Bulgaria: The export of our goods to the EU is decreasing

Published 2023년 10월 13일

Tridge summary

From January to July 2023, Bulgaria's exports to the EU decreased by 6.0% compared to the same period in 2022, reaching a total of BGN 33,154.1 million. The country's main trading partners within the EU are Germany, Romania, Italy, Greece, and France, accounting for 61.4% of exports. In terms of imports, there was no change during the same period, amounting to BGN 34,008.6 million from the EU, with Germany, Italy, Romania, Greece, and the Netherlands being the largest import sources. Consequently, Bulgaria's trade balance with the EU was negative at BGN 854.5 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the period January - July 2023, the export of goods from Bulgaria to the EU decreased by 6.0% compared to the same period in 2022 and amounted to BGN 33,154.1 million, according to the data of the National Statistics Office. Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which form 61.4% of exports to EU member states. In July 2023, exports to the EU decreased by 9.1% compared to the same month of the previous year and amounted to BGN 4,787.1 million. In the period January - July 2023, in the export of goods from Bulgaria to the EU, distributed according to the Standard Foreign Trade Classification, the greatest growth compared to the same period of 2022 was noted in the sectors "Various finished products, n.d." (17.1%). The biggest decline was observed in the sector "Fats, oils and waxes of animal and vegetable origin" (71.6%). The import of goods into Bulgaria from the EU during the period January - July 2023 is unchanged compared to the ...
Source: Dnes

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