US among Top 20 trade partners of Bulgaria

Photo: BGNES Emil Karanikolov

The United States is among Bulgaria's top 20 trade partners, Economy Minister Emil Karanikolov said Tuesday at the opening of a conference mottoed Explore USA, cited by his ministry in a press release. The conference discussed the opportunities of Bulgarian companies to expand their business in the US.

In the past decade, bilateral trade between the two countries shows a number of positive trends, as it managed to regain the levels it had before the 2008-09 financial crisis.
Karanikolov noted that in 2018, trade between Bulgaria and the US reached 561 million dollars, a considerable rise above the record level from 2012. He also said the American market is among the main export destinations for Bulgarian high-tech products.
The minister said the Bulgarian government will continue to focus its foreign economic policies on the future expansion of trade and investment relations with the US as a strategic partner, the press release says.

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