Bulgaria’s Trade Deficit Shrinks by Nearly 31% in 2020

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The deficit in Bulgaria’s foreign trade last year amounted to BGN 5.202 billion, according to preliminary data from the National Statistical Institute (NSI).

For comparison, in the period from January to December 2019 the foreign trade balance (exports FOB – imports CIF) was in the red by BGN 7.530 billion, which means that the decrease is nearly 31%.

In December alone, the balance was in the red by BGN 726.5 million. Trade for one year Last year, the exported Bulgarian goods were worth BGN 54.450 billion, which is 6.9% less than in 2019.

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