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

Bird flu hits 40% of laying hens

Two million laying hens have been culled in Bulgaria since an outbreak of avian influenza began in October. Over 40% of laying hens are affected by the disease. These alarming figures were reported to BNR by Ivaylo Galabov, chairman of the Union..

published on 4/19/24 3:47 PM

First shipment of US nuclear fuel arrives in Bulgaria

The first shipment of fresh nuclear fuel for the Kozloduy nuclear power plant has arrived at the port of Varna - West. The fuel, manufactured by the US company Westinghouse, was delivered by the Dutch-flagged ship Adamas, public broadcaster BNT..

published on 4/19/24 3:33 PM

Commissioner Johansson inspects Schengen control measures at Sofia Airport

EU Commissioner for Home Affairs Ylva Johansson visited the border crossing at Sofia Airport. Bulgaria's caretaker Interior Minister Kalin Stoyanov, showed Ms Johansson the new organisation of work after Bulgaria's accession to Schengen by air. The..

published on 4/19/24 2:01 PM