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India

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of economy and industry

Adelina Kioseva
Head of Asia, Africa, America and Australia Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
Tel.: +359 2/940 76 88
E-mail: a.kioseva@mi.government.bg

Borislav Alexandrov
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
Tel.: +359 2/940 76 96
E-mail: b.alexandrov@mi.government.bg

Economic relations between Bulgaria and India

1. Trade turnover (mln. Dollars)

Year

Export

Growth %

Import

Growth

%

Total turnover

Growth

%

Balance

2023

214.7

-45.4

255.8

-1.7

470.5

-28.0

-41.1

2022

393.5

141.1

260.2

9.6

653.7

63.1

133.3

2021

163.2

25.2

237.5

42.8

400.7

35.1

-74.3

2020

130.3

2.0

166.3

-11.7

296.6

-6.2

-36.0

2019

127.8

9.9

188.4

-18.2

316.2

-8.8

-60.6

2018

116.3

-2.5

230.3

46.8

346.6

25.5

-114.0

2017

119.3

4.6

156.9

16.1

276.2

10.8

-37.6

2016

114.1

82.9

135.1

-13.8

249.2

13.7

-21.0

2015

62.4

-3.9

156.8

2.2

219.2

0.4

-94.4

2014

64.9

153.4

218.3

-88.5

Source: Ministry of Economy and Industry

2. Indian investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from India in Bulgaria at the end of June 2023 amounted to 200.8 mln. Euros.

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