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Germany remains Bulgaria's largest foreign trade partner

Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce.  At a ceremony held at the University of..

31.01.25 09:32 |

Bulgarian-Albanian Business Chamber to support innovations in tourism, renewable energy and trade

The Bulgarian-Albanian Business Chamber (BABC) will support the connections between the Albanian and Bulgarian communities in the business sector, with the ambition to create a unique space that will link the diaspora with its roots. It will play an..

28.01.25 10:58 |

Export to EU and non-EU countries declines

In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..

12.12.24 13:23 |

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

24.10.24 09:15 |

E-commerce to boost Bulgarian-Chinese trade turnover

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..

24.07.24 11:54 |

Trade turnover between Bulgaria and Greece reaches a record of 4.5 billion euros

Bulgaria's full accession to Schengen will give an additional boost to the relations between Bulgaria and Greece, Greek Foreign Minister Giorgos Gerapetritis said at a briefing in Sofia. The guest pointed out that people-to-people..

27.02.24 13:40 |
Caretaker Economy Minister Nikola Stoyanov (right) and Egyptian Ambassador to Bulgaria Khalid Emara

Export of Bulgarian cereals to Egypt grows

The trade between Bulgaria and Egypt grew by 40% in 2022 compared to the previous year and amounted to USD 828.34 million, Economy Ministry reported after a meeting between caretaker Economy Minister Nikola Stoyanov and Egyptian Ambassador to Bulgaria..

10.04.23 16:24 |

Turkey - most preferred partner for Bulgarian business

Germany has lost its former leading position as the most preferred business partner for Bulgarian companies , according to a recent survey by the Bulgarian Chamber of Commerce and Industry.  The leading position is now held by Turkey, Bulgaria's..

26.03.23 08:05 |

Export of energy sources from USA to Bulgaria has grown more than 30 times

Bulgaria exports goods worth 1.2 billion USD to the USA, which represents stable growth. This is evident from in the Transatlantic Economy 2023 study, presented on March 21 in Brussels and Washington. The document was..

22.03.23 16:02 |

Bulgaria’s commercial attachés join battle for lower food prices

Bulgarian Minister of Economy, Nikola Stoyanov, has ordered Bulgaria's trade representatives abroad to collect data on the prices of more than 20 basic food products. The list of products includes flour, oil, rice, beans, sugar, milk, butter,..

28.02.23 18:35 |
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