Bulgaria recorded a trade deficit of 1684.20 BGN Million in July of 2022. source: National Statistical Institute, Bulgaria

Balance of Trade in Bulgaria averaged -673.66 BGN Million from 2000 until 2022, 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 September 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
2022-08-12 08:00 AM Jun BGN-1486M BGN-740.9M BGN -950M
2022-09-14 08:00 AM Jul BGN-1684M BGN-1451M BGN-900M
2022-10-12 08:00 AM Aug BGN-1684M


Related Last Previous Unit Reference
Balance of Trade -1684.20 -1450.60 BGN Million Jul 2022
Imports 9750.10 10177.40 BGN Million Jul 2022
Exports 8065.90 8726.80 BGN Million Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1684.20 -1450.60 98.50 -2106.20 2000 - 2022 BGN Million Monthly

News Stream
Bulgaria Trade Deficit Narrows in May
Bulgaria’s trade deficit narrowed to BGN 740.9 million in May of 2022 from BGN 891.9 million in the corresponding month of the previous year. Exports jumped by 60.7 percent to BGN 8280.6 million. Sales increased to both EU countries (73 percent) and non-EU countries (37.8 percent). Meanwhile, imports rose at a softer 49.3 percent year-on-year to BGN 9021.5 million amid higher purchases to both EU (35.8 percent) and non-EU countries (70.4 percent).
2022-07-13
Bulgaria Trade Gap Widens Sharply in April
Bulgaria’s trade deficit rose sharply to BGN 713.5 million in April of 2022 from BGN 176.6 million in the corresponding month of the previous year. Imports jumped by 37.5 percent to BGN 8362.2 million, edging down from an all-time high of BGN 8960.1 million hit last month. Purchases increased to both EU countries (23.6 percent) and non-EU countries (57.8 percent). Meanwhile, exports rose at a softer 29.6 percent year-on-year to BGN 7648.7 million amid higher sales to both EU (36 percent) and non-EU countries (16.8 percent), although it fell from a record peak of BGN 8097.5 million touched last month.
2022-06-13
Bulgaria Trade Gap Shrinks Slightly
Bulgaria’s trade deficit edged down to BGN 856.1 million in March of 2022 from BGN 866.7 million in the corresponding month of the previous year. Exports rose by 38.9 percent to an all-time high of BGN 8086.5 million, due to higher sales to both EU countries (49.5 percent) and other countries (19.6 percent). Meanwhile, imports surged by a softer 33.7 percent year-on-year to a record high of BGN 8942.6 million, amid higher purchases from both EU (32.2 percent) and non-EU countries (35.8 percent).
2022-05-12