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
- 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
- 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.