Bulgaria Warned: Gasoline Could Hit €1.50 if Oil Reaches 100 Dollars per Barrel
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
Bulgaria’s export sector continued to face challenges in 2025, marking the third consecutive year of decline. According to the National Statistical Institute, the country exported goods worth 42.9 billion euros, representing a 3.2% drop compared to 2024. This follows a minor 0.2% decrease in 2024 and a more pronounced 6.5% fall in 2023.
The primary factor behind this downward trend is the weakening of EU markets, largely attributed to the ongoing war in Ukraine. Among Bulgaria’s key EU trading partners, exports to Germany and Italy saw the sharpest contractions, each falling by 7.5%. France also experienced a notable decrease of 4.8%. In contrast, exports to Greece remained largely stable, while shipments to Romania grew by 5.3%. Collectively, Germany, Romania, Italy, Greece, and France account for nearly two-thirds of Bulgaria’s exports to the EU, or 64.3%.
Beyond Europe, Bulgarian exports to non-EU countries also faced a decline. In 2025, shipments outside the EU fell by 2.2%, totaling 15.34 billion euros.
Overall, the data highlight the ongoing pressures on Bulgaria’s export-dependent economy, as geopolitical tensions in Eastern Europe and fluctuating demand across European markets continue to affect trade performance.
Industrial producer prices across the euro area and the European Union moved higher in January 2026 on a monthly basis, yet remained below their levels from a year earlier, according to Eurostat data
US President Donald Trump has stepped back from his earlier threat to raise global tariffs to 15%, leaving current rates on US exports at 10%
The European Union remains the world’s largest producer, consumer, and exporter of wine, according to the European Parliamentary Research Service.
Bulgarian grain producers are warning of a surge in sunflower imports from Argentina, raising concerns over both market stability and food safety
The Ministry of Transport and Communications has greenlit four strategic projects aimed at enhancing intermodal operations and modernizing Bulgaria’s key logistics terminals
Bulgaria’s economy continued to show steady momentum throughout 2025, placing the country among the fastest-growing economies in the European Union, according to data presented by the Ministry of Economy and Industry
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