Contact Bulgarian trade representatives worldwide
Contacts in the Ministry of Economy and Industry
Vessela Bayraktarova
Head of Europe and Central Asia Department
Foreign economic policy and international cooperation
tel.: +359 2 940 7886
v.bairaktarova@mi.government.bg
Elvira Andreycheva
Chief expert, Europe and Central Asia Department
Foreign economic policy and international cooperation
tel.: + 359 2 940 7751
e.andreicheva@mi.government.bg
Economic relations between Bulgaria and Latvia
- Trade turnover (mln. euro)
| Year | Total turnover | Change % | Export | Change % | Import | Change % | Balance |
| 2015 | 54.4 | 42.9 | 25.5 | -5.9 | 28.8 | 133.5 | -3.2 |
| 2016 | 62.6 | 15.3 | 27.3 | 7.0 | 35.3 | 22.6 | -8.0 |
| 2017 | 65.5 | 4.6 | 29.7 | 8.8 | 35.8 | 1.4 | -6.1 |
| 2018 | 71.7 | 9.5 | 37.6 | 26.6 | 34.1 | -4.8 | 3.5 |
| 2019 | 61.6 | -14.1 | 30.1 | -20.0 | 31.5 | -7.6 | -1.4 |
| 2020 | 69.6 | 13.0 | 42.8 | 42.2 | 26.8 | -14.9 | 16.0 |
| 2021 | 70.3 | 1.0 | 38.6 | -9.8 | 31.7 | 18.3 | 6.9 |
| 2022 | 99.5 | 41.5 | 45.9 | 18.9 | 53.6 | 69.1 | -7.7 |
| 2023 | 100.8 | 0.9 | 56.8 | 23.8 | 44.0 | -18.7 | 12.7 |
| 2024 | 89.7 | -11.0 | 46.1 | -18.7 | 43.6 | -1.1 | 2.5 |
| 2024 I-VI | 44.70 |
| 22.40 |
| 22.30 |
| 0.10 |
| 2025 I-VI | 53.50 | 19.69 | 30.10 | 34.38 | 23.40 | 4.93 | 6.70 |
Source: Ministry of Economy and Industry
- Latvian investments in Bulgaria
According to preliminary data from the Bulgarian National Bank, total investments from Latvia in Bulgaria as of July 1, 2025 amounted to EUR 160.5 million.