Podcast in English
Text size
Bulgarian National Radio © 2025 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

Bulgarian National Bank

For another month, Bulgarian National Bank lowers the key interest rate in the country

The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..

published on 5/1/25 11:50 AM
Economy Minister Petar Dilov in parliament.

Bulgaria expects negative spillover effect from US tariffs

An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...

published on 4/29/25 4:23 PM

Bulgaria sells EUR 4 billion in bonds

Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..

published on 4/29/25 9:04 AM