Text size

Bulgarian business prefers to export to Germany and Turkey

published on 2/13/20 8:04 PM

38% of companies cite Germany as a country of interest in trade and partnership, according to a survey of the Bulgarian Chamber of Commerce and Industry. The Federal Republic is Bulgaria's largest trading partner. By October 2019, Bulgarian exports to Germany increased by 3.2% and exceeded EUR 3.6 billion, or 15% of all Bulgarian exports. Turkey retains its second place as a desired partner, with China and the US taking the third place, followed by Britain, Greece and Poland.

Bulgarian exports to Turkey have been declining due to the depreciation of the Turkish lira and the inability to buy the same quantities of goods there, but there has been an increase in imports.

With China, there is an increase in commodity exchange. Exports increased by 4.3%, imports by 12%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News

More from category

Hot and sunny Sunday with a gentle breeze

Overnight it will be clear and almost calm . Sunday will be sunny. Daytime temperatures will rise, with highs mostly between 31°C and 36°C, around 32°C in Sofia. It will be sunny over the mountains. There will be light winds from the east,..

published on 7/27/24 7:05 PM

Romania takes measures to reduce waiting times at the Friendship Bridge between Giurgiu and Ruse

The Romanian Border Police has ordered measures to ensure operational control and reduce waiting times at the border with Bulgaria at Giurgiu-Ruse , where heavy traffic is expected over the weekend, BTA reported, citing the Agerpres agency. An..

published on 7/27/24 4:41 PM

Mayor of Sofia aims to make capital a net zero carbon city by 2020

One of our ambitious goals is to make Sofia a net zero carbon city by 2030. This was announced by the Mayor of Sofia, Vasil Terziev, at the opening of the 61st session of the Intergovernmental Panel on Climate Change (IPCC). Bulgaria's capital city..

published on 7/27/24 1:22 PM