Norway
 

Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Oslo, Norway, with accreditation for Iceland

Stoyan Mihaylov

Head of Commercial and Economic Section
Embassy of the Republic of Bulgaria in Oslo
Tidemands gate 11, 0244 Oslo, Norway
mob.+47 41374175
tel. +47 22 55 40 40
s.mihaylov@mi.government.bg

Contacts in the Ministry of Economy

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg
Teodora Doycheva
Chief expert, Europe department
Foreign economic cooperation directorate
Ministry of Economy
tel.: + 359 2 940 7706
t.doycheva@mi.government.bg

Economic relations between Bulgaria and Norway

1. Trade turnover (mln. euro)

Year

Total turnover

%

Export

%

Import

%

Balance

2011

42.9

34.9

31.6

35.0

11.3

34.5

20.3

2012

38.6

-10.0

30.7

-2.8

7.9

-30.1

22.8

2013

51.2

32.6

35.5

15.6

15.7

98.7

19.8

2014

52.1

1.8

35.7

0.6

16.4

4.5

19.3

2015

50.6

-2.8

34.0

-4.7

16.6

-1.2

18.0

2016

58.2

-9.5

35.1

-42.8

23.1

38.7

31019

2017

70.9

10.6

40.2

-3.7

30.6

32.3

-73.9

2018

47.4

5.0

39.4

-2.0

29.2

14.2

4.3

2019

65.2

-12.4

42.5

7.9

22.6

-35.3

19.8

2020

69.5

6.4

46.6

9.4

22.8

0.9

23.7

2021

82.6

18.8

53.3

14.1

29.3

28.3

23.9

2. Norwegian investments in Bulgaria

Year

Mln.eurо

1998

0.3

1999

-1.8

2000

-0.2

2001

0.1

2002

0.2

2003

0.5

2004

1.0

2005

3.0

2006

16.1

2007

53.0

2008

25.7

2009

10.8

2010

-1.6

2011

-8.7

2012

-4.4

2013

-21.0

2014

-113.5

2015

115.5

2016

80.0

2017

-70.4

2018

114.6

2019

-0.9

2020

-5.7

2021

3.5

2022 Q1

-3.5

Source: Bulgarian National Bank

3. Tourism

Year

Norwegian tourists in Bulgaria

%

Bulgarian tourists in Norway

%

2011

46 620

-12.7

1 742

-20.2

2012

27 070

-41.9

3 580

109.5

2013

29 003

7.1

5 652

57.9

2014

31 151

7.4

3 820

-32.4

2015

21 669

-30.4

4 677

22.4

2016

41 556

91.8

7 742

65.5

2017

44 528

7.2

8 323

7.5

2018

59 05137

32.6

8 469

1.8

2019

42 829

-27.5

8 706

2.8

2020

1100

-97.0

n/a

 

2021

4419

148.8

n/a

 

1-2.2022

513

207.2

n/a

 

Source: Ministry of tourism

 

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