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Georgia

Contact Bulgarian trade and economic representative in Tbilisi, Georgia

Contacts in the Ministry of Economy and Industry of the Republic of Bulgaria

Teodora Boteva

Director, Foreign Economic Cooperation Directorate

Tel.: +359 2 940 7701

E-mail: t.boteva@mi.government.bg

Bogdana Grigorova

Expert, Russian Federation, Countries of the CIS and Georgia Department

Foreign Economic Cooperation Directorate
Tel.: +359 2 940 7789

E-mail: b.grigorova@mi.government.bg

Trade and economic relations between Republic of Bulgaria and Georgia

  1. 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

Source: Ministry of Economy and Industry of the Republic of Bulgaria

  1. 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.

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