Contacts in the Ministry of Economy and Industry
Contact Bulgarian trade representative in Kingdom of Saudi Arabia
Adelina Kioseva
Head of Asia, Africa, America and Australia
Department Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: +359 2 94076 88
a.kioseva@mi.government.bg
Krasimir Yashev
Asia, Africa, America and Australia
Department Foreign Economic Cooperation
Directorate Ministry of Economy and Industry
tel.: + 359 2 9407645
k.yashev@mi.government.bg
Economic relations between Bulgaria and Kingdom of Saudi Arabia (KSA)
- Trade turnover (mln. euro)
| Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
| 2017 | 82.2 | – | 49.5 | – | 32.7 | – | 16.8 |
| 2018 | 77 | -6.3 | 48.4 | -2.2 | 28.6 | -12.5 | 19.8 |
| 2019 | 109.2 | 41.8 | 77.7 | 60.5 | 31.5 | 10.1 | 46.2 |
| 2020 | 165.5 | 51.6 | 119 | 53.2 | 46.5 | 47.6 | 72.5 |
| 2021 | 313.2 | 89.2 | 233.8 | 96.5 | 79.4 | 70.8 | 154.4 |
| 2022 | 245.6 | -21.6 | 173.8 | -25.7 | 71.8 | -9.6 | 102 |
| 2023 | 250.7 | 2 | 156.8 | -9.8 | 93.9 | 30.1 | 62.9 |
Source: Ministry of Economy and Industry
- KSA investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from KSA in Bulgaria at the end of 2023 amounted to 32.7 mln. euros.