related products (11.8%). For the period from January to July, the country’s trade gap widened to BGN 6,724.1 million from BGN 5,067.2 million in the corresponding period last year.