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

Bulgarian exports have gone up by 20% over past 5 years

Photo: archive

In 2020 Bulgaria exported commodities worth USD 31.8 billion, a drop of 4.4% compared to the pre-pandemic 2019 when exports amounted to USD 33.4 billion.  

Bulgaria climbs to 58th from 60th position in 2019 among all exporters globally. Within the EU, Bulgaria is in 21st position, in 2019 the country occupied 20th position, the Bulgarian Industrial Association has announced. Electronics accounted for the biggest share of exports in 2020 at USD 3.5 billion.

Over the past five years Bulgarian exports have increased by 20%. By way of comparison, exports in the world have marked a 3% increase over the same period, and a 7% drop in 2020. The increased competitiveness is due most of all to the international companies in Bulgaria, and to a lesser degree to local companies, the Association notes. 



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

Veselin Mitov

The closure of thermal power plants will make 120,000 people unemployed

120,000 people employed in coal-fired power plants are at risk of losing their jobs and are facing emigration, warn experts from the  Podkrepa  Confederation of Labour . Regarding the Green Deal, trade unionists exchanged experience with their..

published on 3/5/24 10:01 AM

Analysts warn of stagnation on the Bulgarian labor market

The state of the Bulgarian labor market at the end of 2023 points to a tendency towards stagnation. This is the conclusion of an analysis of the Institute for Market Economy.  As of mid-2021, the unemployment rate remains in the..

published on 3/2/24 10:51 AM

German automotive supplier to invest in Pleven plant 

The German company Kayser Automotive will invest in a production facility for components such as piping systems, valves and tank parts in Pleven, Bulgarian Property Developments (BPD) said. The amount of the investment was not disclosed. The factory..

published on 3/2/24 7:10 AM