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
Emil Tepavicharov
Chief expert, Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: + 359 2 940 7610
e.tepavicharov@mi.government.bg
Economic relations with Iceland
- Trade turnover (thousands euro)
| Year | Total turnover | Change % | Export | Change % | Import | Change % | Balance |
| 2016 | 2 219.2 | 26.1 | 657.8 | -52.2 | 1 561.4 | -4.0 | -903.6 |
| 2017 | 2 537.0 | 14.3 | 1 166 | 77.2 | 1371 | -12.1 | -205 |
| 2018 | 4 335.8 | 70.9 | 2 514.1 | 115.6 | 1 821.7 | 32.8 | 692.4 |
| 2019 | 2 743.7 | -36.7 | 1 034.3 | -58.9 | 1 709.4 | -6.2 | -675.2 |
| 2020 | 3 589.1 | 30.4 | 875.7 | -15.3 | 2 703.4 | 58.1 | -1 827.7 |
| 2021 | 3 427.1 | -4.5 | 1 608.0 | 83.6 | 1 819.1 | -32.7 | -211.1 |
| 2022 | 4 080.0 | 11.4 | 2 068.0 | 15.2 | 2 012.0 | 7.8 | 55.0 |
| 2023 | 3 926 | -11.0 | 2 234.0 | 12.1 | 1 692.0 | -17.2 | 540 |
Source: Ministry of economy and Industry
- Icelandic investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from Iceland in Bulgaria at the end of 2023 amounted to 26.0 mln euros.