Bulgaria recorded a trade deficit of 430.40 BGN Million in August of 2020.

Balance of Trade in Bulgaria averaged -658.97 BGN Million from 2000 until 2020, reaching an all time high of 98.50 BGN Million in July of 2017 and a record low of -2106.20 BGN Million in October of 2008. This page provides - Bulgaria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: National Statistical Institute, Bulgaria

Balance of Trade in Bulgaria is expected to be -1300.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Bulgaria to stand at -600.00 in 12 months time. In the long-term, the Bulgaria Balance of Trade is projected to trend around -1200.00 BGN Million in 2021 and -950.00 BGN Million in 2022, according to our econometric models.

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Bulgaria Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-430.40 -228.40 98.50 -2106.20 2000 - 2020 BGN Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-13 08:00 AM May BGN-305.5M BGN -18M BGN -280M
2020-08-12 08:00 AM Jun BGN-461.6M BGN-309.2M BGN -320M
2020-09-14 08:00 AM Jul BGN -231.5M BGN-427.3M BGN -380M
2020-10-12 08:00 AM Aug BGN -430M BGN -228M BGN -215M
2020-11-12 09:00 AM Sep BGN -430M BGN -500M
2020-12-11 09:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Bulgaria Trade Deficit Narrows in June
Bulgaria's trade deficit narrowed to BGN 461.6 million in June of 2020 from BGN 484.9 million in the corresponding month of the previous year. Imports declined 6.9 percent over a year earlier to BGN 4,772 million, dragged down by lower purchases from both EU countries (-7.4 percent) and non-EU countries (-6.2 percent). Exports dropped 7.2 percent to BGN 4,310 million, due to lower sales to both non-EU countries (-18.1 percent) and EU countries (-0.9 percent). On a quarterly basis, the country’s trade shortfall decreased to BGN 788.8 million in the three months to June 2020 from BGN 2,142 million in the same period a year earlier. Considering the first half of the year, Bulgaria recorded a BGN 2,126 million trade gap.
2020-08-12
Bulgaria Trade Gap Shrinks in May
Bulgaria's trade deficit narrowed to BGN 305.5 million in May of 2020 from BGN 887.7 million in the corresponding month of the previous year. Exports fell 21.4 percent from a year earlier to BGN 3,744 million, amid lower sales to both EU countries (-18 percent) and non-EU countries (-27.7 percent). Meantime, imports declined at a faster 28.4 percent to BGN 4,050 million, dragged down by lower purchases from both EU countries (-28.4 percent) and non-EU countries (-28.2 percent).
2020-07-13
Bulgaria Posts Smallest Trade Gap since 2017
Bulgaria's trade deficit slipped to BGN 4.3 million in April of 2020 from BGN 769.1 million in the same month of the previous year. It was the smallest monthly trade gap since September of 2017, likely impacted by the global pandemic. Imports slumped 32.6 percent to BGN 3,773.3 million, amid lower purchases from both EU countries (-9.2 percent) and non-EU countries (-7.4 percent). Also, exports declined 19.5 percent to BGN 3,769 million, due to reduced sales to both EU countries (-20.1 percent) and non-EU countries (-18.4 percent).
2020-06-11
Bulgaria Trade Gap Widens 15.1% YoY in March
Bulgaria's trade deficit rose to BGN 636.8 million in March of 2020 from BGN 553.1 million in the same month of the previous year. Exports declined 8.8 percent to BGN 4,384.7 million, amid lower sales to both EU countries (-9.2 percent) and non-EU countries (-8 percent). Also, imports fell 6.3 percent to BGN 5,021.5 million, due to reduced purchases from both EU countries (-8.8 percent) and non-EU countries (-1.7 percent). In the first three months of the year, the country's trade shortfall narrowed to BGN 1,461.4 million from BGN 1,477.9 million, as both exports and imports decreased 1.1 percent.
2020-05-13

Bulgaria Balance of Trade
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.