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The Netherlands

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Hague, The Netherlands

Panko Panov

Koninginnegracht 19, 2514 AB, Den Haag
tel. 0031 6 3917 6070.
e-mail: p.panov@mi.government.bg

Contacts in the Ministry of Еconomy and Industry

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Ketya Manoilova
State expert, Europe department
Foreign economic cooperation directorate
Ministry of Economy
tel.: + 359 2 940 7823
k.manoilova@mi.government.bg

Economic relations between Bulgaria and the Netherlands

  1. Trade Turnover (mln. Еuro)

Year

Total turnover

Growth, %

Export

Growth, %

Import

Growth, %

Balance

2011

953.8

23.5

359.7

53.4

594.1

10.4

-234.4

2012

1 148.5

20.4

379.3

5.4

769.2

29.5

-389.9

2013

1 164.0

1.3

480.8

26.8

683.2

-11.2

-202.4

2014

1 214.6

4.3

494.9

2.9

719.7

5.3

-224.8

2015

1 422.9

17.2

540.2

9.2

882.7

22.6

-342.5

2016

1 593.3

638.1

955.2

-317.1

2017

1 773.7

11.3

662.2

3.8

1 111.4

16.3

-449.1

2018

1994.3

12.5

774.3

17.1

1220.0

9.8

-445.8

2019

1964.7

-1.5

756.6

-2.3

1208.2

-1.0

-451.6

2020

1954.5

-0.4

736.6

-2.7

1217.98

1.0

-481.4

2021

2534.8

29.7

870.8

18.3

1664.0

36.6

-793.3

2021 1-6

1148.9

415.6

733.3

-317.6

2022 1-6

1719.6

49.7

625.8

50.6

1093.7

49.2

-467.9

Source: Ministry of Еconomy and Industry

  1. Dutch investments in Bulgaria

In 2021, net investment from the Netherlands was negative, -76.3 million euros.

By the end of 2021, the amount of Dutch foreign direct investment in Bulgaria is EUR 7411.3 million, which rangs the country first among the FDInvestors in Bulgaria.

The value of Dutch investments in the first quarter of 2022 is EUR 500.8 million. In the second quarter of 2022, the statistics report negative investments from the Netherlands, i.e. cash flows outflow of the amount of EUR -676.0 million.

Source: Bulgarian National Bank

  1. Tourism – Dutch tourists in Bulgaria

Year

Dutch Tourist in BG

2011

99 114

2012

95 835

2013

92 360

2014

101 960

2015

79 835

2016

110 291

2017

135 406

2018

126 066

2019

134 804

2020

11000

2021

53 970

Source: Ministry of Tourism

In 2021, the number of tourists from the Netherlands was 53 970, with a growth of 109.8% compared to 2020.

According to MT data, in 2021 Bulgarian citizens made a total of 5,182,042 trips abroad, but the study by destinations for the period has been discontinued

For January-June 2022 period, tourists from the Netherlands were 22,088, which is an increase of 264.2% compared to the same period of 2021.

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