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Andorra

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe, Russian Federation and CIS countries and Georgia Department
Foreign economic policy and international cooperation
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Antoaneta Hristova
Chief expert, Europe, Russian Federation and CIS countries and Georgia Department
Foreign economic policy and international cooperation
tel.: + 359 2 9407693
a.hristova@mi.government.bg

Economic relations between Bulgaria and Andorra

  1. Trade turnover (thousands euro)

year

Total turnover

growth %

Export

growth %

Import

growth %

Balance

2014

124.9

-47.9

96.1

-56.3

28.8

+46.1

67.3

2015

79.3

-36.5

40.4

-58.0

38.9

+35.3

1.4

2016

138.3

+74.4

95.1

+135.6

43.1

+10.8

52.0

2017

94.0

-32.0

77.6

-18.4

16.4

-62.0

61.2

2018

143.0

+52.0

93.1

+19.9

49.8

203.8

43.3

2019

106.9

-25.2

85.3

-8.4

21.6

-56.6

63.7

2020

96.5

-9.7

71.4

-16.3

25.1

16.2

46

2021

80.1

-16.9

44.1

-38.1

36.0

+43.1

8

2022

178.6

123.0

133.8

203.4

44.8

+24.4

24.4

2023

424.2

137.5

329.7

146.4

94.5

110.9

110.9

2023, 1-12

433

137,5

338

146,4

94

110,9

244

2024, 1-12

457

+5,5

392

+16,0

64

-31,8

328

Source: Ministry of Economy and Industry

  1. Andorra’s investments in Bulgaria

According to Bulgarian National Bank, the total foreign direct investments from Andorra in Bulgaria at the end of December 2024 amounted to 10 million euros.

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