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Finland

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe, Russian Federation and CIS countries and Georgia Department
Foreign economic policy and international cooperation directorate
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Emil Tepavicharov
Chief expert, Europe, Russian Federation and CIS countries and Georgia Department
Foreign economic policy and international cooperation directorate
tel.: + 359 2 940 7610
e.tepavicharov@mi.government.bg

Еconomic relations between Bulgaria and Finland

1. Trade turnover (mln. euro)

Year

Total turnover

%

Export

%

Import

%

Balance

2011

98.8

-19.3

36.9

35.2

61.9

-34.9

-25.0

2012

97.8

-1.0

36.5

-1.1

61.3

-1.0

-24.8

2013

83.6

-14.5

37.6

3.0

46.0

-25.0

-8.4

2014

126.4

51.2

78.1

107.7

48.3

5.0

29.8

2015

121.3

-4.0

60.8

-22.1

60.5

25.2

0.3

2016

108.8

-9.7

41.2

-31.2

67.5

11.6

-26.2

2017

108.3

-0.6

44.3

7.2

63.9

-5.3

-19.6

2018

141.1

30.3

59.5

34.1

81.6

27.7

-14.9

2019

132.0

-6.5

64.1

7.7

67.9

-16.8

-3.8

2020

144.9

9.8

65.5

0.8

80.4

18.3

15.9

2021

162.5

12.2

77.5

20.1

84.9

5.8

-7.3

2022

223.8

27.5

108.9

32.3

114.9

23.1

-6.0

2023

224.3

0.2

98.4

-9.6

125.8

9.5

-27.4

2023

m. 1-6

116.932

49.218

67.714

-18.496

2024

m. 1-6

104.623

-10.5

43.451

-11.7

61.172

-9.7

-17.722

Source: Ministry of Economy and Industry

2. Finnish investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Finland in Bulgaria at the end of June 2024 amounted to 71.1 mln euros.

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