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Algeria

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

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

Boryana Mincheva

State expert – Asia, Africa, America and Australia Department

Foreign Economic Cooperation Directorate

Ministry of Economy and Industry

tel.: + 359 2 9407881

E-mail: b.mincheva@mi.government.bg

Economic relations between Bulgaria and the People’s Democratic Republic of Algeria

In recent years, the commercial and economic relations between Bulgaria the People’s Democratic Republic of Algeria have marked a positive development.

  1. TRADE TURNOVER (MLN. USD)

Year

Total turnover

growth,%

Export

growth,%

Import

growth,%

Balance

2013

110.4

33.2

108.1

45.9

2.3

-73.9

105.8

2014

211.3

91.4

211.1

95.2

0.2

-91.3

210.9

2015

88.4

-58.2

72.8

-65.5

15.6

7700.0

57.2

2016

252.3

185.4

249.5

242.7

2.81

-82.0

246.7

2017

95.9

-62.0

94.91

-62.0

0.96

-65.8

94.0

2018

90.4

-5.7

80.22

-15.5

10.18

960.4

70.0

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

2013

110.4

33.2

108.1

45.9

2.3

-73.9

105.8

Source: Ministry of Economy and Industry

  1. INVESTMENTS

According to Bulgarian National Bank data statistics, the total foreign direct investments from Algeria to Bulgaria (by the end of 2023) amount to -0.2 million euros.

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