Bulgaria experienced a notable increase in exports during the initial five months of 2026, with the total value reaching €18.8 billion. This marks a 7.4% rise compared to the same timeframe in the previous year, according to preliminary official data. However, imports surged at an even higher rate, climbing 12.8% year-on-year to €24.2 billion between January and May.
In the month of May alone, exports saw a 7.8% growth, amounting to €3.72 billion. Meanwhile, imports for the same month rose significantly by 17.4%, totaling €4.68 billion. The disparity between the growth rates of imports and exports during this period has led to a widening trade deficit.
Consequently, Bulgaria recorded a trade deficit of €5.4 billion for the first five months of 2026. The trade imbalance persisted into May, with a deficit of €957.9 million, underscoring the more rapid pace of import growth compared to exports.
This trend illustrates the evolving dynamics of Bulgaria’s international trade, where the demand for foreign goods and services continues to outpace the growth of the country’s exports. As the year progresses, the impact of this trade deficit on the nation’s economy and its potential implications for future economic policies will be closely monitored.