Contacts in the Ministry of Economy, Investments and Industry
Vessela Bayraktarova
Head of Europe and Central Asia Department
Foreign Economic Policy and International Cooperation Directorate
Tel.: +359 2 940 7886
E-mail: v.bairaktarova@mi.government.bg
Nikolina Taneva
State expert, Europe and Central Asia Department
Foreign Economic Policy and International Cooperation Directorate
Tel.: +359 2 940 7778
E-mail: n.taneva@mi.government.bg
Trade and economic relations between Republic of Bulgaria and Republic of Armenia
- Trade turnover (million USD)
| Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
| 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 | 81.5 | 18.8 | 78.3 | 22.0 | 3.2 | -27.3 | 75.1 |
| 2024 | 70.5 | -13.5 | 68.2 | -12.9 | 2.3 | -28.1 | 65.9 |
| 2025 | 74.6 | 5.7 | 72.1 | 5.6 | 2.5 | 7.5 | 69.6 |
Source: Ministry of Economy, Investments and Industry of the Republic of Bulgaria.
- Armenian investments in Bulgaria (million euros)
According to the Bulgarian National Bank, the total foreign direct investments from Armenia in Bulgaria at the end of 2025 amounted to 39.9 million euros.