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

Bulgarian companies prefer to look for trading partners in Germany

Germany is Bulgaria’s main and biggest trading partner, preferred by 43 percent of Bulgarian companies, indicates a survey by the Bulgarian Chamber of Commerce and Industry.

In 2018 Germany came second, after China, but due to the trade disputes with USA, the language barrier and the long distance between the two countries, China has dropped behind. Turkey, Switzerland, Russia and the United Arab Emirates are the next countries in the top 5.

More than 77 percent of Bulgarian companies are interested in cooperation with foreign partners so as to increase their exports. Bulgarian businesses have an interest primarily in partnership with companies in the sphere of machines and equipment – 43 percent, services – 26 percent, food and drink – 24 percent, construction – 19 percent. But two-thirds of companies are not entirely familiar with the conditions for doing business and trading with the countries they want to have business relations with, the survey 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

Farmers donate produce to farmers affected by wildfires

Farmers are donating 19 trucks of their produce for the farmers from Southern Bulgaria affected by the wildfires. The Ministry of Agriculture and the Southwestern State Enterprise are helping the national association United Farmers transport the..

published on 7/29/24 3:48 PM

Old minefield is hampering efforts to extinguish fire on Greek-Bulgarian border

The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join the efforts in the coming two days , caretaker Prime Minister Dimitar Glavchev said, and went on to..

published on 7/29/24 2:07 PM

Explosion at cellulose factory near Svishtov, the fire has been extinguished

An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior Minister Kalin Stoyanov said.  The incident took place at around 11 am. The fire has now been fully..

published on 7/29/24 1:55 PM