Over the first four months of the year Bulgaria’s export of goods amounted to EUR 9.2 billion. According to the National Statistical Institute this is a 4.8% drop compared to the same period of 2019. Imports amount to EUR 9.9 billion or a decline of 8.5%. In April alone – the first full coronavirus crisis month – exports dropped by 19.5% or EUR 1.94 billion, and imports – by 30.8% or again EUR 1.94 billion. The foreign trade balance is negative for the period January-April, 2020, and amounts to EUR 685 million. Outside the EU, Bulgaria’s principal trade partners are Turkey, China, Great Britain, USA, Serbia, Russia and North Macedonia which form 52.8% of the exports to third countries.
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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