site.btaBulgaria’s Trade Balance Shows EUR 422 Mln Deficit in June

This country’s trade balance for June was negative, amounting to EUR 422 million, compared to a deficit of EUR 203.5 million in June 2024, the Bulgarian National Bank (BNB) said here on Monday. For January-June 2025, the trade balance showed a deficit of EUR 3.8354 billion (3.4% of GDP), against EUR 2.1207 billion (2% of GDP) for the same period of 2024.

Exports of goods amounted to EUR 3.577 billion in June, down by EUR 78.6 million (2.2%) from June 2024 (EUR 3.6556 billion). In the first half of 2025, exports reached EUR 20.2172 billion (18% of GDP), a decrease of EUR 841.6 million (4%) compared to the same period of 2024 (EUR 21.0588 billion, 20.3% of GDP).

Imports of goods in June totaled EUR 3.999 billion, up by EUR 139.9 million (3.6%) compared to June 2024 (EUR 3.8591 billion). For January-June, imports amounted to EUR 24.0526 billion (21.4% of GDP), an increase of EUR 873 million (3.8%) year-on-year (EUR 23.1795 billion, 22.3% of GDP).

The balance on services was positive at EUR 954.6 million, compared with EUR 795.1 million in June 2024. For the first half of 2025, it stood at EUR 3.6249 billion (3.2% of GDP), compared to EUR 3.3606 billion (3.2% of GDP) in the same period of 2024.

The current and capital account showed a surplus of EUR 194.3 million in June, compared with EUR 125.4 million in 2024. For January-June, it was negative at EUR 1.9862 billion (1.8% of GDP), compared with a deficit of EUR 41.9 million (0.04% of GDP) in the first half of 2024.

The capital account posted a deficit of EUR 13.8 million in June, against a surplus of EUR 51.3 million a year earlier. For January-June, it showed a surplus of EUR 435.4 million (0.4% of GDP), compared with EUR 960 million (0.9% of GDP) for the same period of 2024.

The financial account was negative at EUR 684.4 million in June, compared with a positive balance of EUR 83 million in June 2024. For the first half of 2025, it posted a deficit of EUR 2.4371 billion (2.2% of GDP), against a deficit of EUR 474.9 million (0.5% of GDP) in the same period of 2024.

Preliminary data show that foreign direct investment (FDI) in the country (measured according to the directional principle) decreased by EUR 359.6 million in June, compared to a decrease of EUR 69.3 million a year earlier. For January-June, FDI inflows increased by EUR 848 million (compared with EUR 879.4 million in the same period of 2024).

Direct investment abroad rose by EUR 70.2 million in June, compared to EUR 93.3 million a year earlier. For January-June, direct investment abroad increased by EUR 244.3 million (compared with EUR 541.6 million in the first half of last year).