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United Arab Emirates

Contact Bulgarian trade representatives worldwide

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 94076 88

a.kioseva@mi.government.bg

Krasimir Yashev

Asia, Africa, America and Australia

Department Foreign Economic Cooperation

Directorate Ministry of Economy and Industry

tel.: + 359 2 9407645

k.yashev@mi.government.bg

Economic relations between Bulgaria and Unated Arab Emirates (UAE)

1. Trade turnover (mln. euro)

Year

Total turnover

growth,%

Export

growth,%

Import

growth,%

Balance

2017

82.2

-5.2

49.5

-24.8

32.7

56.5

16.8

2018

77

-6.3

48.4

-2.2

28.6

-12.5

19.8

2019

109.2

41.8

77.7

60.5

31.5

10.1

46.2

2020

115.9

-27.7

82

-34

33.9

-6.4

48.1

2021

137.7

18.8

94.2

14.9

43.5

28.3

50.7

2022

197.2

43.2

146.3

55.3

50.9

17

95.4

2023

242.7

23.1

188.8

29.1

53.9

5.9

134,9

2024

257.7

6.2

163.8

-13.2

93.9

74.2

69.9

Source: Ministry of Economy and Industry

2. UAE investments in Bulgaria

According to the Bulgarian National Bank, the total foreign direct investments from UAE in Bulgaria at the end of 2024 amounted to 107.7 mln. euros.

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