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

Bulgarian business is looking to hire 261,926 new workers and professionals

In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..

published on 10/24/24 11:42 AM

Bulgaria will apply method used in France and Spain to combat hail

There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said.  At a meeting with Claude Berthet,..

published on 10/24/24 11:21 AM

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

published on 10/24/24 9:15 AM