Bulgaria’s trade deficit rose sharply to BGN 713.5 million in April of 2022 from BGN 176.6 million in the corresponding month of the previous year. Imports jumped by 37.5 percent to BGN 8362.2 million, edging down from an all-time high of BGN 8960.1 million hit last month. Purchases increased to both EU countries (23.6 percent) and non-EU countries (57.8 percent). Meanwhile, exports rose at a softer 29.6 percent year-on-year to BGN 7648.7 million amid higher sales to both EU (36 percent) and non-EU countries (16.8 percent), although it fell from a record peak of BGN 8097.5 million touched last month. source: National Statistical Institute, Bulgaria

Balance of Trade in Bulgaria averaged -668.35 BGN Million from 2000 until 2022, 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 June of 2022.

Balance of Trade in Bulgaria is expected to be -950.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Balance of Trade is projected to trend around -950.00 BGN Million in 2023, according to our econometric models.

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Bulgaria Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 08:00 AM Mar BGN-856.1M BGN-1043.6M BGN -950M
2022-06-13 08:00 AM Apr BGN-713.5M BGN-856.1M BGN-900M
2022-07-13 08:00 AM May BGN-713.5M


Related Last Previous Unit Reference
Balance of Trade -713.50 -862.60 BGN Million Apr 2022
Imports 8362.20 8960.10 BGN Million Apr 2022
Exports 7648.70 8097.50 BGN Million Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-713.50 -862.60 98.50 -2106.20 2000 - 2022 BGN Million Monthly

News Stream
Bulgaria Trade Gap Widens Sharply in April
Bulgaria’s trade deficit rose sharply to BGN 713.5 million in April of 2022 from BGN 176.6 million in the corresponding month of the previous year. Imports jumped by 37.5 percent to BGN 8362.2 million, edging down from an all-time high of BGN 8960.1 million hit last month. Purchases increased to both EU countries (23.6 percent) and non-EU countries (57.8 percent). Meanwhile, exports rose at a softer 29.6 percent year-on-year to BGN 7648.7 million amid higher sales to both EU (36 percent) and non-EU countries (16.8 percent), although it fell from a record peak of BGN 8097.5 million touched last month.
2022-06-13
Bulgaria Trade Gap Shrinks Slightly
Bulgaria’s trade deficit edged down to BGN 856.1 million in March of 2022 from BGN 866.7 million in the corresponding month of the previous year. Exports rose by 38.9 percent to an all-time high of BGN 8086.5 million, due to higher sales to both EU countries (49.5 percent) and other countries (19.6 percent). Meanwhile, imports surged by a softer 33.7 percent year-on-year to a record high of BGN 8942.6 million, amid higher purchases from both EU (32.2 percent) and non-EU countries (35.8 percent).
2022-05-12
Bulgaria Trade Gap Widens in February
Bulgaria’s trade deficit widened to BGN 1043.6 million in February of 2022 from BGN 372 million in the corresponding month of the previous year. Imports rose by 41.5 percent to an all-time high of BGN 7691 million, due to higher purchases from both EU countries (27.7 percent) and from other countries (65.2 percent). Meanwhile, exports surged by a softer 31.3 percent year-on-year to a record high of BGN 6647.4 million, as sales rose to both EU (31.8 percent) and non-EU countries (30.4 percent).
2022-04-13