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

BIA: Which are Bulgaria's leading foreign markets?

Photo: Pixabay

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 Bulgaria's exports. This is shown by data from an analysis of the Bulgarian Industrial Association (BIA).
We have the largest positive trade balance with Greece - USD 525 million, followed by Germany, Tunisia, Great Britain, USA. The biggest negative trade balance of Bulgaria is with Russia to the tune of USD 3,146 billion, with a total trade deficit of Bulgaria of USD 3,937 billion.
The main markets for more value-added goods are the large economies in the EU, but often from there Bulgarian products are sold all over the world.
The increased competitiveness of Bulgaria's production is mainly due to international companies in Bulgaria and less to local companies. Successful Bulgarian companies are those that work mainly for foreign markets and are not subject to significant regulatory burden, the analysis 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

Rositsa Mateva

CEC Deputy Chair Mateva: Recalculation of election results should be ready by the end of next week

"We hope that by the end of next week, the calculations will be completed and the results will be submitted to the Constitutional Court", Central Election Commission (CEC) Deputy Chair Rositsa Mateva told public broadcaster BNT regarding the..

published on 2/28/25 11:22 AM

The number of pensioners has increased by 15,630 people

The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social Security Institute informed. More than 2 million people live on pensions whose average value is..

published on 2/28/25 10:16 AM

Prosecutor General Sarafov asks Parliament to lift the immunity of four MPs from Vazrazhdane

Acting Prosecutor General Borislav Sarafov submitted a proposal to the National Assembly to strip the immunity from four MPs from "Vazrazhdane" due to acts of vandalism during the protest in front of the European Commission building in Sofia. These..

published on 2/28/25 8:50 AM