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Belarus

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

  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 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.

  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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