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. source: National Statistical Institute, Bulgaria
Balance of Trade in Bulgaria averaged -668.35 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 July 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.