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Estonia

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Warsaw, Poland

Accreditation for Lithuania, Latvia and Estonia
Yordan Draganchev
Head of Commercial and Economic Section
Embassy of the Republic of Bulgaria
Al. Ujazdowskie 33/35, 00-540 Warszawa, Poland
tel: +48 22 621 25 35;
fax: +48 22 625 59 89;
mob.: +48 602 763 100;
e-mail: y.draganchev@mi.government.bg
https://www.facebook.com/BGEconOfficePL
https://twitter.com/@BGEconOfficePL
https://www.linkedin.com/in/%D1%81%D1%82%D0%B8%D0%B2-%D0%B2%D0%B0%D1%80%D1%88%D0%B0%D0%B2%D0%B0

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

2011

17.825

21.6

12.299

12.5

5.526

40.34

6.773

2012

16.964

-4.8

11.198

-8.9

5.765

4.0

5.433

2013

29.139

71.7

18.547

65.5

10.591

84.0

7.956

2014

39.212

34.6

21.230

14.5

17.982

69.8

3.247

2015

32.494

-17.1

20.812

-2.0

11.682

-35.0

9.130

2016

38.362

18.0

21.823

4.8

16.539

41.5

5.284

2017

54.293

42.0

24.184

10.8

30.109

83.1

-5.925

2018

55.521

2.3

30.435

25.8

25.085

-16.7

5.349

2019

55.670

0.3

25.647

-15.7

30.022

19.7

-4.374

2020

47.757

-14.2

21.020

-18.0

26.737

-10.9

-5.717

2021

79.689

66.7

34.895

66.0

44.694

67.2

-9.799

2022-1-6

48.771

18.6

27.875

82.4

20.896

-19.1

6.979

Source: Ministry of Economy and Industry

  1. Estonian investments in Bulgaria

According to BNB data by the end of 2021 the total value of Estonian investments in Bulgaria amounts to EUR 119.7 million. According to BNB data in 2021 the value of Estonian investments in Bulgaria is negative and amounts to EUR -1.2 million.

According to BNB data, in 2022 the value of investments from Estonia in Bulgaria amounts to:

for the period January – March are 3.7 million euros;

for the period April – June are 2.1 million euros;

  1. Tourism

Year

Estonian tourists in Bulgaria

Change %

Bulgarian tourists in Estonia

Change

%

2016

19 452

+443.4

2 684

+180.2

2017

23 750

+22.1

4 120

+53.5

2018

22 903

-3.6

5 884

+42.8

2019

27 242

+18.9

6 057

2.9

2020

1 637

-94.0

n/а*

2021

11 342

+592.9

n/а*

2022-01-06

4 173

+45.2

n/а*

Source: Ministry of Tourism

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