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

One out of 6.5 million Bulgarians are inactive

Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study..

published on 5/20/24 3:08 PM

The total expenditure per household member in Q1 of 2024 averages EUR 1,290

The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..

published on 5/17/24 2:46 PM
Smilen Valov

Over 1 million is the number of inactive persons on the Bulgarian labor market

There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...

published on 5/16/24 8:49 AM