Bulgaria and Moldova strengthen economic cooperation: Growth in trade

New horizons for business between Bulgaria and Moldova

Representatives of the chambers of commerce and industry of Moldova and Bulgaria held key discussions aimed at expanding economic cooperation between the two countries. The main focus is the realization of joint projects that will bring benefits to the business communities.

The talks were aimed at finding new mechanisms to support companies and facilitate direct contact between entrepreneurs.

Key points from the meeting:

• Organization of joint business forums and bilateral meetings.
• Encouraging partnerships between companies from both sides.
• Full utilization of trade and economic potential.

Trade relations statistics:

Data for 2021 show that Bulgaria holds a strategic position as Moldova's 15th largest trading partner. Total trade reached 155 million dollars, representing a remarkable growth of 28.2%. Moldovan exports to Bulgaria amounted to 77.8 million dollars, while imports from Bulgaria were worth 77.2 million dollars, demonstrating a balanced partnership.