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Egypt

Contacts in the Ministry of economy and industry

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.

  1. 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

Source: Ministry of Economy and Industry

  1. 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.

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