Bulgaria’s trade deficit widened to BGN 1355.8 million in November of 2021 from BGN 814.4 million in the corresponding month of the previous year. It was the largest trade gap since December of 2008. Imports rose by 32 percent to an all-time high of BGN 7551.9 million, due to higher purchases from both EU countries (27.3 percent) and from other countries (39.6 percent). Meanwhile, exports surged 26.3 percent year-on-year to a record high of BGN 6196.1 million, as sales rose to both EU (32.7 percent) and non-EU countries (12.9 percent). Considering the first eleven months of 2021, the country’s trade deficit widened to BGN 7364.1 million in the same period of 2020, as exports grew 23.3 percent while imports grew at a faster 26.3 percent. source: National Statistical Institute, Bulgaria

Balance of Trade in Bulgaria averaged -659.12 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 January of 2022.

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 2023, according to our econometric models.

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Bulgaria Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-12-13 09:00 AM Oct BGN-776.3M BGN-614.7M
2022-01-13 09:00 AM Nov BGN-1355.8M BGN-786.2M BGN -850M
2022-02-10 09:00 AM Dec BGN-1355.8M BGN -950M


Related Last Previous Unit Reference
Balance of Trade -1355.80 -786.20 BGN Million Nov/21
Imports 7551.90 6852.10 BGN Million Nov/21
Exports 6196.10 6065.90 BGN Million Nov/21

News Stream
Bulgaria Trade Gap Widens, Exports and Imports at Fresh Record Highs
Bulgaria’s trade deficit widened to BGN 1355.8 million in November of 2021 from BGN 814.4 million in the corresponding month of the previous year. It was the largest trade gap since December of 2008. Imports rose by 32 percent to an all-time high of BGN 7551.9 million, due to higher purchases from both EU countries (27.3 percent) and from other countries (39.6 percent). Meanwhile, exports surged 26.3 percent year-on-year to a record high of BGN 6196.1 million, as sales rose to both EU (32.7 percent) and non-EU countries (12.9 percent). Considering the first eleven months of 2021, the country’s trade deficit widened to BGN 7364.1 million in the same period of 2020, as exports grew 23.3 percent while imports grew at a faster 26.3 percent.
2022-01-13
Bulgaria Trade Gap Widens, Exports and Imports at Record Highs
Bulgaria’s trade deficit widened to BGN 776.3 million in October of 2021 from BGN 697.5 million in the corresponding month of the previous year. It was the largest trade gap since May of 2021. Imports rose by 20.7 percent to an all-time high of BGN 6849.5 million, due to higher purchases from both EU countries (22.7percent) and from other countries (17.9 percent). Meanwhile, exports surged 22 percent year-on-year to a record high of BGN 6073.2 million, as sales rose to both EU (27 percent) and non-EU countries (11.9 percent). Considering the first ten months of 2021, the country’s trade deficit widened to BGN 5998.4 million in the same period of 2020, as exports grew 23 percent while imports grew at a faster 25.6 percent.
2021-12-13
Bulgaria’s Trade Gap Widens in September
Bulgaria’s trade deficit narrowed to BGN 614.4 million in September of 2021 from BGN 476.1 million in the corresponding month of the previous year. Exports surged 22.3 percent year-on-year to BGN 5975.6 million, as sales rose to both EU (24.2 percent) and non-EU countries (18.8 percent). Meanwhile, imports climbed at a faster 22.9 percent to BGN 6590 million, due to higher purchases from both EU countries (27.2 percent) and from other countries (16.2 percent). Considering the first nine months of 2021, the country’s trade deficit widened to BGN 5403 million in the same period of 2020, as exports grew 22.4 percent while imports grew at a faster 26 percent.
2021-11-12

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.