Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

BIA: Which are Bulgaria's leading foreign markets?

Photo: Pixabay

The most important market for the Bulgarian economy is Germany - with 14.8% of total exports. It is followed by Romania, Italy, Turkey, Greece, France, Belgium, China, Spain, the Netherlands. These 10 partners account for the markets for 59.6% of Bulgaria's exports. This is shown by data from an analysis of the Bulgarian Industrial Association (BIA).
We have the largest positive trade balance with Greece - USD 525 million, followed by Germany, Tunisia, Great Britain, USA. The biggest negative trade balance of Bulgaria is with Russia to the tune of USD 3,146 billion, with a total trade deficit of Bulgaria of USD 3,937 billion.
The main markets for more value-added goods are the large economies in the EU, but often from there Bulgarian products are sold all over the world.
The increased competitiveness of Bulgaria's production is mainly due to international companies in Bulgaria and less to local companies. Successful Bulgarian companies are those that work mainly for foreign markets and are not subject to significant regulatory burden, the analysis shows.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian Embassy in USA hosts reception for the oldest Jewish organization B'nai B'rith

The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..

published on 10/28/25 11:20 AM
Vanya Grashkina-Mincheva

There is an increase in requests for recognition of student diplomas obtained abroad

Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..

published on 10/28/25 11:06 AM

President Rumen Radev meets with the Bulgarian community in the Kingdom of Saudi Arabia

Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..

published on 10/28/25 10:41 AM