Български 
Ministry of Economy and Industry
8, Slavyanska Str., Sofia 1052, Bulgaria
BULSTAT: 177549105
News
Montenegro
Commercial and Economic Section of the Embassy of the Republic of Bulgaria in Podgorica, Montenegro
Dimitar Tuchkov
Podgorica 81000 56/1, Ivan Crnoevic Blvd. Entr.5, fl. 5tel.+382 69212115e-mail: d.tuchkov@mi.government.bg
Contacts in the Ministry of economy
Vessela BayraktarovaHead of Europe DepartmentForeign Economic Cooperation DirectorateMinistry of Economy
tel.: +359 2 9407886v.bairaktarova@mi.government.bg
Bogomil Bogdanov
Europe department
Foreign economic cooperation directorate
Ministry of Economy
tel.: +359 2 9407759
b.bogdanov@mi.government.bg
I. Еconomic relations between Bulgaria and Montenegro
1. Trade turnover (mln. euro)*
|
Year |
Total turnover |
growth,% |
Export |
growth,% |
import |
growth,% |
Balance |
|
2011 |
12.55 |
-14.97 |
12.08 |
-10.12 |
0.47 |
-64.39 |
11.61 |
|
2012 |
14.89 |
18.65 |
14.29 |
18.29 |
0.6 |
27.66 |
13.69 |
|
2013 |
18 |
20.89 |
16.92 |
18.4 |
1.08 |
80 |
15.85 |
|
2014 |
15.45 |
-14.17 |
13.14 |
-22.34 |
2.31 |
113.89 |
10.83 |
|
2015 |
19.02 |
23.11 |
17.86 |
35.92 |
1.16 |
-49.78 |
16.7 |
|
2016 |
15.02 |
-18.4 |
14.10 |
-15.5 |
0.92 |
-48.00 |
13.18 |
|
2017 |
17.68 |
17.7 |
14.39 |
2.05 |
3.29 |
257.6 |
11.1 |
|
2018 |
25 |
41.4 |
20.6 |
43.2 |
4.4 |
33.7 |
16.2 |
|
2019 |
22.7 |
-9.3 |
21.71 |
5.2 |
1.01 |
-77.2 |
20.70 |
|
2020 |
16 |
-29.5 |
15.3 |
-29.7 |
0.735 |
-25.2 |
14.6 |
|
1-6 2020 |
8.9 |
|
8.6 |
|
0.31 |
|
8.3 |
|
1-6 2021 |
7.1 |
-20.4 |
6.7 |
-22 |
0.382 |
23 |
6.3 |
*Source: Ministry of Economy
2. Investments
Montenegrian foreign direct investments in Bulgaria (mln. euro)*
|
Period/ Year |
Net Transactions |
|
2006 |
0.0 |
|
2007 |
0.4 |
|
2008 |
-0.1 |
|
2009 |
-0.1 |
|
2010 |
-0.1 |
|
2011 |
0.1 |
|
2012 |
0.0 |
|
2013 |
-0.2 |
|
2014 |
0.7 |
|
2015 |
-0.2 |
|
2016 |
0.8 |
|
2017 |
0.0 |
|
2018 |
0.0 |
|
2019 |
0.3 |
|
2020 |
0.0 |
|
Q1 2021 |
0.0 |
|
Q2 2021 |
0.0 |
*Source: Bulgarian National Bank
Bulgarian foreign direct investments in Montenegro (mln. euro)*
|
Period/Year |
Net Transaction |
|
2006 |
0.0 |
|
2007 |
-0.1 |
|
2008 |
0.1 |
|
2009 |
0.3 |
|
2010 |
-0.5 |
|
2011 |
2.9 |
|
2012 |
-0.1 |
|
2013 |
0.0 |
|
2014 |
0.3 |
|
2015 |
0.3 |
|
2016 |
0.1 |
|
2017 |
-0.3 |
|
2018 |
0.0 |
|
2019 |
-0.1 |
|
2020 |
0.1 |
|
Q1 2021 |
0.0 |
|
Q2 2021 |
0.0 |
*Source: Bulgarian National Bank
3. Tourism*
|
Year |
Montenegrin tourists in Bulgaria |
% |
Bulgarian tourists in Montenegro |
% |
|
2011 |
4967 |
52.5% |
176 |
-45.3% |
|
2012 |
4211 |
-15.2% |
775 |
340.3% |
|
2013 |
4448 |
5.6% |
226 |
-70.8% |
|
2014 |
- |
- |
638 |
182.3 |
|
2015 |
- |
- |
- |
- |
|
2016 |
- |
- |
4 999 |
916.1 |
|
2017 |
- |
- |
10 259 |
105.2 |
|
2018 |
7 037 |
6.3 |
10 255 |
0.0 |
|
2019 |
7 140 |
1.5 |
16 016 |
56.2 |
|
2020 |
750 |
N/A |
N/A |
N/A |
|
1-6 2021 |
1 653 |
-15,7 |
N/A |
N/A |
*Source: Ministry of Tourism
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