Loading...

Azerbaijan

Contacts in the Ministry of Economy, Investments and Industry of the Republic of Bulgaria

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

Teodora Doycheva
Expert Europe and Central Asia Department
Foreign Economic Policy and International Cooperation Directorate
Tel.: +359 2 940 7622
E-mail: t.doycheva@mi.government.bg

Trade and economic relations between Bulgaria and Azerbaijan

1. Trade turnover (mln. USD)

Year

Total Turnover

Growth

%

Export

Growth

%

Import

Growth

%

Balance

2020

17.6

-29.8

16.9

-11.0

0.7

-87.9

16.2

2021

97.7

425.1

23.3

37.6

74.4

9895.3

-51.0

2022

421.5

331.5

27.1

16.2

394.4

430.4

-367.3

2023

375.1

-11.0

33.6

23.9

341.5

-13.4

-307.9

2024

56.3

-85.0

40.1

19.3

16.2

-95.2

23.8

2025

57.7

2.5

34.6

-13.7

23.1

42.3

11.5

Source: Ministry of Economy, Investments and Industry of the Republic of Bulgaria

2. Direct Azerbaijani investments in Bulgaria (mln. eurо)

According to the Bulgarian National Bank, the total foreign direct investments from Azerbaijan in Bulgaria at the end of year 2025 amounted to 12.1 million euros.

Share