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Philippines

Contact Bulgarian trade representatives worldwide

Contacts in the Ministry of Economy and Industry

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

Yulia Filcheva Foreign Economic Cooperation Directorate

Ministry of Economy and Industry 12 Knyaz Aleksandar I Str., Sofia 1000

tel. +359 2 940 7784

fax. +359 2 987 4008

E-mail: u.filcheva@mi.government.bg

Economic relations between Bulgaria and Philippines

1. Trade turnover (mln. USD)

Year

Total turnover

Growth %

Export

Growth %

Import

Growth %

Balance

2013

95,3

54,0

45,2

170,7

50,1

10,8

-4,9

2014

65,5

-31,3

48,0

6,2

17,5

-65,1

30,5

2015

43,8

-33,1

24,1

-49,8

19,7

12,6

4,4

2016

78,0

78,1

47,1

95,4

30,9

56,9

16,2

2017

83,5

7,1

38,7

-17,8

44,8

45,0

-6,1

2018

104,5

25,1

41,8

8,0

62,7

40,0

-20,9

2019

147,6

29,2

98,0

57,3

49,6

-20,8

48,4

2020

161,1

8,3

110,4

11,2

50,7

2,2

59,7

2021

137,7

14,5

79,3

-28,2

58,4

15,2

20,9

2022

124,9

-9,3

40,0

-49,6

84,9

45,4

-44,9

2023

147,6

18,2

49,2

23,0

98,4

15,9

-49,2

Source: Ministry of Economy and Industry

2. Investments from Philippines in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Philippines in Bulgaria at the end of 2023 amounted to 5,6 mln. EUR.

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