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Norway

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Emil Tepavicharov
Chief expert, Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: + 359 2 940 7610
e.tepavicharov@mi.government.bg

Economic relations between Bulgaria and Norway

  1. Trade turnover (mln. euro)

Year

Total turnover

%

Export

%

Import

%

Balance

2016

37.0

-9.5

13.8

-42.8

23.2

38.7

-9.3

2017

70.9

10.6

40.2

298.6

30.6

32.3

7.9

2018

74.4

5.0

39.4

-1.9

35.0

14.3

4.3

2019

65.2

-12.4

42.5

7.9

22.6

35.3

19.8

2020

69.5

6.4

46.6

9.4

22.8

0.9

23.7

2021

82.6

18.8

53.3

14.1

29.3

28.3

23.9

2022

93.9

13.0

57.6

7.1

36.2

23.6

21.3

2023

233.4

148.6

65.9

14.4

167.5

361.9

-101.5

  1. Norwegian investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Norway in Bulgaria at the end of 2023 amounted to 127.7 mln euros.

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