Bulgaria's trade deficit narrowed to BGN 726.5 million in December of 2020 from BGN 1018.9 million in the corresponding month of the previous year, as exports advanced 5.6 percent to BGN 4432.2 million while imports fell 6.2 percent to BGN 5158.7 million. Considering full 2020, the country's trade gap shrank to BGN 5202.2 million from BGN 7530.5 million in 2019. source: National Statistical Institute, Bulgaria

Balance of Trade in Bulgaria averaged -659.79 BGN Million from 2000 until 2020, 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 March of 2021.

Balance of Trade in Bulgaria is expected to be -1300.00 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 -1200.00 in 12 months time. In the long-term, the Bulgaria Balance of Trade is projected to trend around -1200.00 BGN Million in 2022 and -950.00 BGN Million in 2023, according to our econometric models.

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Bulgaria Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-726.50 -833.20 98.50 -2106.20 2000 - 2020 BGN Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 09:00 AM Sep BGN -455.6M BGN -445.6M BGN -500M
2020-12-11 09:00 AM Oct BGN -651M BGN -450M BGN -530M
2021-01-13 09:00 AM Nov BGN -830M BGN -652M
2021-02-10 09:00 AM Dec BGN -726.5M BGN -830M
2021-03-12 09:00 AM Jan BGN -726.5M BGN -450M
2021-04-13 08:00 AM Feb
2021-05-13 08:00 AM Mar
2021-06-11 08:00 AM Apr


News Stream
Bulgaria Trade Gap Shrinks in December
Bulgaria's trade deficit narrowed to BGN 726.5 million in December of 2020 from BGN 1018.9 million in the corresponding month of the previous year, as exports advanced 5.6 percent to BGN 4432.2 million while imports fell 6.2 percent to BGN 5158.7 million. Considering full 2020, the country's trade gap shrank to BGN 5202.2 million from BGN 7530.5 million in 2019.
2021-02-10
Bulgaria Trade Deficit Narrows in June
Bulgaria's trade deficit narrowed to BGN 461.6 million in June of 2020 from BGN 484.9 million in the corresponding month of the previous year. Imports declined 6.9 percent over a year earlier to BGN 4,772 million, dragged down by lower purchases from both EU countries (-7.4 percent) and non-EU countries (-6.2 percent). Exports dropped 7.2 percent to BGN 4,310 million, due to lower sales to both non-EU countries (-18.1 percent) and EU countries (-0.9 percent). On a quarterly basis, the country’s trade shortfall decreased to BGN 788.8 million in the three months to June 2020 from BGN 2,142 million in the same period a year earlier. Considering the first half of the year, Bulgaria recorded a BGN 2,126 million trade gap.
2020-08-12
Bulgaria Trade Gap Shrinks in May
Bulgaria's trade deficit narrowed to BGN 305.5 million in May of 2020 from BGN 887.7 million in the corresponding month of the previous year. Exports fell 21.4 percent from a year earlier to BGN 3,744 million, amid lower sales to both EU countries (-18 percent) and non-EU countries (-27.7 percent). Meantime, imports declined at a faster 28.4 percent to BGN 4,050 million, dragged down by lower purchases from both EU countries (-28.4 percent) and non-EU countries (-28.2 percent).
2020-07-13
Bulgaria Posts Smallest Trade Gap since 2017
Bulgaria's trade deficit slipped to BGN 4.3 million in April of 2020 from BGN 769.1 million in the same month of the previous year. It was the smallest monthly trade gap since September of 2017, likely impacted by the global pandemic. Imports slumped 32.6 percent to BGN 3,773.3 million, amid lower purchases from both EU countries (-9.2 percent) and non-EU countries (-7.4 percent). Also, exports declined 19.5 percent to BGN 3,769 million, due to reduced sales to both EU countries (-20.1 percent) and non-EU countries (-18.4 percent).
2020-06-11

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.