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Korea

Contacts in the Ministry of Economy and Industry

Contact Bulgarian trade representative in Korea

Adelina Kioseva
Head of Asia, Africa, America and Australia Department
Foreign Economic Cooperation Directorate Ministry of Economy and Industry
Tel.: +359 2/940 76 88
E-mail: a.kioseva@mi.government.bg

Yulia Filcheva
Referent for Korea
Foreign Economic Cooperation Directorate
12, Knyaz Aleksandar I Str., Sofia 1000
tel. +359 2 940 7784
fax. +359 2 987 4008
E-mail: u.filcheva@mi.government.bg

Economic relations between Bulgaria and Korea

  1. Trade turnover (mln. USD)

Year

Total turnover

Growth %

Export

Growth %

Import

Growth %

Balance

2013

272,6

0,3

158,5

5,0

114,1

-5,0

44,4

2014

205,6

-24,6

96,1

-39,4

109,5

-4,0

-13,4

2015

153,1

-25,5

59,2

-36,5

93,9

-14,2

-34,7

2016

214,3

40,0

90,5

52,9

123,8

31,8

-33,3

2017

194,1

-9,4

66,7

-26,3

127,4

3,0

-60,7

2018

286,6

47,6

106,3

59,4

180,3

41,5

-74,0

2019

313,5

9,4

146,9

38,2

166,6

-7,6

-19,7

2020

264,6

-15,6

110,2

-24,9

154,4

-7,3

-44,2

2021

424,3

60,4

256,2

132,5

168,1

8,9

88,1

2022

346,5

-18,3

136,6

-46,8

209,9

24,9

-73,3

2023

443,1

27,9

242,9

77,8

200,2

-4,6

42,7

Source: Ministry of Economy and Industry

  1. Korean investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Korea in Bulgaria at the end of 2023 amounted to 55,4 mln. EUR.

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