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Bulgaria Net Trade (Goods & Services, BoP)

Bulgaria's net trade (goods & services, bop) fell to $2.63 billion in 2024, down from $4.26 billion in 2023, according to World Bank. This represents a decrease of 38.2% ($1.63 billion) from the previous year. Bulgaria has net trade (goods & services, bop) higher than the global median ($2.63 billion vs median -$215.12 million). Compared with the median in Europe, Bulgaria is higher ($2.63 billion vs regional median $1.60 billion) and ranks 21st out of 44 countries in Europe.

Yearly Historical Data (1980-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 2.63
2023 4.26
2022 0.98
2021 2.13
2020 1.75
2019 2.28
2018 1.71
2017 2.65
2016 2.7
2015 0.47
2014 0.15
2013 -0.39
2012 -1.89
2011 0.17
2010 -1.63
2009 -3.92
2008 -10.62
2007 -8.95
2006 -5.84
2005 -4.45
2004 -2.9
2003 -2.06
2002 -1.21
2001 -1.33
2000 -0.67
1999 -0.77
1998 -0.01
1997 0.55
1996 0.31
1995 0.27
1994 -0.01
1993 -0.94
1992 -0.31
1991 -0.12
1990 -1.08
1989 -0.25
1988 -0.08
1987 -0.51
1986 -0.86
1985 -0.11
1984 0.51
1983 0.06
1982 0.29
1981 0.29
1980 1.31
Bulgaria Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Bulgaria, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $46.65B $47.9B 2024
Annual Imports $53.81B $53.53B 2024
Exports (% GDP) 55.81% 61.89% 2024
FDI Inflows (% GDP) 3.12% 5.45% 2024
Imports (% GDP) 53.48% 57.78% 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 109.29% 119.67% 2024