Bulgaria Balance of Trade - Forecast

Balance of Trade in Bulgaria is expected to be -70.00 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 -590.00 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.


Bulgaria Balance of Trade
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Bulgaria Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -513 -70 -90 -780 -590 -500
Exports 4173 4950 4820 4620 5150 5650
Imports 4686 5020 4910 5400 5740 6150
Current Account -63.1 52.1 85.69 55.03 62.83 63.87
Current Account to GDP 4.5 3.2 3.2 3.2 3 2.9
External Debt 33317 33419 33461 33495 33524 33678
Capital Flows 398 168 178 178 178 178
Remittances 103 105 96.24 95.86 98.81 98.25
Tourist Arrivals 701887 880700 843000 787900 800000 805000
Gold Reserves 40.4 40.41 40.42 40.43 40.45 40.57
Terrorism Index 1.18 0.68 0.66 0.64 0.55 1
Weapons Sales 61 26.69 24.99 23.28 23.8 28.81
Foreign Direct Investment 4.5 61.6 33.45 37.52 36.49 36.64
Crude Oil Production 1 1 1 1 1 1