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Bulgaria’s trade deficit increased to BGN 787.8 million in July 2024 from BGN 571.1 million in the same month last year, preliminary estimates showed. Year-on-year, imports jumped 9.6% to BGN 8,649.7 million, with purchases rising from non-EU countries (26.5%) and declining from EU countries (-1.4%). The largest growth in imports from third countries was recorded in animal and vegetable oils, fats, and waxes (34.7%). Meanwhile, exports rose at a softer pace of 7.4% to BGN 7,861.9 million, driven by higher sales to the EU (5.4%) and non-EU countries (11.2%). Among commodities, growth in exports was most notable in chemical and related products (11.8%). For the period from January to July, the country’s trade gap widened to BGN 6,724.1 million from BGN 5,067.2 million in the corresponding period last year.