Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian companies prefer to look for trading partners in Germany

Germany is Bulgaria’s main and biggest trading partner, preferred by 43 percent of Bulgarian companies, indicates a survey by the Bulgarian Chamber of Commerce and Industry.

In 2018 Germany came second, after China, but due to the trade disputes with USA, the language barrier and the long distance between the two countries, China has dropped behind. Turkey, Switzerland, Russia and the United Arab Emirates are the next countries in the top 5.

More than 77 percent of Bulgarian companies are interested in cooperation with foreign partners so as to increase their exports. Bulgarian businesses have an interest primarily in partnership with companies in the sphere of machines and equipment – 43 percent, services – 26 percent, food and drink – 24 percent, construction – 19 percent. But two-thirds of companies are not entirely familiar with the conditions for doing business and trading with the countries they want to have business relations with, the survey shows. 



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

Bulgaria ranks second in the EU for bathing water quality

According to data from the European Environment Agency published by the European Commission and reported by BNR correspondent in Brussels Angelina Piskova, Bulgaria ranks second in the EU for bathing water quality in 2024. The report states that 97.9%..

published on 6/20/25 5:45 PM

Bulgaria's accession to the euro area was given the green light by ECOFIN

The ministers of economy and finance of the EU member states unanimously backed the Eurogroup's recommendation that Bulgaria should join the euro area on 1 January 2026, Polish Finance Minister Andrzej Domański announced, as reported by BNR correspondent..

published on 6/20/25 5:38 PM

New law regulates the crypto-asset market in Bulgaria

The parliament has adopted the Crypto-Asset Markets Act on second reading. It regulates trading in this type of instrument according to European regulations, reporter Maria Fileva informed. The law gives the Financial Supervision..

published on 6/20/25 4:28 PM