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Switzerland

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
E-mail: v.bairaktarova@mi.government.bg
Dayana Popangelova
Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: +359 2 940 7697
d.popangelova@mi.government.bg

Economic Relations between Bulgaria and Switzerland

  1. Trade Turnover (mln. Еuro)

Year

Total turnover

Growth %

Export

Growth %

Import

Growth %

Balance

2016

332.6

0.17

136.1

52.0

196.4

2.0

-60.2

2017

376.9

4.5

165.0

22.0

211.9

7.9

-46.8

2018

397.0

5.3

152.4

-7.6

244.6

15.4

-92.1

2019

453.0

13.6

193.2

27.1

259.7

5.9

-66.5

2020

425.9

-6.0

181.1

-6.2

244.7

-5.8

-63.5

2021

520.8

22.4

234.0

29.2

286.8

17.4

-52

2022 – 1-6

291.0

13.8

140.3

21.1

150.6

7.8

-10

Source: Ministry of Economy and industry

  1. Swiss Investments in Bulgaria

Direct investments from Switzerland as of December 31, 2021 amount to 2,698.3 billion euros. The flow of Swiss investments in 2021 is negative -137.1 million euros.

By the end of 2020, the amount of Switzerland’s foreign direct investments in Bulgaria amounted to 2,663.3 million euros, with which the country ranks 10th in terms of FDI in Bulgaria. In the first three months of 2021 their amount reaches 2,646.2 million euros, and in the second quarter of 2021 respectively, they are 2,486.7 million euros.

Source: Bulgarian National Bank

  1. Tourism – Swiss tourists in Bulgaria

The data on the number of tourists in 2020 are based on ESTI, which in 2020 was in a trial period. In this regard, the NSI data for accommodation with 10 or more beds are taken into account. The introduction of the Unified Tourist Information System changes the method of counting the number of tourists. The new method is based on data from accommodation, which are not comparable with the data from the border checkpoint.

In 2021, the number of Swiss tourists – 11,949.

Year

Swiss tourists in Bulgaria

2011

28 100

2012

19 800

2013

21 900

2014

30 800

2015

26 600

2016

27 100

2017

26 467

2018

31 053

2019

31 053

2020

5 000

2021

11 949

2022-1-6

6 444

Source: Ministry of Tourism

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