Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Minsk, Belarus
Dimitar Spasov
Head of the Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Minsk, Belarus
Svoboda Square 11, floor 1
220030 Minsk, Belarus
Commercial and Economic Section of the Republic of Bulgaria
Mobile phone: +375 292 023 251
Fax: +375 17 328 65 59
e-mail: d.spasov@mi.government.bg
Contacts in the Ministry of Economy and Industry of the Republic of Bulgaria
Vessela Bayraktarova
Head of Department
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Nikolina Taneva
Expert
Ministry of Economy
tel.: +359 2 940 7778
e-mail: n.taneva@mi.government.bg
Trade and economic relations between Republic of Bulgaria and Republic of Belarus
Association Agreement between the EU and Republic of Belarus
- Trade turnover (million USD)
Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
2014 | 89,0 | 34,9 | 57,8 | 8,1 | 31,2 | 21,9 | 26,6 |
2015 | 65,3 | -26,6 | 30,2 | -47,8 | 35,1 | 12,5 | -4,9 |
2016 | 56,0 | -14,2 | 29,9 | -1,0 | 26,1 | -25,6 | 3,8 |
2017 | 59,3 | 9,9 | 36,3 | 21,4 | 23,0 | -11,9 | 13,3 |
2018 | 98,1 | 65,4 | 37,9 | 4,4 | 60,2 | 161,7 | -22,3 |
2019 | 93,0 | -5,2 | 58,4 | 54,1 | 34,6 | -42,5 | 23,8 |
2020 | 105,5 | 13,4 | 64,1 | 9,8 | 41,4 | 9,7 | 22,7 |
2021 | 123,2 | 16,8 | 59,7 | -6,9 | 63,5 | 53,4 | -3,8 |
2022 | 91,2 | -26,0 | 42,3 | -29,2 | 48,9 | -23,0 | -6,6 |
2023 г. | 75,2 | -17,5 | 52,4 | 23,9 | 22,8 | -53,4 | 29,6 |
I-VI 2023 | 34,6 |
| 23,9 |
| 10,7 |
| 13,2 |
I-VI 2024 | 43,9 | 26,8 | 31,2 | 38,8 | 10,7 | -0,18 | 22,5 |
Source: Ministry of Economy and Industry of the Republic of Bulgaria.
- Belarusian investments in Bulgaria (million euros)
According to the Bulgarian National Bank, the total foreign direct investments from Belarus in Bulgaria at the end of 2023 amounted to 9.2 million euros. The net foreign direct investments transactions from Belarus to Bulgaria in 2023 amounted to – 0.4 million euros.