Italy
 

Commercial and Economic Office in Rome, Italy
Commercial and Economic Office in Milan, Italy
Andriyana Koleva
Tel. office: +39/039 5964689
Tel. mobile: +39/3295910349
e-mail: a.koleva@mi.government.bg
https://www.facebook.com/BGEconOfficeITRomaMilano
https://twitter.com/StivRomaMilano1

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
Maria Boyadzhieva - Gounelli
Chief expert, Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy
tel.: + 359 2 940 7689
m.boyadzhieva@mi.government.bg

 

Economic relations between Bulgaria and Italy

1. Trade turnover (mln. euro)

Year

Export

Growth %

Import

Growth %

Total turnover

Growth %

Balance

2011

1 720.7

13.9%

1 667.1

17.6%

3 387.8

15.7%

53.6

2012

1 763.8

2.5%

1 685.4

1.1%

3 449.2

1.8%

78.4

2013

1 925.3

9.2%

1 921.5

14.0%

3 846.7

11.6%

3.8

2014

1 980.3

1.7%

1 839.6

-4.3%

3 819.9

-0.7%

141.0

2015

2 135.5

7.8%

1 996.7

8.5%

4 132.2

8.2%

138.8

2016

2 170.2

1.5%

2 067.5

3.6%

4 237.7

2.5%

102.7

2017

2 212.2

1.9%

2 006

6.2%

4 069

4%

57

2018

2 433.4

10.0%

2 422.0

10.4%

4 855.4

10.2%

11.4

2019

2 186.6

-10.0

2 509.0

3.4

4 695.5

-3.3

-322.4

2020

1 922.8

-12.1

2 173.0

-13.4

4 095.8

-12.8

-250.1

2021

2 621.6

36.4

2 589.9

18.9

5 211.4

27.1

31.7

Source: Ministry of Economy and Industry

2. Italian investments in Bulgaria

According to the statistical data provided by the Bulgarian National Bank, the total amount of direct investments from Italy to Bulgaria until the end of the year 2021, is 2.94 billion euro.

In 2021 FDI from Italy to Bulgaria amounted to 85.2 million euro. For the first quarter of 2022 the investment flow is 57.6 million euro.

Italian FDI in Bulgaria for the last ten years:

Year

Mln. eurо

2010

71.1

2011

103.2

2012

62.9

2013

-13.6

2014

77.7

2015

64.3

2016

174.5

2017

93.0

2018

14.0

2019

93.9

2020

113.4

2021

85,2

Source: Bulgarian National Bank

3. Tourism

Year

Italian tourists in Bulgaria (border crossing)

%

2011

105 740

4.0%

2012

104 310

-1.3%

2013

108 603

4.1%

2014

129 223

19.0%

2015

132 245

2.3%

2016

145 113

9.7%

2017

163 566

12,7%

2018

157 743

-3.6%

2019

156 564

-0,7

2020

40 122

-74,4%

2021

55 725

38,9%

January-February 2022

9 237

199,4%

Source: Ministry of Tourism

 

 

 

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