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 August 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.

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Bulgaria Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-906.60 -288.30 98.50 -2106.20 2000 - 2021 BGN Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-13 08:00 AM Feb BGN -429.8M BGN -272.3M
2021-05-13 08:00 AM Mar BGN -963.5M BGN -439.5M
2021-06-11 08:00 AM Apr BGN -288.3M BGN -933.9M
2021-07-13 08:00 AM May BGN -906.6M BGN -279.4M
2021-08-12 08:00 AM Jun BGN -906.6M
2021-09-14 08:00 AM Jul
2021-10-12 08:00 AM Aug
2021-11-12 09:00 AM Sep BGN -50M


News Stream
Bulgaria’s Trade Deficit Widens in May
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).
2021-07-13
Bulgaria Trade Gap Widens in March
Bulgaria's trade gap widened to BGN 963.5 million in March of 2021 from BGN 547.7 million in the corresponding month of the previous year. Exports soared 27 percent year-on-year to BGN 5,720.6 million, due to low baseline effects from last year’s pandemic outbreak. Sales to EU countries grew 29.9 percent, while exports to other third counties increased by 21.7. Meanwhile, imports surged by 32.3 percent to BGN 6,684.1 million, amid higher purchases both from EU countries (25.0 percent) and from non-EU countries (45.0 percent).
2021-05-13
Bulgaria Trade Gap Widens Slightly in February
Bulgaria's trade deficit widened slightly to BGN 429.8 million in February of 2021 from BGN 428.6 million in the corresponding month of the previous year. Exports grew 2.8 percent year-on-year to BGN 4984.2 million, mainly driven by sales to EU countries (4.2 percent), since sales to other third counties were little changed (0.1 percent). Meanwhile, imports went up by 2.6 percent to BGN 3419.9 million, amid higher purchases from EU countries (5.9 percent), offsetting the decline in purchases from non-EU countries (-2.6 percent).
2021-04-13
Bulgaria Trade Deficit Narrows in January
Bulgaria's trade deficit narrowed to BGN 256.3 million in January of 2021 from BGN 312.9 million in the corresponding month of the previous year. Exports fell 6.1 percent to BGN 4685.5 million, amid lower sales to non-EU countries (-22.6 percent), which were partially compensated by an increase in exports to EU countries (3.1 percent). Meantime, imports declined at a faster 6.8 percent to BGN 4941.8 million, dragged down by lower purchases from both EU (-1 percent) and non-EU countries (-15 percent).
2021-03-12

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.