Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian companies prefer to look for trading partners in Germany

Germany is Bulgaria’s main and biggest trading partner, preferred by 43 percent of Bulgarian companies, indicates a survey by the Bulgarian Chamber of Commerce and Industry.

In 2018 Germany came second, after China, but due to the trade disputes with USA, the language barrier and the long distance between the two countries, China has dropped behind. Turkey, Switzerland, Russia and the United Arab Emirates are the next countries in the top 5.

More than 77 percent of Bulgarian companies are interested in cooperation with foreign partners so as to increase their exports. Bulgarian businesses have an interest primarily in partnership with companies in the sphere of machines and equipment – 43 percent, services – 26 percent, food and drink – 24 percent, construction – 19 percent. But two-thirds of companies are not entirely familiar with the conditions for doing business and trading with the countries they want to have business relations with, the survey shows. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Prosecutor’s office is investigating Romanian citizens for illegal migrant trafficking

The Sofia City Prosecutor’s Office has initiated pre-trial proceedings regarding an organized criminal group for the trafficking of migrants, the prosecutor’s office has announced. Evidence was collected during the investigation regarding 16..

published on 11/25/24 2:51 PM
Chief Inspector Zornitsa Shumanova (L)

Domestic violence figures have been growing steadily

The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the Ministry of Interior announced on International Day for the Elimination of Violence against Women. A..

published on 11/25/24 2:36 PM
Sofia

Use of solid fuels will be banned in 9 Sofia regions

As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..

published on 11/25/24 2:11 PM