Text size

Export of Bulgarian cereals to Egypt grows

published on 4/10/23 4:24 PM

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!

Radio Bulgaria Economy automotive industry Bulgaria Egypt grain Khalid Emara Nikola Stoyanov trade

More from category

In three months, the average salary in Bulgaria went up 5.3% to EUR 1,315.

Preliminary data from the National Statistical Institute (NSI) shows a 1.3% increase in employment from March to June 2025, reaching 2.38 million. The hotel and restaurant sector had the largest increase in employment (24.8%), followed by real estate..

published on 8/12/25 4:47 PM

The Bulgarian National Bank (BNB) expects inflation in the country to continue to rise until the end of 2025

The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..

published on 8/7/25 8:53 AM

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..

published on 8/6/25 9:51 AM