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US$ 295.72mn
is bilateral trade value for 2020-2021

US$ 5.38mn

FDI inflows to India between April 2000-March 2020

650
Overseas Indians living in Bulgaria

Additional Accreditation The Mission in Bulgaria also handles India's bilateral relations with North Macedonia

Tourism

Bulgaria, with its beautiful mountains and coast along the Black sea has much to offer in terms of tourism.

Silicon Valley

Considered the Silicon Valley of South-Eastern Europe, with a rich tradition in the IT and electronics sectors

Capabilities

Strong Cyber-security and defense capabilities with proactive policies and measures

Tax regime

Most favourable tax regime in Europe. At 10% the corporate income tax rate is the lowest in EU

Strategical location

Direct access to European, CIS, Middle East and North African markets

India's Exports and Imports to Bulgaria

Indian Bulgarian Business Chamber

Visit Website

24 Patriarch Evtimii Blvd Sredets Region 1000, Sofia, Republic of Bulgaria

Invest Bulgaria Agency

(+359) 2 985 5500

Visit Website

23 Vrabcha fl. 3 Street Sofia 1000, Bulgaria

Embassy of India, Sofia

+359 2963 56 75 / 76 / 77

Visit Website

4 Alfred Noble Street
Sofia 1113, Bulgaria

Commercial Representative

+359 2963 5685 / +359 888439800 / +359 888439800

Visit Website

Second Secretary

Opportunities

Agricultural exports

    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Whiskies (220830)

    agriexchange.apeda.gov.in

    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), fresh/chilled (020319)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Aquatic invertebrates; sea cucumbers (Stichopus japonicus,
    Holothurioidea), Iive, fresh or chilled (030811)
    Crustaceans; frozen, cold-water shrimps and prawns
    (Pandalus spp., Crangon crangon), In shell or not, smoked, cooked or not before or during smoking, in shell, cooked by steaming or by bolling in water (030616)
    Fish, fresh or chilled, seabass (Dicentrarchus
    spp.). excluding fillets, livers, roes, and other fish meat of heading 0304 (030284)
    Fish; fresh or chilled, Atlantic salmon
    (Salmo salar) and Danube salmon (Hucho
    hucho), excluding fillets, Iivers, roes, and
    other fish meat of heading 0304
    (030214)
    Fish; frozen, mackerel (Scomber scombrus, Scomber
    australasicus, Scomber japonicus), excluding fillets, livers, roes, and other fish meat of
    heading 0304 (030354)

    fishexchange.mpeda.gov.in
Minerals

    Production – 94,424,000 tonnes
    Export – US$ 489.32 million

    Production: Coal – 3,45,87,500 tons
    Production: Brown/Lignite Coal – 37,784,000 tonnes

    Export: Brown/Lignite Coal – 25,000 tonnes

    me.government.bgwmc.org.pl

    Production – 110,290 tons
    Export – US $3.01 billion (2018)
    Raw – US$ 1.21 billion

    wmc.org.pl

    Production – 9,449 kgs (2017)

    Production: 22,860 tons
    Export: US$ 200 million

    me.government.bg

    Production: 79.28 million cubic meters
    Export: 31.15 million cubic meters

    me.government.bg

    Refined Petroleum
    Export: US$ 2.04 billion (2017)

    OEC World

    Production: 19,250 tons

    wmc.org.pl

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Bulgaria
  • Laboratory instruments & apparatus
  • Animal feeding preparations
  • Kraft paper
  • Radio-broadcasting apparatus
  • Aluminium waste & scrap
  • Machinery for working rubber or plastics; copper waste & scrap
  • Engines & motors
India's top export to Bulgaria
  • Organic chemicals
  • Unmanufactured tobacco
  • Medicaments
  • Electric parts
  • Wool
  • Paving blocks
  • Polymers of propylene
  • Ferro-alloys

Bilateral Investors

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