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Czech Republic

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Еconomy and Industry

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

Teodora Doycheva
Chief expert, Europe and Central Asia Department
Foreign economic policy and international cooperation
tel.: + 359 2 940 7623
t.doycheva@mi.government.bg

Economic relations between Bulgaria and the Czech Republic

  1. Trade Turnover (in million EUR)

Year

Trade Turnover

Change %

Export

Change %

Import

Change %

Balance

2019

1,561.0

709.7

851.3

-141.6

2020

1,463.5

-6.2

647.4

-8.8

816.1

-4.1

-166.7

2021

1,727.7

18.0

761.4

17.6

966.3

18.4

-204.9

2022

2,234.0

29.3

780.5

2.5

1,228.3

27.2

-447.8

2023

2,236.2

0.1

836.0

7.1

1,400.2

14.0

-564.2

2024

2 049.8

-8.3

822.5

-1.6

1 227.3

-12.3

-186.4

2025

2 166.5

5.7

829.4

0.8

1337.0

8.9

-507.5

Source: Ministry of Economy and Industry

  1. Investments

According to preliminary data from the Bulgarian National Bank, total Czech investments in Bulgaria amounted to EUR 467.9 million in 2025.

  1. Working Group on Economic Cooperation

Bilateral cooperation between Bulgaria and the Czech Republic is actively developing at the institutional level.

A Working Group on Economic Cooperation has been established between the Ministry of Economy of the Republic of Bulgaria and the Ministry of Industry and Trade of the Czech Republic, pursuant to the Memorandum of Cooperation signed on 9 November 2004.

The 9th Session of the Working Group on Economic Cooperation between the Republic of Bulgaria and the Czech Republic was held on 28 April 2022 in Prague.

  1. Contractual and Legal Framework
  • Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital, signed in April 1998, in force since 28 December 1999.
  • Memorandum of Cooperation between the Ministry of Economy of the Republic of Bulgaria and the Ministry of Industry and Trade of the Czech Republic, in force since 9 November 2004, establishing the Working Group on Economic Cooperation.
  • Memorandum of Cooperation between the Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA) and the Confederation of Czech Industry, aimed at exchanging information, experience, and good practices in SME policy and strategy.

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