Contact Bulgarian trade representative in Egypt
Adelina Kyoseva
Head of Department “Asia, Africa, America and Australia”
12 “Knyaz Alexander I” str
phone: +359 2 940 7688; fax: +359 2 987 4008
a.kioseva@mi.government.bg
Mehmed Myuhtar
Referent for Egypt
12 “Knyaz Alexander I” str.,
phone: +359 2 940 76 52
fax +359 2 987 40 08
m.myuhtar@mi.government.bg
Economic relations between Bulgaria and Egypt
The exchange of goods in recent years has established Egypt as one of Bulgaria’s major trading partners in the Middle East and the African continent.
- Trade turnover (mm. euro)
Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
2017 | 1156.6 | 63.5 | 528.0 | 69.7 | 628.6 | 58.7 | -100.6 |
2018 | 882.2 | -23.7 | 268.9 | -49.1 | 613.3 | -2.4 | -344.4 |
2019 | 1274.0 | 44.4 | 437.9 | 62.8 | 836.1 | 36.3 | -398.2 |
2020 | 582.8 | -54.3 | 189.0 | -56.8 | 393.8 | -52.9 | -204.8 |
2021 | 597.0 | 2.4 | 284.5 | 50.5 | 312.5 | -20.6 | -28.0 |
2022 | 938.3 | 57.2 | 677.9 | 138.3 | 260.4 | -16.7 | 417.4 |
2023 | 1200.9 | 28.0 | 819.7 | 20.9 | 381.2 | 46.4 | 438.5 |
January-May 2023 | 426.7 | 254.4 | 172.3 | 82.1 | |||
January-May 2024 | 931.1 | 118.2 | 282.5 | 11.0 | 648.6 | 276.4 | -366.1 |
Source: Ministry of Economy and Industry
- Egyptian investments in Bulgaria
According to BNB annual data statistics for 2023; net foreign investments from Egypt in Bulgaria amount to 2.2 million euros.