BGN 32.7 billion is the export to the EU

16.12.2021

BGN 32.7 BILLION IS THE EXPORT TO THE EU

During the period January - September 2021 the export of goods from Bulgaria to the EU increased by 23.7% compared to the same period of 2020 and amounted to BGN 32,790.0 million. Bulgaria's main trade partners are Germany, Romania, Italy, Greece, France and Belgium, which account for 69.4% of exports to EU member states.

In September 2021 the exports to the EU increased by 24.2% compared to the corresponding month of the previous year and amounted to 3 947.1 Million BGN.

In the period January - September 2021 in the export of goods from Bulgaria to the EU, distributed according to the Standard Foreign Trade Classification, the highest growth compared to the same period in 2020 was observed in the sectors "Animal and vegetable fats, oils and waxes origin” (128.6%) and “Mineral fuels, oils and related products” (39.6%). A decrease was observed only in the sector "Soft and alcoholic beverages and tobacco" (14.8%).

The import of goods in Bulgaria from the EU in the period January - September 2021 increased by 25.3% compared to the same period of 2020 and amounted to BGN 33,199.8 million (at CIF prices). The largest is the value of goods imported from Germany, Romania, Italy, Greece, the Netherlands and Hungary.

In September 2021 the imports of Bulgaria from the EU Member States increased by 27.4% compared to the same month of the previous year and amounted to 4 166.4 Million BGN.

In imports of goods from the EU, distributed according to the Standard Foreign Trade Classification, in the period January - September 2021 the largest increase compared to the same period last year was reported in the sector "Fats, oils and waxes of animal and vegetable origin" (131.5%). No decline was observed in any of the sectors.

The foreign trade balance (FOB exports - CIF imports) of Bulgaria with the EU in the period January - September 2021 was negative and amounted to BGN 409.8 million.