Australia's trade relations with Bulgaria are sound and constructive, though commercial and official contacts still stay modest. This is reflected in the small volume of 2 way trade, the small size of the Bulgarian community in Australia, and Bulgaria's policy focus on integration with the European Union and other political, security and economic structures of Western Europe.
The import system in Bulgaria has been liberalised a lot in the last years. There is almost no import restrictions, except when it concerns public health or safety. Licensing procedures were set up for different food products. The majority of licenses is automatically granted and serves in order to record the exchanges. Other licenses are required for the import of medicines or substances required for the production of medicines, as well as for goods containing asbestos. The licenses are issued by the Ministry of Economy. Goods for veterinarian use must also be authorised by the Ministry of Health or by the Ministry of Agriculture.
Besides that, Bulgaria also uses the UAD - unique administrative document, of the European Union for custom declaration.
Import duties: Bulgaria applies the Harmonised Customs system on the basis of the international six figures key. Custom duty is calculated Ad valorem on the CIF value. For a number of products (especially farm products) the customs duty is calculated on the basis of a min price.
Bulgaria applies a structure of different duties according to the origin of the goods: a General Rate (13.7 % on average, approximately 11 % for industrial goods and 24 % for farm goods); a rate of Generalised System of Preference, grounded on the model set up by the EU is valid for most of the developing countries.
Import taxes: Bulgaria applies excise duty to alcohol, money games, tobacco and cigarettes, leather; tea and coffee, petroleum, gasoline, and second-hand vehicles. |