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Singapore

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

Borislav Alexandrov
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
Tel.: +359 2/940 76 96
E-mail: b.alexandrov@mi.government.bg

Economic relations between Bulgaria and Singapore

1. Trade turnover (mln. Dollars)

Year

Export

Growth %

Import

Growth

%

Total

turnover

Growth

%

Balance

2023

146.4

449.3

39.6

-34.2

186

114.2

106.8

2022

26.65

-18.0

60.2

33.2

86.85

11.8

-33.55

2021

32.5

36.6

45.2

15.0

77.7

23.1

-12.7

2020

23.8

-79.0

39.3

-12.3

63.1

-60.1

-15.5

2019

113.2

-62.2

44.8

-3.9

158

-54.3

68.4

2018

299.2

46.0

46.6

17.7

345.8

41.4

252.6

2017

205

-0.1

39.6

28.2

244.6

3.6

165.4

2016

205.2

-45.6

30.9

-0.3

236.1

-42.2

174.3

2015

377.3

-50.5

31

10.7

408.3

-48.4

346.3

2014

762.7

71.0

28

61.8

790.7

70.7

734.7

2013

446

17.3

463.3

428.7

Source: Ministry of Economy and Industry

2. Singaporean investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from Singapore in Bulgaria at the end of June 2023 amounted to 200.8 mln. Euros.

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