Bulgaria’s trade deficit widened to BGN 1,302.9 million in November 2022 from BGN 1,296.4 million in the corresponding month of the previous year, preliminary estimates showed. Exports jumped 35% from a year earlier to BGN 8,454.6 million, boosted by higher sales to non-EU countries (48.6%) and the EU (29.2%). At the same time, imports grew 29.1% year-on-year to BGN 9,757.5 million, driven by purchases from non-EU countries (31.9%) and the EU (27.2%). Considering the first eleven months of 2022, the country’s trade deficit increased sharply to BGN 15.8 billion, compared to BGN 6.5 billion in the same period a year ago. source: National Statistical Institute, Bulgaria

Balance of Trade in Bulgaria averaged -682.18 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 -2160.10 BGN Million in September of 2022. 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 2023.

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Bulgaria Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-12-13 09:00 AM Oct BGN-1555M BGN-2160M BGN-1655M
2023-01-13 09:00 AM Nov BGN-1303M BGN-1577M BGN-1540M
2023-02-10 09:00 AM Dec BGN-1303M BGN -950M


Related Last Previous Unit Reference
Balance of Trade -1302.90 -1576.50 BGN Million Nov 2022
Imports 9757.50 9833.60 BGN Million Nov 2022
Exports 8454.60 8257.10 BGN Million Nov 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
-1302.90 -1576.50 98.50 -2160.10 2000 - 2022 BGN Million Monthly

News Stream
Bulgaria Trade Deficit Widens in November
Bulgaria’s trade deficit widened to BGN 1,302.9 million in November 2022 from BGN 1,296.4 million in the corresponding month of the previous year, preliminary estimates showed. Exports jumped 35% from a year earlier to BGN 8,454.6 million, boosted by higher sales to non-EU countries (48.6%) and the EU (29.2%). At the same time, imports grew 29.1% year-on-year to BGN 9,757.5 million, driven by purchases from non-EU countries (31.9%) and the EU (27.2%). Considering the first eleven months of 2022, the country’s trade deficit increased sharply to BGN 15.8 billion, compared to BGN 6.5 billion in the same period a year ago.
2023-01-13
Bulgaria Trade Gap Widens in October
Bulgaria’s trade deficit increased sharply to BGN 1554.7 million in October 2022 from BGN 718.8 million in the same period a year earlier, a preliminary estimate showed. Imports surged 42.6% to BGN 9,810.3 million, led by soaring purchases from non-EU (63.4%) and EU countries (28.7%). Meanwhile, exports rose 34.0% to BGN 8,255.6, boosted by shipments to both non-EU (35.1%) and EU countries (33.5%). Considering the first ten months of the year, the trade deficit widened to BGN 11.2 billion from BGN 5.70 billion in the corresponding period of 2021.
2022-12-13
Bulgaria Posts Largest Trade Gap in Over 14 Years
Bulgaria’s trade deficit surged to BGN 1,848.7 million in September 2022, its highest trade gap since October 2008, and sharply widening from the BGN 544 million deficit in the same period a year earlier. Imports rose by 47.1% to BGN 9,712.6 million on the back of higher arrivals from both the EU (22.4% to BGN 5,099 million) and non-EU countries (89.6% to BGN 4,613.6 million). On the other hand, exports grew at a softer 29.8% to BGN 7,863.9 million, driven by sales to the EU (40.2% to BGN 5,530.8 million) and non-EU countries (10.5% to BGN 2,333.1 million). Considering January to September, the trade deficit widened to BGN 9.87 billion from BGN 4.98 billion in the same period of 2021.
2022-11-10