Bulgaria's exports to Spain reach record values

published on 2/20/23 6:10 PM

Photo: mi.government.bg

In 10 years, Bulgaria's exports to Spain have increased by 73%, as recent years have marked record values in the history of economic cooperation between the two countries. In the period 2017-2019, trade with Spain exceeded 2 billion euros per year, with these values quickly recovering after the pandemic.

Aggregate figures for 2022 are still awaited, but growth is expected to be over 50%.

This became clear during a Bulgarian-Spanish business forum, which is taking place in Madrid.

The event was opened by the Bulgarian Minister of Economy, Nikola Stoyanov, and is organized jointly with the Confederation of Spanish Entrepreneurs (CEOE). It was noted that Spanish companies are showing interest in investments and joint projects in Bulgaria in the automotive sector and information and communication technologies.

Spanish companies have opened more than 3,000 jobs in Bulgaria, emphasized in his speech the ambassador of Spain to Bulgaria H.E. Alejandro Polanco. More than 25,000 Bulgarian students study Spanish, and over 200,000 Bulgarian live in Spain, it became clear during the forum.

These are serious prerequisites for promoting economic ties between our two countries, the Spanish diplomat emphasized.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Share

Bulgaria's exports to Spain reach record values

More from category

Budget for 2025 will not include wage cuts and tax increases

It will be cloudy and foggy on Wednesday with rain showers in some areas

Bulgarian scientists: Bulgarians from the Western Outlands are not a "Shopi nation"

Bulgaria is among the leading countries in the world in coin exports, including to the USA

Sweden seizes Bulgarian ship sailing under Maltese flag

Ministry of Foreign Affairs warns travellers through Serbia of road blockades