Financial and business news from Bulgaria

Bulgaria's total exports decreased by 7.8 per cent in January - November 2020.

In the period January - November 2020 the total exported goods amounted to 50 011.9 Million BGN from Bulgaria, which is 7.8 per cent less compared to the same period of 2019, preliminary data of the National Statistical Institute show. In November 2020 the total exports of goods amounted to 4 847.4 Million BGN and decreased by 9.6 per cent compared to the same month of the previous year.
In the period January - November 2020 the total number of goods in the country amounted to 54 484.0 million BGN (at CIF prices), or by 9.9 per cent less compared to the same period of 2019. In November 2020 the total imports of goods decreased by 0.5 per cent compared to the same month of the previous year and amounted to BGN 5 677.0 Million.

The total foreign trade balance (export FOB - CIF import) was negative during the period January - November 2020 and amounted to BGN 4,472.1 million. In November 2020 the total foreign trade balance (export FOB - CIF import) is also negative and amounts to BGN 829.6 million.

In the period January - November 2020 the exports of goods from Bulgaria to third countries decreased by 12.3 per cent compared to the same period of 2019 and amounted to 16 958.2 Million BGN. In November 2020 the exports of goods from Bulgaria to third countries decreased by 20.5 per cent compared to the same month of the previous year and amounted to 1 555.8 Million BGN.

Imports of goods in Bulgaria from third countries in the period January - November 2020 decreased by 9.6 per cent compared to the same period of 2019 and amounted to BGN 21 133.1 million (at CIF prices). In November 2020 the imports of goods into Bulgaria from third countries increased by 3.6 per cent compared to the same month of the previous year and amounted to BGN 2 149.3 million.

The foreign trade balance (export FOB - CIF import) of Bulgaria with third countries in the period January - November 2020 is negative and amounts to BGN 4 174.9 million. In November 2020 the foreign trade balance (export FOB - CIF import) with third countries is also negative and is worth BGN 593.5 million.

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