Text size

Foreign investment shrinks amid pandemic, Bulgarian National Bank reports

published on 12/16/20 5:56 PM

Bulgarian National Bank

Photo: Ani Petrova, BNR

Bulgarian exports fell by more than 1.8 billion euros in the period from January to October compared to the first ten months of 2019, data of the Bulgarian National Bank shows. Imports for the same period shrank by 2.9 billion euros.

The exports of goods for the first ten months of the year amount to over 22.5 billion euros, as the decrease compared to the same period in 2019 is 7.5 percent. Imports have decreased by 10.9%, as by the end of October imports amounted to 23.6 billion euros.

The trade balance is negative, but on an annual basis the deficit shrinks to two percent.

Foreign direct investment amounted to EUR 665.8 million by October, decreasing by EUR 455.5 million or 40.6% compared to the same period in 2019, according to BNB data, quoted by the BNR.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy BNB Bulgarian National Bank export foreign direct investment import investment

More from category

The pig farming industry in Bulgaria is experiencing growth

The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..

published on 4/15/25 3:18 PM

NSI: Agricultural net income down by 1.1% over the year

The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year. This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural..

published on 4/14/25 2:26 PM

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..

published on 4/12/25 4:04 PM

WEATHER

Pick city: Sofía

Overcast, rain
Min: 8 | Max: 12

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

NSI: Agricultural net income down by 1.1% over the year

The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year...

published on 4/14/25 2:26 PM

The pig farming industry in Bulgaria is experiencing growth

The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific,..

published on 4/15/25 3:18 PM

Share

Foreign investment shrinks amid pandemic, Bulgarian National Bank reports

More from category

The pig farming industry in Bulgaria is experiencing growth

NSI: Agricultural net income down by 1.1% over the year

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

NSI: Agricultural net income down by 1.1% over the year

The pig farming industry in Bulgaria is experiencing growth