Loading...

Cyprus

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe and Central Asia Department
Foreign economic policy and international cooperation directorate
Tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Borislav Gigov
Foreign economic policy and international cooperation directorate
tel.: +359 2 940 7678
b.gigov@mi.government.bg

Economic relations between Bulgaria and Cyprus

  1. Trade turnover (million euro)

Year

Turnover

Change %

Export

Change %

Import

Change %

Balance

2019

255,00

11,65

110,7

8,11

144,3

14,52

-33,60

2020

163,00

-36,08

116,4

5,15

46,6

-67,71

69,80

2021

216,80

33,01

140,3

20,53

76,5

64,16

63,80

2022

259,60

19,74

199,60

42,27

60,00

-21,57

139,60

2023

203,19

-21,73

142,65

-28,53

60,54

0,9

82,11

2024

227,32

11,9

131,27

-8,0

96,05

58,7

35,22

2025 1-6

108,53

22,0

77,06

15,7

31,47

-37,44

45,59

Source: Ministry of Economy and Industry

  1. Cyprus investments in Bulgaria

According to the statistical data provided by the Bulgarian National Bank, the total amount of direct investments from Cyprus to Bulgaria until the end of the year 2024 is 2,965.6 billon euro.

Share