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Morocco

Contacts in the Ministry of Economy and Industry:

Contact the Office of Trade and Economic Affairs in Rabat, Kingdom of Morocco.

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

Boryana Mincheva
State expert – Asia, Africa, America and Australia Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: + 359 2 9407881
E-mail: b.mincheva@mi.government.bg

Economic relations between Bulgaria and Kingdom of Morocco

In the last year, the commercial and economic relations between Bulgaria and Morocco have seen growth in their development.

  1. Trade turnover (mln. euro)

Year

Total turnover

growth,%

Export

growth,%

Import

growth,%

Balance

2013

99.2

135.6

78.4

412.4

20.8

-22.4

57.6

2014

150.7

51.9

92.48

18.0

58.23

180.0

34.3

2015

129.2

-14.3

50.01

-45.9

79.15

35.9

-29.1

2016

170.4

31.9

68.3

36.6

102.1

29.0

-33.8

2017

202.7

314.6

76.93

178.7

125.79

490.6

-48.9

2018

253.0

24.8

92.14

19.8

160.81

27.8

-68.7

2019

183.3

-27.5

69.41

-24.7

113.87

-29.2

-44.5

2020

160.5

-12.5

100

44.1

60.46

-46.9

39.5

2021

218.6

36.2

115.6

15.6

103

70.4

12.6

2022

175.4

-19.8

95.8

-17.1

79.6

-22.7

16.2

2023

289.5

65.1

189.4

97.7

100.1

25.8

89.3

Source: Ministry of Economy and Industry

  1. Moroccan investments in Bulgaria

According to Bulgarian National Bank data statistics, the total foreign direct investments from the Kingdom of Morocco in Bulgaria (by the end of 2023) amount to 3.9 million euros.

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