Economic relations between Bulgaria and UK
- Trade turnover (mln. euro)
Year | Export | Growth % | Import | Growth % | Balance | Total turnover | Growth % |
2011 | 370.4 | 22.3 | 364.5 | 20.2 | 5.9 | 734.9 | 21.2 |
2012 | 398 | 7.5 | 365.2 | 0.2 | 32.8 | 763.2 | 3.9 |
2013 | 469.3 | 17.9 | 382.2 | 4.6 | 87.1 | 851.5 | 11.5 |
2014 | 488.99 | 4.2 | 444.2 | 16.3 | 45.1 | 933.2 | 9.6 |
2015 | 586.2 | 19.9 | 481.8 | 8.5 | 80.2 | 1068 | 14.4 |
2016 | 591.1 | 0.8 | 600.3 | 24.6 | -9.2 | 1 191.4 | 11.6 |
2017 | 650.7 | 10.1 | 475.6 | -20.8 | 174.9 | 1 126.3 | -5.5 |
2018 | 696.97 | 7.1 | 492.2 | 3.5 | 204.7 | 1 189.2 | 5.6 |
2019 | 699.7 | 0.4 | 460.4 | -6.5 | 239.4 | 1 160.1 | -2.4 |
2020 | 666.1 | -4.8 | 389.9 | -15.3 | 276.2 | 1055.96 | -9.0 |
2021 | 624.3 | -6.3 | 305.5 | -21.6 | 318.8 | 929.9 | -11.9 |
2021 1-6 | 312.1 | 140.4 | 171.7 | 452.4 | |||
2022 1-6 | 377.5 | 20.9 | 178.5 | 27.1 | 199.0 | 555.9 | 22.9 |
Source: Ministry of Economy and Industry
- British investments in Bulgaria
For 2021 the value of British investments in Bulgaria is negative, -45.6 million euros.
By the end of 2021, the value of British investment amounted to 2245.9 million euros, which ranks the United Kingdom 9th after the Netherlands, Austria, Germany, Italy, Switzerland, Luxembourg, Greece and Cyprus.
In the first quarter of 2022, British investments in Bulgaria have a negative value, -28.6 million euros, i.e. cash flows outflow and in the second quarter British investments were 23.3 million euros.
- Tourism
Year | British tourists in Bulgaria | % | Bulgarian tourists in UK | % |
2011 | 284 882 | -1.5 | 77 675 | 0.6 |
2012 | 264 560 | -7.1 | 85 388 | 9.9 |
2013 | 257 748 | -2,6 | 85 365 | 0,0 |
2014 | 247 018 | -4,2 | 101 737 | 19,2 |
2015 | 244 353 | -1.1 | 121 745 | 19.7 |
2016 | 273 133 | 11.8 | 141 941 | 16.6 |
2017 | 338 114 | 23,8 | 170 367 | 20,0 |
2018 | 389 661 | 15,2 | 178 589 | 4,8 |
2019 | 470 149 | 20,7 | 187 850 | 5,2 |
2020 | 90 544 | -80,7 | ||
2021 | 54 989 | -39,3 |
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Source: Ministry of tourism
In 2021, Bulgarian citizens made total of 5 182 042 trips abroad, but the study by destinations has been discontinued.
In the period January-June 2022, 142,928 British tourists visited Bulgaria, which is a 1012.3% increase compared to the same period of 2021.
In November, Bulgaria traditionally participates in the world’s largest tourist exhibition in Great Britain – World Travel Market.
British tourists are interested in Bulgarian spa centers, sea and mountain holidays, ski-tourism, circular and combined sightseeing tours.