BULGARIAN ECONOMY
Bulgaria’s exports dropped 7.8% in January – November 2020 y/y
Bulgaria’s exports in January – November 2020 added up to about BGN 50 billion, a decrease of 7.8 per cent compared with January – November 2019, the National Statistical Institute (NSI) said on 13 January, citing preliminary data.
In November 2020 the total exports of goods from Bulgaria added up to BGN 4 847.4 million, a decrease of 9.6 per cent compared with November 2019.
The total value of all goods imported into Bulgaria in January – November 2020 was BGN 54.4 billion (at CIF prices), about 9.9 per cent less than the same period of 2019.
In November 2020, the total imports of goods into Bulgaria decreased by 0.5 per cent compared with November 2019, adding up to BGN 5.6 billion.
Bulgaria’s total foreign trade balance (exports FOB – import CIF) was negative in January – November 2020, amounting to BGN 4.4 billion.
In November 2020, the total foreign trade balance (exports FOB – import CIF) was also negative, adding up to BGN 829.6 million, the NSI said.
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