Bulgarian exports continue to grow and in 2022 reached 50.25 billion US dollars, or 21% more in comparison to 2021, according to an analysis by the Bulgarian Industrial Association. Bulgaria climbed to 57th place in the world in terms of exports from 59th place a year earlier. It retains 20th place in the EU. For 5 years, exports have grown by an average of 11% annually. This means that Bulgaria continues to gain positions on world markets.
Bulgaria has a positive trade balance in 7 out of 10 leading export markets, including Germany, Italy, France, Belgium. The biggest negative balance is with Russia, China, Turkey and the Netherlands. Raw materials and energy carriers make up 1/3 of exports, but the export of electrical equipment, electronics, machines and devices is also on the rise.
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting with aviation industry representatives. Minister Karadjov emphasized that he supports the idea..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..
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