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Bulgaria’s trade with EU grows by 3.1 pct in 2019

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Bulgaria EU Export

Bulgaria’s exports to and imports from European Union (EU) grew by 2.9 percent and 3.1 percent year-on-year respectively in 2019, the country’s National Statistical Institute (NSI) said Thursday.

The total trade volume between Bulgaria and the other EU member states stood at 79.92 billion Bulgarian levs (BGN), up by 3.1 percent compared with the previous year, according to the NSI’s preliminary data.

Bulgaria’s main trading partners are Germany, Romania, Italy, Greece, France and Belgium. The six countries accounted for 66.5 percent of Bulgaria’s exports to EU member states in 2019, the NSI said.

Bulgarian exports to the EU in 2019 amounted to 38.78 billion BGN, the NSI said, adding that the largest growth in the exports was recorded in beverages and tobacco, which rose by 19.1 percent in comparison to the previous year.

Meanwhile, Bulgaria’s imports from the EU in 2019 reached 41.14 billion Bulgarian levs, the NSI said. (1 Bulgarian lev = 0.58 U.S. dollar)