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Belarus

Contact Bulgarian trade and economic representative in Minsk, Belarus

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

Teodora Boteva
Director, Foreign Economic Cooperation Directorate
Foreign Economic Cooperation Directorate
Tel.: +359 2 940 7701
e-mail: t.boteva@mi.government.bg

Nikolina Taneva
Expert Russian Federation, CIS Countries and Georgia Department
Foreign Economic Cooperation Directorate
Ministry of Economy
tel.: +359 2 940 7778
e-mail: n.taneva@mi.government.bg

Alexander Angelov
Russian Federation, Countries of the CIS and Georgia Department
Foreign Economic Cooperation Directorate
Tel.: +359 2 940 7787
e-mail: a.angelov@mi.government.bg

Trade and economic relations between Republic of Bulgaria and Republic of Belarus

Association Agreement between the EU and Republic of Belarus

  1. 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

75,2

-17,5

52,4

23,9

22,8

-53,4

29,6

Source: Ministry of Economy and Industry of the Republic of Bulgaria.

  1. 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.

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