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Hungary

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Budapest, Hungary

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

Svetoslav Stoynev
Chief expert, Europe department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: + 359 2 940 7706
s.stoynev@mi.government.bg

Economic relations between Bulgaria and Hungary

  1. Trade turnover (mm. euro)

Year

Total

turnover

Change

%

Export

Change

%

Import

Change

%

Balance

2015

1 326.5

12.4

350.4

17.8

976.1

10.6

-625.7

2016

1 387.7

4.6

390.7

11.5

389.4

2.2

-605.5

2017

1 527.5

10.2

461.4

18.1

1 066.0

55.4

-604.6

2018

1 608.4

5.3

497.7

7.9

1 110.6

4.2

-612.8

2019

1 708.4

6.2

516.2

3.7

1992.5

3.6

-676.2

2020

1 685.5

1.4

486.1

-5.8

1199.4

0.6

713.2

2021

2073.0

22.9

638.9

31.3

1434.1

19.5

-795.2

2022

2293.2

10.6

564.3

-11.7

1728.9

10.6

-1164.7

2023

2293.2

10.6

564.3

-11.7

1728.9

10.62

-1164.7

Source: Ministry of Economy and Industry

  1. Hungary in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Hungary in Bulgaria for the whole period of 2023 amount to EUR 2 393.5 billion.

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