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Bulgaria's Trade Balance Turns Negative as Exports and Imports Fall
In 2023, Bulgaria's exports totaled 86.9 billion leva, reflecting a decline of 6.5% compared to the previous year. The National Statistical Institute reports that the most significant growth in exports occurred in January, with an 18% increase, while the steepest decline was seen in June, dropping by 15.5%.
Bulgaria’s Foreign Trade Declines as Exports and Imports Drop in 2024
Bulgaria's foreign trade has been experiencing a decline since the start of the year, according to recent data from the National Statistical Institute.
Bulgaria Had Negative Balance of Trade in January-February
According to preliminary figures of the National Statistical Institute (NSI) released on Monday, Bulgaria had a negative balance of trade with the EU and third countries in the first two months of this year.
In January 2016, Bulgarian exports to the EU exceeded BGN 2.2 B, which represented a decrease of 1.4 % compared to the same month last year.