According to data from the National Statistical Institute for the period January – November 2021, Bulgaria’s exports increased by 23.3% compared to the same period in 2020. Exported goods amounted to a total of BGN 61,992.4 million. 26.3% and value of imported goods of BGN 69,356.5 million.
Trade with EU countries and third countries
Exports of goods from Bulgaria to the EU increased by 24.1% and amounted to BGN 37,006.8 million. The country exports mainly to Germany, Romania, Italy, Greece, France and Belgium. These countries account for 68.9% of Bulgaria’s exports to EU markets. The highest growth was noticed in the sectors ‘Animal and vegetable oils, fats and waxes’ (117.8%) and ‘Mineral fuel, lubricants and related materials’ (69.8%). A decrease was recorded only in the sector “Soft and alcoholic beverages and tobacco” (17.1%).
Imports of goods to Bulgaria from the EU increased by 25% and amounted to BGN 37,318.2 million. The largest volumes of imports were from Germany, Romania, Italy, Greece, the Netherlands and Hungary. The largest increase was recorded in the sector ‘Animal and vegetable oils, fats and waxes’ (134.6%). No decline was observed in any of the sectors.
NSI data on exports and imports to the EU is for the period January – October 2021 and is a comparison with the same period for 2020.
The latest data of the Institute for Import and Export to Third Countries cover the period January-November 2021. Exports of goods from Bulgaria to third countries increased by 20% and amounted to BGN 20,593.9 million. Bulgaria’s main trade partners are Turkey, China , USA, Serbia, United Kingdom, Republic of Northern Macedonia, Russian Federation and Ukraine. Exports to these countries formed 58.9% of the total volume. The largest increase was in the sector ‘Mineral fuel, lubricants and related materials’ (35.9%), and a decrease was observed only in ‘Beverages and tobacco’ (10.9%).
For the same period, January – November 2021, the import of goods in Bulgaria from third countries increased by 27.8% and amounted to BGN 27,522.2 million. The largest are the amounts from Turkey, the Russian Federation, China and Ukraine. The largest increase was reported in the sectors ‘Mineral fuel, lubricants and related materials’ (63.8%) and ‘Manufactured goods classified chiefly by material’ (38.1%), while there was a decrease reported in the sector ‘Animal and vegetable oils, fats and waxes’ (9.1%).