Bulgaria

In 2013, the value of merchandise exports of Bulgaria increased substantially by 10.5 percent to reach 29.5 bln US$, while its merchandise imports increased slightly by 4.8 percent to reach 34.3 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 4.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG CIS at -5.8 bln US$ (see graph 4). Merchandise exports in Bulgaria were diversified amongst partners; imports were also diversified. The top 22 partners accounted for 80 percent or more of exports and 15 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Bulgaria decreased slightly by 0.9 percent, reaching 7.4 bln US$, while its imports of services increased slightly by 3.8 percent and reached 4.4 bln US$ (see graph 2). There was a moderate trade in services surplus of 3.0 bln US$.

Related Subject(s): International Trade and Finance

Countries: Bulgaria