Bulgaria recorded a trade surplus of BGN 104.5 million in June 2019 compared to a BGN 281.5 million gap a year earlier. This was the largest trade surplus since September 2017, as imports slipped 13.6 percent to BGN 4,419.9 million, dragged down by lower purchases from non-EU countries (-30.6 percent) and the EU (-3.5 percent). Meanwhile, exports decreased at a softer 6.4 percent to BGN 4,524.4 million, as sales to the EU and non-EU countries fell 3.6 percent and 11.7 percent, respectively. In the first six months of the year, the country's trade gap narrowed to BGN 579.2 million from BGN 2,201.5 million, as shipments surged 6.3 percent and imports grew only 0.7 percent. Balance of Trade in Bulgaria averaged -485.46 BGN Million from 2000 until 2019, reaching an all time high of 411.70 BGN Million in July of 2017 and a record low of -1862.90 BGN Million in October of 2008.

Balance of Trade in Bulgaria is expected to be -40.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Bulgaria to stand at -340.00 in 12 months time. In the long-term, the Bulgaria Balance of Trade is projected to trend around -1200.00 BGN Million in 2020, according to our econometric models.

Bulgaria Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-13 08:00 AM Balance of Trade Mar BGN-61.4M BGN-138.6M BGN-240M
2019-06-11 08:00 AM Balance of Trade Apr BGN -186.3M BGN-170M BGN-420M
2019-07-12 08:00 AM Balance of Trade May BGN-177.4M BGN-142.6M BGN-220M
2019-08-12 08:00 AM Balance of Trade Jun BGN 104.5M BGN-185.4M BGN-300M
2019-09-12 08:00 AM Balance of Trade Jul BGN 104.5M BGN-120M
2019-10-10 08:00 AM Balance of Trade Aug BGN 80M
2019-11-12 09:00 AM Balance of Trade Sep BGN-40M


Bulgaria Trade Last Previous Highest Lowest Unit
Balance of Trade 104.50 -185.40 411.70 -1862.90 BGN Million [+]
Current Account 328.60 157.00 1029.50 -1166.80 EUR Million [+]
Current Account to GDP 4.60 6.40 6.40 -24.10 percent [+]
Imports 4419.90 4832.30 5787.30 824.50 BGN Million [+]
Exports 4524.40 4646.90 5389.90 607.60 BGN Million [+]
External Debt 33798.30 33964.80 39435.60 9401.10 EUR Million [+]
Capital Flows 196.50 -10.00 985.20 -2825.50 EUR Million [+]
Remittances 119.70 105.30 119.70 50.80 EUR Million [+]
Tourist Arrivals 1537033.00 946721.00 3531567.00 237256.00 [+]
Gold Reserves 40.40 40.40 40.40 39.56 Tonnes [+]
Terrorism Index 0.32 1.18 3.09 0.00 [+]
Weapons Sales 7.00 30.00 167.00 1.00 USD Million [+]
Foreign Direct Investment -2.80 -91.40 1018.40 -414.00 EUR Million [+]
Crude Oil Production 1.00 1.00 1.10 0.60 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Bulgaria Balance of Trade

Bulgaria exports mostly fuels, manufactured goods (clothing, footwear), machinery and transport equipment and chemicals. Bulgaria's main exports partners are Germany,Turkey, Italy, Greece and Romania. Bulgaria imports fuels, machinery and transport equipment, metals, raw materials. Bulgaria's main imports partners are Russia, Germany, Romania and Italy. This page provides - Bulgaria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
104.50 -185.40 411.70 -1862.90 2000 - 2019 BGN Million Monthly




Country Last Previous
Argentina 1061.00 Jun/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 450.50 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -2110200.00 May/19
Switzerland 3251.00 Jun/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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