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Denmark

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe, Russian Federation and CIS countries and Georgia Department Department
Foreign economic policy and international cooperation directorate
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Emil Tepavicharov
Chief expert, Europe, Russian Federation and CIS countries and Georgia Department Department
Foreign economic policy and international cooperation directorate
tel.: + 359 2 940 7610
e.tepavicharov@mi.government.bg

Economic relations between Bulgaria and Denmark

1. Trade turnover (mln. euro)

Year

Total turnover

Export

Import

Balance

2011

223.1

45.6

135.0

134.8

88.1

-7.9

46.9

2012

185.9

-16.7

95.0

-29.6

90.9

3.2

4.1

2013

195.0

4.9

101.9

7.3

93.1

2.4

8.8

2014

211.0

8.2

104.7

2.7

106.3

14.2

-1.6

2015

250.0

18.5

125.5

19.9

124.5

17.1

1.0

2016

264.4

5.8

144.8

15.4

119.6

-3.9

25.2

2017

299.7

13.4

161.0

11.2

138.7

16.1

22.2

2018

354.3

18.2

206.8

28.4

147.4

6.3

59.3

2019

320.5

9.5

176.6

-14.6

143.9

-2.4

32.7

2020

342.2

6.6

194.2

10.0

147.9

2.4

46.3

2021

508.3

48.3

329.7

69.7

178.6

20.3

151.1

2022

461.2

-12.2

224.4

29.5

236.7

20.3

-12.2

2023

521.9

13.2

203.0

-9.6

318.8

34.7

-115.8

2023 m. 1-6

297.470

110.089

187.381

-77.292

2024 m. 1-6

220.401

-25.9

98.283

-10.7

122.118

-34.8

-23.835

Source: Ministry of economy and industry

2. Danish investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Denmark in Bulgaria at the end of June 2024 amounted to 403.5 mln. euros.

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