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Spain

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Madrid, Spain
Maria Yancheva
Head of Commercial and Economic Section
Embassy of the Republic of Bulgaria
Embajada de Bulgaria en España
Travesia de Santa Maria Magdalena 15, 28016 Madrid, Espana
tel.: +34 682 392 575
fax: +34 91 359 12 01
e-mail: maria.yancheva@mi.government.bg , oficinacomercialbulgaria@gmail.com
https://www.facebook.com/BGEconOfficeES
https://twitter.com/BGEconOfficeES
https://www.linkedin.com/in/stiv-spain-57036313b
Commercial and Economic Section in Barcelona, Spain
Maria Boyadzhieva
m.boyadzhieva@mi.government.bg
Contacts in the Ministry of Economy and Industry
Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Antoaneta Hristova
Chief expert, Europe department
Foreign economic cooperation directorate
Ministry of Economy and Industry
tel.: + 359 2 9407693
a.hristova@mi.government.bg

Economic relations between Bulgaria and Spain

  1. Trade turnover (mln. euro)

Year

Total turnover

Growth %

Export

Growth %

Import

Growth %

Balance

2015

1739.0

1.1

530.9

14.8

1208.1

-3.9

-677.3

2016

1701.0

-2.2

662.5

24.8

1038.5

-14.0

-376.0

2017

2378.3

39.8

784.2

18.4

1594.1

53.5

-809.8

2018

2196.9

-7.6

698.5

-10.9

1498.3

-6.0

-799.7

2019

2081.2

-5.3

812.7

16.4

1268.5

-15.4

-455.7

2020

1255,0

-39.7

669,1

-17.7

585,8

-53.9

83,2

2021

1692,2

34,8

951,3

42,2

740,9

26,5

210,4

1-6,2021

799,0

436,2

362,8

73,4

1-6,2022

1142,3

43,0

701,7

60,9

440,5

21,4

261,2

Source: Ministry of Economy and Industry

  1. Spanish investments in Bulgaria

According to Bulgarian National Bank, the total foreign direct investments from Spain in Bulgaria at the end of 2021 amounted to 883 million euros. The flow of foreign direct investments from Spain in Bulgaria in the first quarter of 2022 is 0,8 million euros, and in the second quarter are negative -4.8 million euros.

  1. Tourism

year

Spanish tourists in Bulgaria

%

Bulgarian tourists in Spain

%

2016

59287

+5.5

139418

+22.3

2017

79977

+34.9

170944

+22.6

2018

89 834

+12.3

181 412

+6.1

2019

89 054

-0.9

193 700

+6.8

2020

14220

-84,0

n/a

2021

24906

+75,1

n/a

1-6,2022

21154

+278.6

22511

n/a

Source: Ministry of Tourism

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