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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

6 053

13.7

6 151

12.4

-106

2024

12 319

1.1

6 554

15.2

5 765

11.6

788

Source: Ministry of Economy and Industry

  1. German investments in Bulgaria

According to BNB data, total German investments in Bulgaria amount to January 2025. in the amount of 4,095 billion euros.

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