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Estonia

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
tel.: +359 2 940 7886
v.bairaktarova@mi.government.bg

Elvira Andreycheva
Chief expert, Europe department
Foreign Еconomic Cooperation Directorate
tel.: + 359 2 940 7751
e.andreicheva@mi.government.bg

Economic relations between Bulgaria and Estonia

  1. Trade turnover (mln. euro)

Year

Total turnover

Change %

Export

Change %

Import

Change %

Balance

2015

32.70

-17.1

20.8

-2.0

11.9

-35.0

8.90

2016

38.30

17.13

21.8

4.81

16.5

38.66

5.30

2017

54.30

41.78

24.2

11.01

30.1

82.42

-5.90

2018

55.50

2.21

30.4

25.62

25.1

-16.61

5.30

2019

55.60

0.18

25.6

-15.79

30

19.52

-4.40

2020

47.70

-14.21

21

-17.97

26.7

-11.00

-5.70

2021

79.60

66.88

34.9

66.19

44.7

67.42

-9.80

2022

123.40

55.03

83.2

138.40

40.2

-10.07

43.00

2023

164.50

33.31

68.4

-17.79

96.1

139.05

-27.70

Source: Ministry of Economy and Industry

  1. Estonian investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Estonia in Bulgaria at the end of December 2023 amounted to 133.3 bn euros.

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