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Bulgaria’s Stock Market Shrinks 23% in 2024 Despite Trade Growth

A sharp 23% plunge in market value overshadows Bulgaria’s trade growth. What’s driving this paradox in one of Europe’s emerging economies?

In this image there is a super market, in that super market there are groceries.
In this image there is a super market, in that super market there are groceries.

Bulgaria’s Stock Market Shrinks 23% in 2024 Despite Trade Growth

Bulgaria’s stock market faced a mixed year in 2024. While exports and imports saw notable growth in volume, the market value dropped sharply by 23%. Germany, Turkey, and Romania remained the top destinations for Bulgarian stock market exports today.

The Bulgarian stock market shrank to $29 million in 2024, a decline of 23% from previous years. This drop follows a peak in consumption back in 2018, when the market reached $40 million. Production also fell, hitting its lowest level since 2019.

The stock market sector in Bulgaria now shows contrasting trends. While export and import volumes have risen, the overall market value continues to decline. The country’s main trade partners remain Germany, Turkey, and Romania for this industry.

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