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

Export of Bulgarian cereals to Egypt grows

Caretaker Economy Minister Nikola Stoyanov (right) and Egyptian Ambassador to Bulgaria Khalid Emara
Photo: mi.government.bg

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 Khalid Emara on Monday.

The past year has also seen a great increase in the purchases of Bulgarian cereals, Khalid Emara noted, stressing that Cairo continues to have a serious interest in the import of wheat and sunflower seeds from Bulgaria. 

The meeting also focused on potential cooperation in the automotive industry, energy sources and start-ups. Various initiatives with the participation of Bulgaria in Egypt were discussed, aimed at the production of components for electric cars and software solutions in the sector.



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

Institute for Market Economics

High added value manufacturing marks significant growth: Institute for Market Economics

Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..

published on 11/16/24 2:04 PM

Monthly inflation rises to 1.1%

Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..

published on 11/15/24 3:22 PM

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

published on 11/14/24 9:31 AM