Bulgaria's Total Exports Increase by 19%, Imports by 23%

In the period January - May 2021, goods worth a total of BGN 26,355.3m were exported from Bulgaria, which is 19.4% more than in the same period of 2020, according to preliminary data from the National Statistical Institute. In May 2021 the total exports of goods amounted to BGN 5,084.7m and increased by 32.3% compared to the same month of the previous year.

During the period January - May 2021, a total of BGN 29,158.0m worth of goods were imported into the country (at CIF prices), or 23.1% more compared to the same period of 2020. In May 2021 the total import of goods increased by 46.7% compared to the same month of the previous year and amounted to BGN 5,991.3m.

The total foreign trade balance (exports FOB - imports CIF) was negative during the period January - May 2021 and amounted to BGN 2,802.7m. In May 2021 the total foreign trade balance (exports FOB - imports CIF) was also negative and amounted to BGN 906.6m.

During the period January - May 2021 the export of goods from Bulgaria to third countries increased by 12.1% compared to the same period of 2020 and amounted to BGN 8,742.1m.

In May the exports of goods from Bulgaria to third countries increased by 34.4% compared to the same month of the previous year and amounted to BGN 1,725.2m.

Imports of goods to Bulgaria from third countries in the period January - May 2021 increased by 20.2% compared to the same period in 2020 and amounted to BGN 11,280.7m (at CIF prices). The largest is the value of goods imported from Turkey, the Russian Federation, China and Ukraine. In May 2021 the imports of goods to Bulgaria from third countries increased by 41.2% compared to the same month of the previous year and amounted to BGN 2,310.8m.

The foreign trade balance (exports FOB -...