Balance of Trade in Bulgaria is expected to be -780.00 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 -103.93 in 12 months time. In the long-term, the Bulgaria Balance of Trade is projected to trend around -500.00 BGN Million in 2020, according to our econometric models.


Forecast Data Chart
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Bulgaria Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -112 -780 -590 0 -158 -500
Exports 4710 4620 5150 5410 4749 5650
Imports 4822 5400 5740 5410 4906 6150
Current Account 1062 -350 -50 300 450 -100
Current Account to GDP 4.5 2.5 1.5 1.5 1.5 1
External Debt 33805 34141 34327 34487 34626 35284
Capital Flows 806 469 520 509 509 510
Remittances 104 97.47 103 103 101 102
Tourist Arrivals 1324202 575000 1034300 1111600 1019100 587000
Gold Reserves 40.4 40.42 40.43 40.44 40.45 40.54
Terrorism Index 1.18 1.18 1.18 1.18 1.18 1.18
Weapons Sales 61 23.28 23.8 24.31 24.83 28.81
Foreign Direct Investment -56.8 33.65 32.15 32.82 32.73 32.74
Crude Oil Production 1 1 1 1 1 1