Adelina Kioseva
Head of Asia, Africa, America and Australia Department
Foreign Economic Policy and International Cooperation Directorate
Ministry of Economy and Industry
Tel.: +359 2/940 76 88
E-mail: a.kioseva@mi.government.bg
Tatyana Doncheva
Asia, Africa, America and Australia Department
Foreign Economic Policy and International Cooperation Directorate
Ministry of Economy and Industry
Phone: +359 2 940 7881
E-mail: t.doncheva@mi.government.bg
Economic relations between Bulgaria and Brazil
1. Trade turnover (mln. USD)
| Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
| 2020 | 165,9 | 155,4 | 48,9 | 40,6 | 117,0 | 287,8 | -68.0 |
| 2021 | 273,6 | 64,9 | 55,5 | 13,5 | 218,1 | 86,4 | -162.5 |
| 2022 | 444,0 | 62,3 | 102,9 | 85,3 | 341,0 | 56,4 | -238.1 |
| 2023 | 471,4 | 6,2 | 45,6 | -55,6 | 425,7 | 24,8 | -380.1 |
| 2024 | 614,61 | 30,36 | 60,05 | 31,46 | 554,56 | 30,24 | -494,51 |
| 2025 | 745,53 | 21,30 | 65,22 | 8,6 | 680,31 | 22,68 | -615,09 |
Source: Ministry of Economy and Industry
2. Brazilian investments in Bulgaria
According to Bulgarian National Bank (BNB) data, the total foreign direct investments from Brazil in Bulgaria as of December 2024 amount to -4.2 mln. Euros. Brazilian investments in Bulgaria for 2025 amount to 6.1 million euros, according to BNB data.