Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Export of goods from Bulgaria to third countries has declined: National Statistical Institute

The National Statistical Institute
Photo: BGNES

In January 2021 the export of goods from Bulgaria to third countries has gone down by 22.6 % compared to the same month of 2020, and stands at 700 million euro, BTA reports citing a study by the National Statistical Institute (NSI).

According to NSI data Bulgaria’s principal trading partners are Turkey, China, USA, Serbia, the UK, the Republic of North Macedonia and the Russian Federation, and they form 57.3% of its exports to third countries. The only sector in which an increase has been registered in the export of goods in January is food and live animals (12.8 %).

On the other hand the import of goods into Bulgaria from third countries in January 2021 declined by 15% compared to the same month of 2020, and stands at 900 million euro. Imports are biggest from Turkey, China, the Russian Federation, Peru, Serbia and Ukraine. With these countries an increase has been registered in only one sector – animal and vegetable oils, fats and waxes. Bulgaria’s external balance with third countries in January 2021 is negative, amounting to around 250 million euro. 




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

Bulgaria assumes new debt of 200 million euros

While ballots were being counted in Bulgaria and Europe after the parliamentary elections, on June 10 the Ministry of Finance sold government debt for nearly EUR 200 million. It was announced that bonds worth 100 million EUR would be..

published on 6/11/24 9:52 AM

At the beginning of 2024 economy reports weak growth with a drop in imports and exports

In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..

published on 6/7/24 11:59 AM

High number of unemployed youth and people who do not study troubles Bulgarian labor market

The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..

published on 6/4/24 5:44 PM