Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Tbilisi, Georgia
Krasen Balev
Head of Commercial and Economic Office
Embassy of the Republic of Bulgaria in Georgia
Krtsanisi area, Vakhtang Gorgasali str., exit № 15,
0105 Tbilisi, Georgia
Mobile.: +995 591 988 449
e-mail: k.balev@mi.government.bg
Contacts in the Ministry of Economy and Industry of the Republic of Bulgaria
Vessela Bayraktarova
Head of Department
Tel.: +359 2 940 7886
E-mail: v.bairaktarova@mi.government.bg
Bogdana Grigorova
Expert
Tel.: +359 2 940 7789
E-mail: b.grigorova@mi.government.bg
Trade and economic relations between Republic of Bulgaria and Georgia
- Trade turnover (Mln. USD)
Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
2014 | 537,1 | 0,7 | 248,2 | -0,1 | 288,9 | 1,4 | -40,7 |
2015 | 431,8 | -19,6 | 179,1 | -27,9 | 252,7 | -12,5 | -73,6 |
2016 | 342,5 | -20,7 | 183,7 | 2,6 | 158,8 | -37,2 | 24,9 |
2017 | 537,4 | 56,9 | 201,4 | 9,7 | 336,0 | 111,5 | -134,6 |
2018 | 594,8 | 10,7 | 209,7 | 4,1 | 385,0 | 14,6 | -175,3 |
2019 | 548,1 | -7,8 | 169,8 | -19,1 | 378,4 | -1,7 | -208,6 |
2020 | 691,7 | 26,2 | 152,9 | -9,9 | 538,8 | 42,4 | -385,9 |
2021 | 668,8 | -3,3 | 230,2 | 50,5 | 438,6 | -18,6 | -208,4 |
2022 | 818,3 | 22,4 | 266,6 | 15,8 | 551,7 | 25,8 | -285,1 |
2023 | 633,4 | -22,6 | 310,8 | 16,6 | 322,6 | -41,5 | -11,7 |
1-6.2023 | 271,9 | -35,0 | 100,4 | -31,6 | 171,5 | -36,8 | -71,1 |
1-6.2024 | 268,3 | -1,3 | 182,2 | 81,4 | 86,1 | -49,8 | 96,1 |
Source: Ministry of Economy and Industry of the Republic of Bulgaria
- Georgian investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from Georgia in Bulgaria at the end of 2023 amounted to 15.3 mln. euros. Foreign direct investments net transactions from Georgia to Bulgaria in 2023 amounted to 0.6 mln. euros.