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Norway

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe, Russian Federation and CIS countries and Georgia Department
Foreign economic policy and international cooperation directorate
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Emil Tepavicharov
Chief expert, Europe, Russian Federation and CIS countries and Georgia Department
Foreign economic policy and international cooperation directorate
tel.: + 359 2 940 7610
e.tepavicharov@mi.government.bg

Economic relations between Bulgaria and Norway

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

2023 m.1-6

86.467

35.939

50.529

-14.590

2024 m. 1-6

254.889

194.8

33.734

-6.1

221.156

337.7

-187.422

Source: Ministry of Economy and Industry

Norwegian investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Norway in Bulgaria at the end of June 2024 amounted to 124.4 mln euros.

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