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.

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Bulgaria Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-07-13 08:00 AM May BGN -906.6M BGN -279.4M
2021-08-12 08:00 AM Jun BGN -808.7M BGN -905.1M
2021-09-15 03:30 PM Jul BGN -569.8M BGN -808.7M
2021-10-12 08:00 AM Aug BGN-715.2M BGN -583.9M
2021-11-12 09:00 AM Sep BGN-715.2M BGN -50M
2021-12-13 09:00 AM Oct


News Stream
Bulgaria Trade Gap Widens in August
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.
2021-10-12
Bulgaria Trade Gap Widens in June
Bulgaria’s trade deficit widened to BGN 808.7 million in June of 2021 from BGN 431.5 million in the corresponding month of the previous year. Exports climbed 27.8 percent year-on-year to BGN 5637.5 million, as sales rose to both EU (28.3 percent) and non-EU countries (26.8 percent). Meanwhile, imports advanced at a faster 33.2 percent to BGN 6446.2 million, due to higher purchases from both EU countries (26.4 percent) and from other countries (44 percent). Considering the first six months of 2021, the country's trade gap rose to BGN 3609.9 million from BGN 2036.2 million in the same period of 2020, as exports climbed 20.8 percent while imports rose at a faster 24.8 percent.
2021-08-12
Bulgaria’s Trade Deficit Widens in May
Bulgaria’s trade gap widened to BGN 906.6 million in May of 2021 from 242.9 million in the corresponding month of the previous year. Exports grew 32.3 percent year-on-year to BGN 5084.7 million. Sales increased for both EU and non-EU countries, 31.3 percent and 34.4 percent, respectively. Meanwhile, imports surged 46.7 percent to BGN 5991.3 million, due to higher purchases both from EU countries (50.3 percent) and from other countries (41.2 percent).
2021-07-13
Bulgaria Trade Gap Widens in March
Bulgaria's trade gap widened to BGN 963.5 million in March of 2021 from BGN 547.7 million in the corresponding month of the previous year. Exports soared 27 percent year-on-year to BGN 5,720.6 million, due to low baseline effects from last year’s pandemic outbreak. Sales to EU countries grew 29.9 percent, while exports to other third counties increased by 21.7. Meanwhile, imports surged by 32.3 percent to BGN 6,684.1 million, amid higher purchases both from EU countries (25.0 percent) and from non-EU countries (45.0 percent).
2021-05-13

Bulgaria Last Unit Reference Previous Highest Lowest
Balance of Trade -715.20 BGN Million Aug/21 -583.90 98.50 -2106.20
Imports 6240.10 BGN Million Aug/21 6360.40 6677.60 894.10
Exports 5524.90 BGN Million Aug/21 5776.50 5824.50 607.60


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.