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Ireland

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Ketya Manoilova
State expert, Europe department
Foreign economic cooperation directorate
tel.: + 359 2 940 7823
k.manoilova@mi.government.bg

Economic relations between Bulgaria and Ireland

  1. Trade turnover (mln. euro)

Year

Export

Growth %

Import

Growth %

Balance

Total turnover

Growth %

2011

14.8

72.1

77.0

43.1

-62.2

91.8

47.1

2012

30.4

105.4

84.8

10.1

-54.4

115.2

25.5

2013

29.8

-2.0

82.2

-3.1

-52.4

112

-2.8

2014

71.7

140.6

79.2

-5.7

-7.4

150.9

33.2

2015

29.9

-58.3

81.3

4.9

-51.4

111.2

-25.5

2016

33.9

13.7

98.2

20.8

-64.3

132.1

18.9

2017

46.4

36.9

114.3

16.4

-67.9

160.7

21.6

2018

97.8

110.8

137.4

20.2

-39.6

235.3

46.3

2019

83.3

-14.9

182.2

32.5

-98.9

265.5

12.8

2020

66.3

-20.4

185.1

1.6

-118.8

251.4

-5.3

2021

60.3

-4.9

239.5

40.4

-179.2

299.7

28.1

2021 1-6

31.4

127.6

-96.2

159.1

2022 1-6

49.8

58.5

114.7

-10.1

-64.9

164.5

3.4

Source: Ministry of Economy and Industry

  1. Irish investments in Bulgaria

In 2021, net investment from Ireland amounted to 43.2 million euros.

By the end of 2021, cumulative value of FDI from Ireland is € 752.0 million.

For the first quarter of 2022, the value of Irish investments in Bulgaria is €15.8 million. For the second quarter of 2022, the statistics reports negative investments, that is, cash flow outflow of value of -49.4 million euros.

  1. Tourism

Year

Irish tourists in Bulgaria

%

Bulgarian tourists in Ireland

%

2011

23 259

-10.8

1 186

-4.5

2012

21 547

-7.4

3 340

181.6

2013

14 989

-30,4

1 954

-41,5

2014

12 548

-16,3

2 022

3.5

2015

13 708

9.2

1 543

-23.7

2016

25 388

85.2

9 835

537.4

2017

30 930

21,8

12 117

23,2

2018

33 585

8,6

11 256

-7,1

2019

42 090

25,3

12 325

9,5

2020

7 880

-81,3

2021

7 917

0,5

2022 1-6

15 714

989.7

Source: Ministry of tourism

In January – December 2021, Bulgarian citizens have made a total of 5 182 042 trips abroad, but the survey by destination has been terminated.

For the period January-June 2022, 15 714 Irish tourist visited Bulgaria, which is 989.7% increase compared to the same period of the previous year.

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