Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Belgrade, Serbia
Marin Nikolov
36 Svetogorska Str. 11000 Belgrade, Serbia
Tel.: + 381 11 32 44 441
Mob.: + 381 66 88 12 137
Fax.: + 381 11 36 20 116
E-mail: m.nikolov@mi.government.bg
Contacts in the Ministry of Economy
Vessela Bayraktarova Head of Europe Department Foreign Economic Cooperation Directorate Ministry of Economytel.: +359 2 9407886 v.bairaktarova@mi.government.bg Bogomil Bogdanov
Europe department
Foreign economic cooperation directorate
Ministry of Economy
tel.: +359 2 9407759
b.bogdanov@mi.government.bg
I. Еconomic relations between Bulgaria and Serbia
- Trade turnover (mln. euro)*
| Year | Export | growth, % | Import | growth, % | Balance | Total turnover | growth, % |
| 2011 | 478.4 | -13.00 | 253.9 | 25.88 | 224.5 | 732.3 | -2.31 |
| 2012 | 442.4 | -7.53 | 253 | -0.35 | 189.4 | 695.4 | -5.04 |
| 2013 | 373.7 | -15.53 | 263.1 | 3.99 | 110.7 | 636.8 | -8.43 |
| 2014 | 363.7 | -2.68 | 301.2 | 12.65 | 62.5 | 664.9 | 4.41 |
| 2015 | 419.2 | 15.4 | 356.3 | 17.53 | 62.9 | 775.2 | 16.36 |
| 2016 | 391.5 | -6.6 | 380.4 | 6.8 | 11.1 | 771.9 | -0.5 |
| 2016 | 380.1 | -9.6 | 389.464 | 6.8 | -9.364 | 769.563 | -0.5 |
| 2017 | 470.5 | 23.8 | 605.3 | 55.4 | -134.79 | 1 075.8 | 39.8 |
| 2018 | 528.7 | 12.4 | 631.5 | 4.3 | -102,8 | 1 160.2 | 7.8 |
| 2019 | 585.5 | 10.7 | 628.9 | -0.4 | -43.4 | 1 214.5 | 4.7 |
| 2020 | 497.2 | -15.1 | 615 | -2.7 | -117.8 | 1 112.2 | -8.7 |
| 2021 | 743.1 | 50.0 | 765.5 | 24.5 | -22.4 | 1 508.6 | 35.9 |
| 1-6 2021 | 311.3 | 340.9 | -29.5 | 652.3 | |||
| 1-6 2022 | 565.5 | 81.6 | 446.5 | 31.0 | 119 | 1 012.0 | 55.1 |
*Source: Ministry of Economy
- Serbian Direct Investments in Bulgaria*
For 2021 the value of Serbia investments in Bulgaria is positive, 140.6 million euros.
In the first quarter of 2022, Serbia investments in Bulgaria have a value, 27.4 million euros, i.e. cash flows outflow and in the second quarter investments were -5.5 million euros.
- Tourism*
| Year | Serbian tourists in Bulgaria | % | Bulgarian tourists in Serbia | % |
| 2011 | 244 656 | 18.9 | 295 135 | 0.2 |
| 2012 | 275 679 | 12.7 | 291 935 | -1.1 |
| 2013 | 303 184 | 10.0 | 300 299 | 2.9 |
| 2014 | 312 337 | 3.0 | 316 146 | 5.3 |
| 2015 | 346 923 | 11.1 | 315 261 | -0.3 |
| 2016 | 374 816 | 8.0 | 404 975 | 28.5 |
| 2017 | 394 162 | 5.2 | 462 953 | 14.3 |
| 2018 | 421 693 | 7 | 493 950 | 6.7 |
| 2019 | 414 546 | -1.7 | 514 959 | 4.3 |
| 2020 | 33 000 | -48 | N/A | N/A |
| 2021 | 170 752 | 38.1 | N/A | N/A |
| 1-6 2022 | 122 841 | 60.3 | N/A | N/A |
Source: Ministry of Tourism