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Iraq

Contacts in the Ministry of economy and industry

Contact Bulgarian trade representative in Erbil, Iraq

Adelina Kioseva

Head of “Asia,Africa, America and Australia” Department

Foreign Economic Cooperation Directorate

Ministry of Economy and Industry

tel.: +359 2 9407688

E-mail: a.kioseva@mi.government.bg

Miroslav Barnev

Chief Expert “Asia, Africa, America and Australia” Department

Foreign Economic Policy and International Cooperation Directorate

Ministry of Economy and Industry

тел.: +359 2 940 7796

Е-mail: m.barnev@mi.government.bg

1. Economic relations between Bulgaria and Iraq

Trade turnover

Year

Export

Growth %

Import

Growth %

Total

turnover

Growth %

Balance

2020

41.1

-52.2

41.0

-23.3

0.0

-99.9

41.0

2021

51.7

25.8

51.6

25.8

0.1

400.0

51.5

2022

326.4

531.3

214.2

315.1

112.2

112100

102.0

2023

211.0

-35.3

209.8

-2.0

1.2

-98.9

208.6

2024

691.8

227.9

214.6

2.2

477.2

39666

-262.6

2025

416.2

-39.8

92.3

-57.0

323.9

-32.1

-231.6

Source: Ministry of Economy and Industry

2. Iraqis investments in Bulgaria

According to the Bulgarian National Bank data, net foreign investments at the end of 2025, total financial assets/liabilities from Iraq amount to 8.7 million Euros.

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