Austria
 

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Vienna, Austria

Desislava Stoyanova

Head of Commercial and Economic Section
Embassy of the Republic of Bulgaria
Rechte Wienzeile 13, A-1040, Vienna, Austria
tel.: +43 1 5813226
e-mail: d.stoyanova@mi.government.bg
https://www.facebook.com/BGEconOfficeA
https://twitter.com/STIV_Vienna
https://www.linkedin.com/in/StivVienna

Contacts in the Ministry of Economy

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy
Tel.: +359 2 9407886
E-mail: v.bairaktarova@mi.government.bg


Trade and Economic Relations between Bulgaria and Austria

1. Trade Turnover (mln. Еuro)

In January-August 2018, exports to Austria amounted to EUR 254.5 million (0.7% growth compared to 2017, 1.7% share and 14th place in Bulgarian exports), while imports from Austria amounted to EUR 728.0 million (0.8% growth, 2.4% share of total imports, 13th place in imports). The balance is negative for Bulgaria and amounts to -128 million euro.

Year

Total turnover

Growth, %

Export

Growth, %

Import

Growth, %

Balance

2005

495.6

-

177.8

-

316.8

-

-139.0

2006

629.9

27.1

233.4

31.3

396.4

25.1

-163.0

2007

1187.3

87.3

250.5

6.3

936.7

135.1

-686.2

2008

1343.4

14.4

313.6

25.2

1030.5

11.5

-717.6

2009

909.9

-32.3

229.5

-26.7

680.4

-34.0

-450.9

2010

960.7

5.6

293.8

28

666.9

-2.0

-372.8

2011

1172.9

18.1

388.2

24.5

784.8

17.68

- 396.5

2012

1161.9

-0.9

380.2

-2.1

781.7

-1.0

-401.5

2013

1111.4

-4.4

400.6

5.3

710.8

-9.0

-310.2

2014

1 121.1

0.9

378.9

-5.4

742.2

4.4

-363.3

2015

1 121.2

-0.0

411.5

8.6

709.7

-4.4

-298.2

2016

1 181.6

5.3

459.4

11.7

722.1

1.6

-262.6

2017

1 219.3

3.2

491.3

6.9

728.0

0.8

-236.6

Source: Ministry of Economy

2. Austrian Investments in Bulgaria

In the first half of 2018, investments from Austria were negative, amounting to -63.2 million.

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

In total

1281.1

1144.0

422.2

-654.2

585.9

-189.6

-0.3

-43.5

383.3

39.7

-141.7

5 925.9

 

For the period 1996-2017, Austria's foreign direct investment in Bulgaria amounted to EUR 5.9 billion, which ranks the country second in terms of FDI in Bulgaria.

Source: Bulgarian National Bank

 

3. Austrian tourists in Bulgaria

In January - August 2018, 93,090 Austrian tourists have visited Bulgaria, which is a decline of 13% and a 10th place among EU member states. For the same period 153,934 Bulgarian tourists have visited Austria, which is 9.6% growth and 8th place as a preferred tourist destination.

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

69  165

79  148

115 660

117 782

124 035

122 996

129 617

174 899

139 942

166.538

151 218

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