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Russia

Industrial Center of the Republic of Bulgaria in Moscow, Russian Federation

Ivan Gradev, director
ul. “Кrasnogo Mayaka” d. 24, 117570 Moscow, Russian Federation
tel.: +7 495 726 5800; +7 495 726 5828;
fax: +7 495 726 5890; +7 495 726 5829;
e-mail: info@cprb.ru

Contacts in the Ministry of Economy and Industry of the Republic of Bulgaria

Vessela Bayraktarova
Head of Department
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Nikolina Taneva
Expert
Tel.: +359 2 940 7778

E-mail: n.taneva@mi.government.bg

Trade and economic relations between Republic of Bulgaria and Russian Federation

Association Agreement between the EU and Russian Federation

  1. Trade turnover (million USD)

Year

Total turnover

growth,%

Export

growth,%

Import

growth,%

Balance

2014

6 020,8

-15,6

706,2

-9,0

5 314,6

-16,4

– 4 608,4

2015

3 961,1

-34,2

443,4

-37,2

3 517,7

-33,8

– 3 074,3

2016

3 026,3

-23,6

434,0

-2,1

2 592,3

-26,3

– 2 158,3

2017

4 319,6

42,7

836,3

92,7

3 483,3

34,4

– 2 647,0

2018

4 144,0

-4,1

451,4

-46,0

3 692,6

+6,0

– 3 241,2

2019

4 269,5

-3,0

584,1

29,4

3 685,4

-0,2

– 3 101,3

2020

2 653,1

-37,9

485,5

-16,9

2 167,6

-41,2

– 1 682,1

2021

4 042,7

52,4

517,9

6,7

3 524,8

62,6

– 3 006,9

2022

6 842,7

69,3

508,4

-1,8

6 334,3

79,7

-5 825,9

2023

4 049,1

-40,8

540,5

6,3

3 508,6

-44,6

-2 968,1

I-VI 2023

1 758,2

274,0

1 484,2

-1 210,2

I-VI 2024

682,5

-61,2

197,8

-27,8

484,7

-67,3

-286,9

Source: Ministry of Economy and Industry of the Republic of Bulgaria.

  1. Russian investments in Bulgaria (million euros)

According to the Bulgarian National Bank, the total foreign direct investments from Russia in Bulgaria at the end of 2023 amounted to 1759.7 million euros. The net foreign direct investments transactions from Russia to Bulgaria in 2023 amounted to – 158.4 million euros.

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