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

Bulgaria calls for fair distribution of agricultural payments in the EU

During the Agriculture and Fisheries Council meeting in Luxembourg, Bulgaria and the other 26 EU Member States supported the request that the future Common Agricultural Policy after 2027 should resolve the issue of unfair..

published on 10/23/24 8:50 AM

Writer Christine Leunens meets the Bulgarian audience

Writer Christine Loenens will present her latest novel "In Amber's Wake". The meeting is today at 19.00 in Sofia's "Central Halls". Christine Loenens who has dual New Zealand and Belgian citizenship is the author of 4 novels..

published on 10/23/24 8:15 AM

Finance Minister Lyudmila Petkova attends World Bank and IMF meetings

Deputy Prime Minister and Finance Minister Lyudmila Petkova is attending the regular annual meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) in Washington, USA. The Bulgarian delegation includes the..

published on 10/23/24 7:45 AM