Contacts in the Ministry of economy and industry
Contact Bulgarian trade representative in Erbil, Iraq
Adelina Kyoseva
Head of Department “Asia, Africa, America and Australia”
12 “Knyaz Alexander I” st.
phone: +359 2 940 7688
a.kioseva@mi.government.bg
Mehmed Myuhtar
Referent for Iraq
12 “Knyaz Alexander I” St.,
phone: +359 2 940 76 52
m.myuhtar@mi.government.bg
Economic relations between Bulgaria and Iraq
Until 1989 Iraq was one of the main foreign trade partners of our country, as the exchange of goods in 1988 reached 813 million USD. (exports – 394 million USD).
- Trade turnover (mm euro)
| Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
| 2017 | 68.8 | 67.7 | 39.5 | -3.7 | 29.3 | 146400.0 | 10.2 |
| 2018 | 109.4 | 59.0 | 40.1 | 1.5 | 69.3 | 136.5 | -29.2 |
| 2019 | 85.8 | -21.6 | 53.5 | 33.4 | 32.3 | -53.4 | 21.2 |
| 2020 | 41.1 | -52.1 | 41.1 | -23.2 | 0.0 | -99.9 | 41.1 |
| 2021 | 173.3 | 321.4 | 51.3 | 24.8 | 122.0 | 580852.4 | -70.7 |
| 2022 | 325.3 | 87.7 | 213.2 | 315.5 | 112.2 | -8.1 | 101.0 |
| 2023 | 211.1 | -35.1 | 209.9 | -1.5 | 1.2 | -98.9 | 208.7 |
| January-May 2023 | 110.9 | 110.3 | 0.6 | 109.7 | |||
| January-May 2024 | 115.3 | 4.0 | 114.3 | 3.6 | 1.0 | 66.7 | 113.3 |
Source: Ministry of Economy and Industry
- Iraqi investments in Bulgaria
According to BNB data statistics, there were no realized investments from Iraq in Bulgaria in 2023.