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Government has called on trade attachés to increase activities

Minister of Economy Kiril Petkov and Minister of Tourism Stella Baltova have held a video conference meeting with the trade attachés of Bulgaria. The ministers called for hard work in order to present the country as a first-class destination for..

02.06.21 11:48 |

Increased exports and consumption in first quarter of 2021 increase GDP by 2.5%

The Bulgarian economy grew in the first quarter of 2021 by 2.5% compared to the last quarter of 2020 , when a growth of 2.2% was also registered, the National Statistical Institute has announced. Bulgaria's GDP still remains 1.8 percent lower,..

18.05.21 11:59 |

Bulgaria is a gateway to Europe for Turkey’s business

Trade between Turkey and Bulgaria amounts to USD 4.5 billion per year. Turkey’s exports to Bulgaria is to the tune of nearly USD 2.4 billion per year, whereas Bulgaria’s exports to Turkey amounts to USD 2.1 billion. In 2021, we are planning to increase..

08.02.21 13:52 |

Bulgaria’s trade with EU down

Between January and July 2020 Bulgaria’s export of goods to the EU contracted by 6.5% as compared to the same period last year to nearly EUR 10.5 billion. The largest amounts were reported for the goods exported to Germany, Romania, Italy, Greece,..

12.10.20 13:22 |

Decline in Bulgarian imports and exports continues on account of pandemic

Bulgarian exports and imports have continued their decline, National Statistical Institute data show. Because of the pandemic Bulgaria’s total exports went down in July by 10.7%  to 2.446 billion euro  compared to a year earlier. The..

14.09.20 13:42 |

Industrial production in Bulgaria continues to decline: Eurostat

In May 2020 industrial production in the EU increased with 11.4%, thus making up for some of the collapse registered in the previous two months caused by the Covid-19 pandemic . However, industrial production in Bulgaria in May continued to..

14.07.20 17:50 |

Bulgaria’s total exports decline

Bulgaria’s total exports in the first 5 months of 2020 has decreased with 8.1% to nearly EUR 10.5 billion as compared to the same period in 2019 which was due to the coronavirus epidemic, preliminary data of the National Statistical Institute show...

13.07.20 12:44 |

Over Covid-19, in April the economy shrank year-on-year

The industrial production index, turnover in retail trade and exports have marked a considerable drop in April, compared to the same month of 2019. April is the first full month of lockdown in the country, which explains the 19.9% drop in trade..

06.07.20 13:18 |

Record slump in Bulgarian export in April due to Covid-19

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..

11.06.20 15:27 |

Bulgaria ranks 60th in the world when it comes to exports

Bulgarian exports set a new record in 2019 totaling 33.9 billion USD and this country already ranks 60 th in the world as in 2018 it held the 64 th position. Bulgaria ranks immediately after Angola (oil exports 98%) and before Algeria..

08.06.20 13:35 |
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