Trade between Sweden & Bulgaria

The trade between Sweden and Bulgaria has increased extensively during the last couple of years. In 2007, Swedish exports to Bulgaria amounted to 1,3 billion SEK and Swedish imports from Bulgaria reached 620 million SEK. The main sectors for this trade are the machine- and vehicle industry. Bulgaria also holds an eminent position within the textile- and metal industry as well as having a highly developed tourism sector.

Bulgaria has had an economic growth of over 6 percent the last three years. Foreign direct investments have increased significantly and amounted to €5 billion in 2007. Major investor countries are Germany, Italy, Greece and Austria. Around 50 Swedish companies are active on the Bulgarian market, among these are Ericsson, ABB, Scania, SKF and Astra Zeneca.

Bulgaria also became an EU-member in January 2007, which has made the country even more attractive for foreign companies. There is also extensive EU-funding to access, €9,6 billion for the period 2007-2013, within these funds, the transport and environmental sectors are prioritized.

The Swedish Trade Council in Bulgaria provides trade and investment information for Swedish companies as well as conducts customized consultancy projects for Swedish companies’ doing business in the country. Information about procedures for imports, customs, taxes as well as investment opportunities can be found on the websites listed to the right

For further information regarding the Bulgarian economy and foreign trade as well as concerning Swedish business activities in Bulgaria, please refer to the Links to the right.