Adelina Kioseva
Head of Asia, Africa, America and Australia Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
Tel.: +359 2/940 76 88
E-mail: a.kioseva@mi.government.bg
Mehmed Myuhtar
Referent for Algeria
12 “Knyaz Alexander I” St.,
phone: +359 2 940 76 52
m.myuhtar@mi.government.bg
Economic relations between Bulgaria and Algeria
1. Trade turnover (million Dollars)
| Year | Export | Growth % | Import | Growth % | Total turnover | Growth % | Balance |
| 2020 | 94.4 | -10.4 | 89.6 | -2.7 | 4.8 | -63.6 | 84.8 |
| 2021 | 148.6 | 57.4 | 97.9 | 9.3 | 50.7 | 956.3 | 47.2 |
| 2022 | 627.7 | 322.4 | 553.7 | 465.6 | 74.0 | 46.0 | 479.7 |
| 2023 | 662.8 | 5.6 | 590.4 | 6.6 | 72.4 | -2.2 | 518.0 |
| 2024 | 612.2 | -7.6 | 567.6 | -3.9 | 44.6 | -38.4 | 522.9 |
Source: Ministry of Economy and Industry
2. Algerian investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from Algeria in Bulgaria by the end of 2024 amount to 0.5 million Euros.