Contacts in the Ministry of economy and industry
Vessela Bayraktarova
Head of Department
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Nikolina Taneva
State Expert, Russian Federation, Countries of the CIS and Georgia Department
tel.: + 359 2 940 7778
n.taneva@mi.government.bg
Trade and economic relations between Republic of Bulgaria and Republic of Armenia
Association Agreement between the EU and Republic of Armenia
- Trade turnover (million USD)
| 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 | 81,5 | 18,8 | 78,3 | 22,0 | 3,2 | -27,3 | 75,1 |
| 2024 | 75,8 | -6,9 | 73,3 | -6,4 | 2,5 | -20,6 | 70,8 |
Source: Ministry of Economy 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 2024 amounted to 46,9 million euros.