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Country intelligence · BGR · 2024

Bulgaria trade profile

In 2024, Bulgaria recorded $47.8B in merchandise exports and $52.5B in imports, producing a $4.7B trade deficit. Exports changed -0.6% from the previous year, while imports changed +0.0%.[1]

Exports

$47.8B

-0.6%

Imports

$52.5B

+0.0%

Trade balance

-$4.7B

deficit

Active partners

270

108 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$47.8B$52.5B-$4.7B-0.6%
2023$48.1B$52.4B-$4.4B-7.3%
2022$51.8B$55.4B-$3.6B+28.3%
2021$40.4B$44.3B-$3.9B+29.3%
2020$31.3B$33.6B-$2.3B-4.9%
2019$32.9B$36.3B-$3.5B+1.3%
2018$32.5B$37.2B-$4.7B+8.6%
2017$29.9B$33.7B-$3.8B+15.1%
2016$26.0B$28.8B-$2.8B+4.5%
2015$24.9B$28.9B-$4.0B-14.1%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 85 · Electrical machinery

261 active HS6 lines · 176 export partners

$4.9B
2

HS 74 · HS chapter

49 active HS6 lines · 106 export partners

$4.8B
3

HS 27 · Mineral fuels and oils

43 active HS6 lines · 101 export partners

$4.7B
4

HS 84 · Machinery

511 active HS6 lines · 178 export partners

$3.4B
5

HS 93 · HS chapter

18 active HS6 lines · 51 export partners

$2.3B
6

HS 10 · Cereals

26 active HS6 lines · 80 export partners

$1.7B
7

HS 87 · Vehicles

87 active HS6 lines · 154 export partners

$1.5B
8

HS 39 · HS chapter

129 active HS6 lines · 150 export partners

$1.4B

Leading export markets

Destinations rank bilateral export flows from Bulgaria; growth describes each corridor rather than the whole economy.

1

Germany

Annual change +6.9% · 3-year CAGR 3.7%

$6.9B
2

Romania

Annual change -2.5% · 3-year CAGR 4.8%

$5.4B
3

Italy

Annual change -4.6% · 3-year CAGR 3.5%

$3.5B
4

Poland

Annual change +58.3% · 3-year CAGR 42.0%

$2.7B
5

Türkiye

Annual change +8.1% · 3-year CAGR 2.8%

$2.7B
6

Greece

Annual change -7.7% · 3-year CAGR -0.3%

$2.6B
7

Ukraine

Annual change -37.7% · 3-year CAGR 42.7%

$1.4B
8

France

Annual change -0.2% · 3-year CAGR 0.3%

$1.4B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.

Data sourcesMethodologyOpen country workspace