Overview In July 2021 Germany exported €369M and imported €436M from Bulgaria, resulting in a negative trade balance of €66.9M. Between July 2020 and July 2021 the exports of Germany have increased by €82.9M (29%) from €286M to €369M, while imports increased by €46.6M (12%) from €389M to €436M.
Trade In July 2021, the top exports of Germany to Bulgaria were Pharmaceutical products (€29.3M), Motor cars and motor caravans (€25.8M), Machinery for electricity production, distribution (€22.3M), Estimations for non-response (€18.6M), and Articles of plastic (€16.5M). In July 2021 the top imports of Germany from Bulgaria were Machinery for electricity production, distribution (€57.3M), Other semi-finished products (€38.4M), Estimations for non-response (€36.3M), Other vehicles (€29.5M), and Estimations for exemptions (€19.6M).
Origins In July 2021 the exports of Germany were mainly from Baden-Württemberg (€58.8M), North Rhine-Westphalia (€56.4M), Bavaria (€50.8M), Hesse (€19.4M), and Lower Saxony (€18.9M), while imports destinations were mainly Bavaria (€96M), Baden-Württemberg (€85.7M), North Rhine-Westphalia (€70.5M), Hamburg (€44.4M), and Lower Saxony (€42.1M).
Growth In July 2021, the increase in Germany's year-by-year exports to Bulgaria was explained primarily by an increase in product exports in Pharmaceutical products (€11.6M or 65.9%), Electronic devices (€5.83M or 58.5%), and Machinery for electricity production, distribution (€4.76M or 27.1%). In July 2021, the increase in Germany's year-by-year imports from Bulgaria was explained primarily by an increase in product imports in Other vehicles (€18M or 156%), Railway or tramway locomotives and rolling... (€8.93M or 182%), and Estimations for non-response (€8.77M or 31.8%).