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Latvia

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

  1. Trade turnover (mln. euro)

Year

Total turnover

Change %

Export

Change %

Import

Change %

Balance

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

90.3

-11.0

46.1

-18.7

44.2

-1.1

1.9

2025

110.8

22.7

63.3

37.3

47.4

7.4

15.8

Source: Ministry of Economy and Industry

  1. Latvian investments in Bulgaria

According to preliminary data from the Bulgarian National Bank, total investments from Latvia in Bulgaria as of January 1, 2026 amounted to EUR 157.9 million.

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