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Photo: Bulgarian Embassy in Sarajevo

Trade between Bulgaria and BiH has increased by 27% in 2021, says Sofia’s ambassador to Sarajevo Valeri Yotov

Bulgaria was the first country to recognise the independent and sovereign Bosnia and Herzegovina (BiH) in early 1992. Diplomatic relations between the two countries were established in January 1996. Two months later Bulgaria opened its embassy in..

19.07.22 17:10 |
Bulgaria's Deputy Premier Mariana Nikolova

Negative trade balance with China is problem for Bulgaria

Bulgaria and its business welcome any serious intention of Chinese companies to invest in Bulgaria in accordance with the EU rules. The active efforts aimed at overcoming the long-standing negative trade balance, which is a real problem for..

09.02.21 18:01 |

BIA: Which are Bulgaria's leading foreign markets?

The most important market for the Bulgarian economy is Germany - with 14.8% of total exports. It is followed by Romania, Italy, Turkey, Greece, France, Belgium, China, Spain, the Netherlands. These 10 partners account for the markets for 59.6% of..

09.06.20 12:06 |

The positive trade balance supports Bulgaria's economic growth

Economic growth in Bulgaria has slowed in the first quarter of 2020, mainly due to weaker final consumption even before the coronavirus pandemic, which severely affected both Bulgaria and the economies of Bulgaria's main trading partner s. This is..

04.06.20 13:19 |
Lachezar Dinev from the Bulgarian-Chinese Chamber of Commerce

Bulgaria registers positive trade balance with China

For the first time in years, Bulgaria has a positive trade balance with China. For the first 3 months of the year, Bulgarian exports have increased by 11% and Chinese imports fell by 21%. This gives us optimism that we can export more merchandise to..

11.05.20 17:07 |

Bulgaria’s trade balance in 2018 is negative

Between January and November 2018 Bulgaria’s exports to the EU rose 9.5% year on year to over EUR 17.9 billion, data of the National Statistical Institute show. Germany Italy, Romania, Greece, France and Belgium were biggest EU importers of Bulgarian..

12.02.19 13:27 |

Bulgaria’s trade balance between January and November 2018 is negative: NSI

Between January and November 2018 Bulgaria’s exports increased with 1.5% as compared to the same period in 2017 to EUR 26.136 billion, the National Statistical Institute informs. Meanwhile, imports rose 7.7% to EUR 29, 684 billion. The total trade..

11.01.19 12:21 |

Bulgaria’s trade balance is negative and amounts to 3.5% of GDP: Bulgarian National Bank

Between January and October 2018 Bulgaria’s trade balance was negative to the tune of EUR 1.829 billion (3.5% of the country’s gross domestic product), whereas in the same period last year the trade balance was negative and amounted to EUR 251.9..

19.12.18 09:56 |

Bulgaria’s export down, import up: National Statistical Institute

In February 2018 Bulgaria’s export fell with 5.3% as compared to the same month in 2017 to EUR 1.957 billion, preliminary data of the National Statistical Institute show. Meanwhile, the total import increased with 3.1% to EUR 2.334 billion. Thus, the..

12.04.18 12:27 |

Bulgaria’s exports to EU increase, trade balance remains negative

Between January and November 2016 Bulgaria’s exports increased with 6.8% year on year to EUR 14.8 billion, the National Statistical Institute informs. 64% of the country’s exports were directed to Germany, Italy, Romania, Greece and France. Meanwhile,..

08.02.17 12:21 |
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