Bulgaria–United States trade relations

Bulgarian exports continue to grow and in 2022 reached 50.25 billion dollars, or 21% more than in 2021, when it was 41.9 billion dollars. This is stated in an analysis of the Bulgarian Chamber of Commerce.

Bulgaria climbed to 57th place in the world in terms of exports from 59th place a year earlier. In the EU, the country retains 20th place - both for 2021 and 2022.

In the period January - November 2019, Bulgaria's exports to the EU grew by 3.4% in comparison with the same period of 2018 and amounted to BGN 36,223.9 Million, the National Statistical Institute said in a press release. The main trade partners of Bulgaria were Germany, Romania, Italy, Greece, France and Belgium, accounting for 66. 4% of the exports to the EU Member States.

Trade relations between Bulgaria and Germany are better than ever. This confirms both the record of record trade between the two countries and the politicians - the recent visit of the German President Frank-Walter Steinmeier to Bulgaria.

The Bulgarian exports to Canada have grown 15% under the EU-Canada Comprehensive and Economic Trade Agreement (CETA), says Mr. Brad Niblock, senior trade commissioner at the Embassy of Canada to Romania, Bulgaria and the Republic of Moldova. According to Mr.

The biggest foreign investors in the Bulgarian economy are from the European Union, according to a statement made by the Minister of Economy Emil Karanikolov.
 
Foreign direct investment in the country for the period January - March 2018 amounted to EUR 179.1 million. For the same period in 2017 these foreign investments in the country amounted to EUR 950.1 million.
 

For the first nine months of 2017, investments from Switzerland in Bulgaria amounted to 128.3 million. This was announced by the Minister of Economy Emil Karanikolov during a meeting with the Bulgarian-Swiss Chamber of Commerce, the Ministry of Economy announced.

The event was attended by representatives of over 40 companies.

In the period January - September 2017 Bulgarian exports to third countries increased by 15.0% in comparison with the corresponding period of the previous year and amounted to 13 042.9 Million BGN.

I believe that Bulgaria and Cuba have a number of ways of mutually beneficial cooperation in many areas, in line with Bulgaria's membership of the European Union and the membership of Cuba in the Latin American Integration Association, Emil Karanikov, Minister of Economy, said at a meeting with Pedro Pablo San Jorge, Ambassador of Cuba in Bulgaria, informed the ministry press office cited by BT

During his working visit to the USA, Bulgarian Foreign Minister Daniel Mitov called for more US investments and tourists to Bulgaria as well as the waiver of visas for Bulgarian citizens traveling to the USA.

Bulgaria has expanded its trade with the European Union (EU),while it has contracted its trade with third countries, shows National Statistical Institute (NSI) data, which was published on Monday.

In the period January - October 2014 Bulgarian exports to the EU amounted to BGN 22.4 B, recording an increase of 2.4 % compared to the same period in 2013.