Between January and November 2018 Bulgaria’s exports to the EU rose 9.5% year on year to over EUR 17.9 billion, data of the National Statistical Institute show. Germany Italy, Romania, Greece, France and Belgium were biggest EU importers of Bulgarian produce- 67.5% of Bulgaria’s export to the European Union was to these six countries. Meanwhile, imports from the EU increased with 6.8% to over EUR 18.8 billion. Bulgaria’s exports to non-EU countries saw a double-digit decrease (12.5%) to nearly EUR 9 billion. Turkey, China, Serbia, the USA, North Macedonia and Russia were the biggest non-EU importers of Bulgarian produce- 52.6% of Bulgaria’s total exports to non-EU countries. Bulgaria’s total export from January until November last year increased with 1.2% to EUR 28.3 billion. The total imports rose 6.3% to EUR 32,184 billion. Bulgaria’s foreign trade balance is negative to the tune of EUR 1.655 billion.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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