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

Export of goods from Bulgaria to EU declines by 4.1%

Photo: archive

In 2020 the export of goods from Bulgaria to the EU has gone down by 4.1% compared to 2019, and amounts to over 18.3 billion euro, BTA reports.

According to data of the National Statistical Institute Bulgaria’s principal trading partners are Germany, Romania, Italy, Greece, France and Belgium which form 70.2 % of the export to the EU countries. In December 2020 the export of goods from Bulgaria stands at around 1,390 million euro. The biggest increase registered in the export of goods from Bulgaria to the EU in 2020 is in the sectors - animal and vegetable oils, fats and waxes (32.3 %), and non-alcoholic and alcoholic beverages and tobacco (23%). The biggest decline is in the sector mineral fuels, oil and similar products (42.7 %). The import of goods to Bulgaria from the EU in 2020 dropped by 9.2 %, amounting to over 18 billion euro. The biggest imports are from Germany, Romania, Italy, Greece and the Netherlands. In December 2020 the import of goods to Bulgaria from the EU countries went up by 1.3 % compared to the same month of the previous year and stands at over 1,500 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

Bulgarian National Bank building

Within the framework of the budget deficit the government takes on new 3-year debt

The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..

published on 5/28/24 9:19 AM

BNB reminds why the real estate market should not be overheated with mortgages

The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..

published on 5/27/24 12:44 PM

Standard & Poor's confirms Bulgaria's rating and positive outlook

The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive.  If a stable..

published on 5/25/24 10:50 AM