Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

USA is among the main destinations for Bulgarian high-tech exports

Photo: Ministry of Economy and Industry

The USA is among Bulgaria's leading foreign trade partners, the US market is among the main export destinations for Bulgarian high-tech products. This was announced by the Minister of Economy and Industry, Petar Dilov, at the opening of the Explore U.S. conference, organized by the American Chamber of Commerce in Bulgaria and the Executive Agency for the Promotion of Small and Medium-sized Enterprises, with the support of the US Embassy in Sofia.

Dilov noted that for the period January-October 2024 alone, Bulgaria's trade with the US amounted to 1.4 billion USD, with Bulgaria having a positive trade balance in the trade between the two countries. He pointed out that Bulgarian exports for the first ten months of 2024 were slightly over 1 billion USD, according to statistics. In his words, given the scale of the US economy, Bulgaria and the US can do more to stimulate joint activities and bilateral trade.

Dilov pointed out that Bulgarian companies produce high-tech products in the fields of electronics, cybersecurity, optical systems and ammunition, and have the potential to engage in joint projects, scientific developments and production processes.



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

CITUB: The poorest people in Bulgaria will grow poorer, and faster than before

The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..

published on 1/28/25 12:58 PM

Moody's Ratings affirms Bulgaria’s Baa1 ratings, maintains stable outlook

Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..

published on 1/25/25 4:27 PM
Bulgarian National Bank

Bulgarian National Bank places bonds with new short-term and medium-term domestic debt

On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..

published on 1/22/25 11:05 AM