Bulgaria Balance of Trade

Last Release

Aug 31, 2024

Actual

-792.4

Units In

BGN Million

-787.8

Frequency

Monthly

Next Release

Nov 11, 2024

Time to Release

29 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
98.5 Jul 2017	-2,106.2 Oct 2008	-711.21 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 narrowed to BGN 792.4 million in August 2024 from BGN 894.3 million in the corresponding month of the previous year, preliminary estimates showed. Exports fell by 1.9% year-on-year to BGN 6,826.6 million, driven by lower sales to the EU (-2.2%) and non-EU countries (-1.5%). Meanwhile, imports declined faster at 3% to BGN 7,619 million, dragged down by arrivals from EU (-10.6%), while imports from non-EU countries increased (7%). In the first eight months of the year, the country’s trade gap widened to BGN 7,516.5 from BGN 5,961.5 million in the same period last year.