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.bgKrasimir Yashev
Asia, Africa, America and Australia
Department Foreign Economic Cooperation
Directorate Ministry of Economy and Industry
tel.: + 359 2 9407645
Economic relations between Bulgaria and Unated Arab Emirates (UAE)
- Trade turnover (mln. euro)
Year | Total turnover | growth,% | Export | growth,% | Import | growth,% | Balance |
2014 | 428.9 | – | 362.1 | – | 66.8 | – | 295.3 |
2015 | 317.6 | -26 | 237.8 | -34.3 | 79.8 | 19.5 | 158 |
2016 | 280.9 | -11.6 | 257.3 | 8.2 | 23.6 | -70.4 | 233.7 |
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 | 165.5 | 51.6 | 119 | 53.2 | 46.5 | 47.6 | 72.5 |
2021 | 313.2 | 89.2 | 233.8 | 96.5 | 79.4 | 70.8 | 154.4 |
2022 | 245.6 | -21.6 | 173.8 | -25.7 | 71.8 | -9.6 | 102 |
2023 | 250.7 | 2 | 156.8 | -9.8 | 93.9 | 30.1 | 62.9 |
Source: Ministry of Economy and Industry
- UAE investments in Bulgaria
According to the Bulgarian National Bank, the total foreign direct investments from UAE in Bulgaria at the end of 2023 amounted to 170.7 mln. euros.