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Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |

Bulgarian exports have gone up by 20% over past 5 years

In 2020 Bulgaria exported commodities worth USD 31.8 billion, a drop of 4.4% compared to the pre-pandemic 2019 when exports amounted to USD 33.4 billion.   Bulgaria climbs to 58 th from 60 th position in 2019 among all exporters globally...

27.07.21 13:58 |

Bulgaria exports herbs to over 50 countries worldwide, mostly to Germany

In 2020, Bulgarian export of herbs dropped by about 20% to less than 9,000 tons, data from the Bulgarian Association of Herbalists, quoted by "Bulgarian Farmer" show. However, export of medicinal plants to more than 50 countries..

06.04.21 07:10 |

External debt has increased by 2.3 billion Leva in past year of coronavirus pandemic

A drop in export by 8% and in import by 10%, a rise in the unemployment rate by 170,000 lost jobs and a growth of the external debt by 2.3 billion Leva – this is the picture of the past year of coronavirus pandemic, said Radosvet Radev ,..

14.03.21 13:32 |

Export of goods from Bulgaria to EU declines by 4.1%

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..

12.03.21 13:42 |
The National Statistical Institute

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

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..

12.03.21 12:57 |
Lachezar Dinev

Bulgaria's exports to China increase by 10%

Bulgaria's exports to China increased by 10%, Lachezar Dinev, Chairman of the Bulgaria-China Chamber of Commerce and Industry reported. 99% of this growth is formed by exports of copper cathodes and corn. Until October, exports of copper cathodes..

28.12.20 12:40 |
Bulgarian National Bank

Foreign investment shrinks amid pandemic, Bulgarian National Bank reports

Bulgarian exports fell by more than 1.8 billion euros in the period from January to October compared to the first ten months of 2019, data of the Bulgarian National Bank shows. Imports for the same period shrank by 2.9 billion euros.  The exports of..

16.12.20 17:56 |

The positive trade balance supports Bulgaria's economic growth

Economic growth in Bulgaria has slowed in the first quarter of 2020, mainly due to weaker final consumption even before the coronavirus pandemic, which severely affected both Bulgaria and the economies of Bulgaria's main trading partner s. This is..

04.06.20 13:19 |

European market may close door for Bulgarian honey, beekeepers worry

There is a real risk that 45,000 tons of honey from South America would enter the European market through duty-free imports, the Association of Producers of Organic Bee Products warn. This could happen due to a trade agreement between the EU and..

08.08.19 15:32 |
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