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

Bulgarian farmers set to receive new aid exceeding EUR 7 million

Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..

published on 10/8/25 10:23 AM

Fraser Institute: Bulgaria ranks 56th in economic freedom worldwide

In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..

published on 10/2/25 2:59 PM

BNB decreases base interest rate by 0.01%, Bulgaria's gross external debt rises

As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..

published on 10/1/25 10:46 AM