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Italy

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Еconomy 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 Italy

  1. Trade turnover (mln. euro)

Year

Export

Growth %

Import

Growth %

Total turnover

Growth %

Balance

2013

1 925.3

9.2%

1 921.5

14.0%

3 846.7

11.6%

3.8

2014

1 980.3

1.7%

1 839.6

-4.3%

3 819.9

-0.7%

141.0

2015

2 135.5

7.8%

1 996.7

8.5%

4 132.2

8.2%

138.8

2016

2 170.2

1.5%

2 067.5

3.6%

4 237.7

2.5%

102.7

2017

2 212.2

1.9%

2 006

6.2%

4 069

4%

57

2018

2 433.4

10.0%

2 422.0

10.4%

4 855.4

10.2%

11.4

2019

2 186.6

-10.0

2 509.0

3.4

4 695.5

-3.3

-322.4

2020

1 922.8

-12.1

2 173.0

-13.4

4 095.8

-12.8

-250.1

2021

2 621.6

36.4

2 589.9

18.9

5 211.4

27.1

31.7

2022

3360.1

28.2

2981.1

15.2

6 341.2

21.7

379.0

2023

3177.1

-5.4

3332.9

11.8

6510

2.7

-155.8

Source: Ministry of Economy and Industry

  1. Italian investments in Bulgaria

By the end of 2023, according to BNB statistics, foreign direct investments from Italy in Bulgaria reach EUR 3.255 billion, which ranks Italy on 7th position among the foreign investors in Bulgaria /after the Netherlands, Austria, Germany, Switzerland, Greece and Belgium/.

Source: Bulgarian National Bank

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