Bulgaria - Market Overview

Table of content

Source: Statistics Canada
Note: Data on Canada-Bulgaria bilateral service trade and Bulgarian Direct Investment in Canada is not available.

Why Bulgaria Matters

  • Bulgaria is Canada’s 20th largest EU market for exportsFootnote 1 and is the 21st largest EU economyFootnote 2.
  • Bulgaria views Canada as an important trading partner and potential source of foreign direct investment (FDI). Canadian companies have shown interest in Bulgaria’s extractive sectors, especially the mining industry.
  • Bulgaria’s current government has targeted four areas for development, aligning well with Canadian capabilities: (1) education and employment, (2) research and innovation, (3) moving towards a low-carbon footprint and (4) sustainable economic development, which includes good governance and access to quality public services (including efficient e-government).After the ratification and implementation of CETA, Canadian exporters of goods and services will gain substantial new access to Bulgarian government procurement opportunities, such as those below the national level (e.g. Local governments) and public utilities.

How to export to Bulgaria

Read the guide Exporting to the EU.

Sectoral Opportunities in Bulgaria

Contact

For more information on trade and investment in Bulgaria, contact your Trade Commissioner in Bucharest, Romania.

The Trade Commissioner Office in Bucharest covers Romania, Bulgaria and Moldova (non EUEU-state).