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). source: National Statistical Institute, Bulgaria
Balance of Trade in Bulgaria averaged -659.77 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 July of 2021.
Balance of Trade in Bulgaria is expected to be -50.00 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 -950.00 in 12 months time. 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.