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

Greece approves extradition of a Bulgarian to USA over charges of smuggling banned products to Russia

Greece will extradite to the USA a Bulgarian arrested on charges of creating and participating in a criminal group for smuggling. The Greek Supreme Court has confirmed the extradition of the Bulgarian citizen who was detained in..

published on 7/25/24 11:46 AM

No agreement in parliament whether MPs should work in August

There is no agreement among the parliamentary groups on whether the National Assembly should work throughout the month of August or go on vacation. This became clear after the council on Thursday. Only "There is Such a People" (ITN)..

published on 7/25/24 10:42 AM

Bulgaria hosts conference on climate risks in the Black Sea region

The Bulgarian Academy of Sciences and the Municipality of Sofia are hosting a scientific conference on "Climate Risks in the Black Sea Region", which is held on July 25 and 27. Internationally recognized scientists from Bulgaria and..

published on 7/25/24 8:05 AM