Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian exports to the USA have grown by over 50%

In 2021, Bulgarian exports to the USA grew by over 50% and amounted to nearly USD 1 billion. This was announced by the Minister of Economy Nikola Stoyanov during the opening of the "EXPLORE U.S." International Conference. 

“America is one of the most competitive markets in the world. The fact that our companies have such impressive growth in exports is indicative of the quality of our production," Stoyanov stressed. According to him, bilateral trade for 2021 amounts to 1.3 billion USD and continues to grow in 2022.

Hundreds of thousands of Bulgarians live and work in the USA, and American companies provide about 30,000 jobs in the Bulgarian economy, the minister pointed out. 

According to a study by AmCham, the USA is in the top 6 of foreign businesses in Bulgaria, concentrated in sectors with high added value.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Petar Ganev

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

published on 10/30/24 10:41 AM

Bulgarian business is looking to hire 261,926 new workers and professionals

In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..

published on 10/24/24 11:42 AM

Bulgaria will apply method used in France and Spain to combat hail

There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said.  At a meeting with Claude Berthet,..

published on 10/24/24 11:21 AM