Bulgaria’s trade deficit widened to BGN 715.2 million in August of 2021 from BGN 441.5 million in the corresponding month of the previous year. Exports climbed 32.8 percent year-on-year to BGN 5525 million, as sales rose to both EU (26.5 percent) and non-EU countries (45.7 percent). Meanwhile, imports advanced at a faster 35.6 percent to BGN 6240 million, due to higher purchases from both EU countries (22.7 percent) and from other countries (56.2 percent). Considering the first eight months of 2021, the country’s trade gap rose to BGN 4782 million from BGN 2655.8 million in the same period of 2020, as exports climbed 22.4 percent while imports rose at a faster 26.4 percent. source: National Statistical Institute, Bulgaria
Balance of Trade in Bulgaria averaged -660 BGN Million from 2000 until 2021, 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 2021.
Balance of Trade in Bulgaria is expected to be -950.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Balance of Trade is projected to trend around -950.00 BGN Million in 2022, according to our econometric models.