Contacts in the Ministry of economy and industry
Vessela Bayraktarova
Head of Department
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Nikolina Taneva
Expert
tel.: + 359 2 940 7778
n.taneva@mi.government.bg
Economic relations between Bulgaria and Armenia
- Trade turnover (million dollars)
Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
2014 | 25,5 | -7,6 | 24,8 | 11,1 | 0,8 | -85,9 | 24,0 |
2015 | 23,2 | -9,1 | 21,4 | -13,4 | 1,7 | 131,1 | 19,7 |
2016 | 20,0 | -13,7 | 19,7 | -8,1 | 0,3 | -83,0 | 19,4 |
2017 | 31,3 | 56,5 | 30,9 | 57,0 | 0,4 | 28,7 | 30,6 |
2018 | 27,4 | -12,5 | 27,0 | -12,9 | 0,4 | 14,4 | 26,5 |
2019 | 41,4 | 51,3 | 40,0 | 48,4 | 1,4 | 232,1 | 38,5 |
2020 | 40,5 | -2,2 | 40,0 | -0,1 | 0,6 | -62,0 | 39,4 |
2021 | 42,6 | 5,0 | 41,7 | 4,4 | 1,0 | 88,5 | 40,5 |
2022 | 68,6 | 61,1 | 64,2 | 53,8 | 4,4 | 323,5 | 59,8 |
2023 | 80,1 | 16,8 | 77,0 | 19,9 | 3,2 | -28,4 | 73,8 |
I-VI 2023 | 42,4 |
| 40,9 |
| 1,5 |
| 39,4 |
I-VI 2024 | 33,9 | -20,0 | 32,9 | -19,6 | 1,0 | -30,7 | 31,9 |
Source: Ministry of Economy and Industry
- Armenian investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from Armenia in Bulgaria at the end of 2023 amounted to 47, 8 million euros.