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Germany

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Berlin, Germany
Commercial and Economic Office in Munich, Germany
Commercial and Economic Office in Frankfurt am Main, Germany
Commercial and Economic Office in Hamburg, Germany

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Dayana Popangelova
Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: +359 2 940 7697
d.popangelova@mi.government.bg

Economic relations between Bulgaria and Germany

    1. Trade turnover (mm. euro)

    Year

    Total Turnover

    Growth

    %

    Export

    Growth

    %

    Import

    Growth

    %

    Balance

    2013

    5 534

    11.6

    2 741

    28.9

    2 793

    -1.3

    -52

    2014

    5 868

    6.0

    2 655

    -3.1

    3 213

    15.0

    -558

    2015

    6 288

    7.2

    2 893

    9.0

    3 395

    5.7

    -502

    2016

    6 638

    5.6

    3 216

    11.2

    3 422

    0.8

    -206

    2017

    7 294

    9.9

    3 590

    11.7

    3 703

    8.2

    -112

    2018

    8 153

    11.8

    4 174

    16.2

    3 979

    7.5

    194

    2019

    8 462

    3.7

    4 410

    5.6

    4 052

    1.8

    358

    2020

    8 202

    -3.1

    4 466

    1.7

    3 715

    -8.3

    771

    2021

    9 981

    21.7

    5 181

    15.5

    4 800

    29.3

    380

    2022

    11 803

    18.2

    6 339

    22.3

    5 464

    13.8

    875

    2023

    13 198

    12.4

    6 546.2

    13.7

    6 652.1

    12.4

    -110

    2024-6

    6 143

    -1.0

    3 366

    8.6

    2 776

    -10.5

    590

    Source: Ministry of Economy and Industry

    1. German investments in Bulgaria

    According to BNB data, total German investments in Bulgaria amount to January 2024. in the amount of 4217.5 billion euros.

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