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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
2024 1716.8 57.7 714.8 1.3 1002.0 161.9 -287.1

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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