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.