During the January-August 2021 period, Bulgaria has increased its export of commodities to the EU by 23.5% compared to the same period of 2020, to reach 28.796 billion Leva (14.723 billion euro). Imports from the EU have also gone up by 25%, to reach 29.026 billion Leva (14.841billion euro).
Bulgaria’s principal trading partners are Germany, Romania, Italy, Greece, France and Belgium which account for 69.6% of the exports of the EU member countries, National Statistical Institute data show.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single..
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