Portugal
 

Contacts in the Ministry of Economy and Industry

Vessela Bayraktarova
Head of Europe Department
Foreign Economic Cooperation Directorate
Ministry of Economy and Industry
tel.: +359 2 9407886
v.bairaktarova@mi.government.bg

Antoaneta Hristova
Chief expert, Europe department
Foreign economic cooperation directorate
Ministry of Economy and Industry
tel.: + 359 2 9407693
a.hristova@mi.government.bg

 

Economic relations between Bulgaria and Portugal

1. Trade turnover (mln. euro)

year

Total turnover

growth %

Export

growth %

Import

growth %

Balance

2015

150.5

-3.9

94.7

-9.1

55.8

6.4

38.8

2016

150.3

-0.1

102.6

8.4

47.7

-14.6

54.9

2017

170.4

13.4

117.7

14.7

52.7

10.5

64.9

2018

186.6

9.5

99.5

-15.5

87.1

65.2

12.3

2019

249.7

33.9

157.3

58.2

92.4

6.0

64.9

2020

169.1

-32.3

103.5

-34.2

65.5

-29.0

38.0

2021

250,0

47,8

128,3

23,9

121,6

85,5

6,7

Source: Ministry of Economy and Industry

2. Portuguese investments in Bulgaria

According to Bulgarian National Bank, the total foreign direct investments from Portugal in Bulgaria at the end of 2021 amounted to 5.9 million euros.

The flow of foreign direct investments from Portugal in Bulgaria in 2021 was negative -0.5 million euros.

3. Tourism

year

Portuguese tourists in Bulgaria

%

Bulgarian tourists in Portugal

%

2016

10 115

+1.1

20 051

+42.9

2017

16 297

+61.1

20 030

-0.1

2018

16166

-0.8

20126

0.5

2019

18300

+13.2

19685

-2.2

2020

3765

-79,4

n/a

2021

7671

+103.7

n/a

Source: Ministry of Tourism

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