In January 2021 the export of goods from Bulgaria to third countries has gone down by 22.6 % compared to the same month of 2020, and stands at 700 million euro, BTA reports citing a study by the National Statistical Institute (NSI).
According to NSI data Bulgaria’s principal trading partners are Turkey, China, USA, Serbia, the UK, the Republic of North Macedonia and the Russian Federation, and they form 57.3% of its exports to third countries. The only sector in which an increase has been registered in the export of goods in January is food and live animals (12.8 %).
On the other hand the import of goods into Bulgaria from third countries in January 2021 declined by 15% compared to the same month of 2020, and stands at 900 million euro. Imports are biggest from Turkey, China, the Russian Federation, Peru, Serbia and Ukraine. With these countries an increase has been registered in only one sector – animal and vegetable oils, fats and waxes. Bulgaria’s external balance with third countries in January 2021 is negative, amounting to around 250 million euro.
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the..
Partly Cloudy
Mostly Cloudy
Clear