In the year (2022) when Russia invaded Ukraine, the defending country became the second most important destination for Bulgarian exports outside the EU, replacing traditional trade partners such as Serbia and the United States, data of the National Statistical Institute show. Exports to Ukraine have reached a record EUR 1.15 billion compared to EUR 406 million in 2021. Fuels, mainly diesel, accounted for more than half of Bulgaria’s exports to Ukraine, followed by medicines, sanitary and hygienic materials and food.
Turkey remains Bulgaria's biggest trading partner outside the EU, having imported Bulgarian goods worth EUR 2.78 billion. Serbia is the third most important destination for Bulgarian exports outside the EU. Bulgarian exports to Serbia reached EUR 1.13 billion in 2022.
The benefits for Bulgaria from full entry into Schengen are estimated at over 800 million euros per year. The largest benefits will be for manufacturers and exporters. But while this macroeconomic effect is awaited, the benefits are already being felt..
On Monday, a section of the international road E-75 in Serbia will be blocked, the situation center of the Ministry of Foreign Affairs announced. The blockade is expected to be at the "Autokomanda" road junction, which is part of the..
On Monday, the lowest temperatures will be between minus 1 and 4°C; in Sofia – around 0°C. During the day, it will be mostly sunny. Before noon, in places in the valleys there will be fog or low cloudiness. The highest temperatures..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
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