Contact Bulgarian trade representatives worldwide
Contacts in the Ministry of Economy and Industry
Adelina Kioseva
Head of Asia, Africa, America and Australia
Department Foreign Economic Cooperation
Directorate Ministry of Economy and Industry
tel.: +359 2 94076 88
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 the State of Kuwait
- Trade turnover (mln. euro)
Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
2017 | 82.2 | -5.2 | 49.5 | -24.8 | 32.7 | 56.5 | 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
- Kuwait investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from Kuwait in Bulgaria at the end of 2023 amounted to 9.4 mln. euros.