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
Radina Kirkova
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
Tel.: +359 2/940 7926
E-mail: r.kirkova@mi.government.bg
Economic relations between Bulgaria and Singapore
1. Trade turnover (mln. Dollars)
| Year | Export | Growth % | Import | Growth % | Total turnover | Growth % | Balance |
| 2024 | 42.1 | -71.2 | 22.8 | -42.4 | 64.9 | -65.1 | 19.3 |
| 2023 | 146.4 | 449.3 | 39.6 | -34.2 | 186.0 | 114.2 | 106.8 |
| 2022 | 26.7 | -18.0 | 60.2 | 33.2 | 86.9 | 11.8 | -33.6 |
| 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 |
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 2024 amounted to 92.5 mln. Euros.