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

The Vienna Economic Forum - Sofia Meeting 2024

Caretaker PM Dimitar Glavchev with an address to the Vienna Economic Forum - Sofia Meeting

“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports. Sofia is hosting the meeting of the..

published on 4/22/24 10:24 AM
Adrian Nikolov

Salaries in industry will catch up with the pay in the IT sector

In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared to the other EU countries, this percentage remains high. 1/7 th of the young people who are..

published on 4/19/24 10:32 AM
Dimitar Radev

Dimitar Radev: Joining the Eurozone later in 2025 is a possible scenario

Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev said for BTA in Washington during the Spring Meetings of the World Bank Group and the International..

published on 4/18/24 10:27 AM