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.
- 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
- 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.