Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Prague, Czech Republic
Svetoslav Stoynev
Embassy of the Republic of Bulgaria
6, Krakovska Str.
Prague 1, 110 00 Czech Republic
tel. + 420 222-212-011; 222-211-258
e-mail: s.stoynev@mi.government.bg
Contacts in the Ministry of Еconomy and Industry
tel.: +359 2 9407886 v.bairaktarova@mi.government.bg Detelina Stoyanova Chief expert, Europe department Foreign economic cooperation directorate Ministry of Economy and Industry tel.: + 359 2 9407902 dp.stoyanova@mi.government.bg
Economic relations between Bulgaria and the Czech Republic
1. Trade turnover (mln. euro)
Year | Total turnover | Change % | Export | Change % | Import | Change % | Balance |
2015 | 953.576 | 6.5 | 393.584 | 27.0 | 559.992 | -4.8 | -166.408 |
2016 | 958.217 | 0.5 | 402.476 | 2.3 | 555.741 | -0.8 | -153.266 |
2017 | 1229.457 | 28.2 | 546.644 | 35.7 | 682.814 | 22.9 | -136.170 |
2018 | 1368.912 | 11.3 | 604.557 | 10.6 | 764.354 | 11.9 | -159.797 |
2019 | 1560.974 | 14.0 | 709.667 | 17,4 | 851.306 | 11,3 | -141.639 |
2020 | 1463.486 | -6.3 | 647.394 | -8.7 | 816.092 | -4.3 | -166.698 |
2021 | 1727.688 | 18.1 | 761.380 | 17.6 | 966.308 | 18.4 | -204.928 |
Source: Ministry of Economy and Industry
2. Czech investments in Bulgaria
Accumulating in the end of 2021, the total Czech investments in Bulgaria amounted to EUR 633.6 million, according to BNB data. According to data for the whole of 2021, they are negative with -89.8 million euros.
3. Tourism
Year | Czech tourists in Bulgaria | % change |
2016 | 209 773 | 37.9 |
2017 | 193 106 | -7.9 |
2018 | 204 732 | 6.7 |
2019 | 189 265 | -7.6 |
2020 | 47 155 | -75.1 |
2021 | 116 717 | 147.5 |
Source: Ministry of Tourism