At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and representatives of leading Japanese companies operating in the sphere of transport, construction, the food industry, IT, cinema, tourism, culture and art, as well as local self-government in the country, the presidential press service has announced.
During the first 6 months of 2024, trade between Bulgaria and Japan totaled USD 124.1 million, USD 37.9 million in exports and USD 86.2 million in imports from Japan. Integrated circuits and electronic microassemblies, as well as chemical products account for the growth in Bulgarian exports. Cars are top of the list in Japanese imports.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
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