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Bulgarian exports to the USA have grown by over 50%

published on 10/13/22 6:35 PM

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.

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