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Bulgaria And Romania Trade with Sub-Saharan Africa: A Comparison

Marinov, Eduard (2017): Bulgaria And Romania Trade with Sub-Saharan Africa: A Comparison. Published in: Christova-Balkanska, I. and Marinov, E. (eds). 2017. International Scientific Conference Proceedings “Bulgaria and Romania: Country Members of the EU, Part of the Global Economy” No. ISBN: 978-954-9313-09-3 (July 2017): pp. 163-174.

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Abstract

The diversification of international markets and the direction towards regions which were neglected and evaded as risky could be a powerful factor in the search for growth acceleration and overcoming recession. The paper aims at summarizing the potential of trade with one such region – Sub-Saharan Africa, by providing an EU comparison of Bulgarian and Romanian trade relations with it. The studies the dynamics of both countries trade with the region for the 2003-2015 period, the place of Sub-Saharan Africa in Bulgarian and Romanian extra-EU trade, the commodity structure and the direction of trade.

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