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Country Guide

Not all countries or territories may be represented. Some may not be available due to embargoes or other restrictions. For further information please contact us.

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Dominican Republic *
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Bulgaria
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Dominican Republic *

Bulgaria

Build a new audience and boost your revenue by selling into Bulgaria, leveraging our proven global infrastructure to enter new markets with ease..

*The sale of certain products in this market may be subject to international export regulations. If you would like to learn more about selling into this market, lets chat.

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Why Sell into Bulgaria?

As a newer member of the EU, Bulgaria’s strong macroeconomic health makes it an attractive market for businesses. A low corporate and personal income tax rate of 10% is one of several competitive advantages. Its strategic location in the center of Southeastern Europe and at the crossroads to the Middle East offers a potential launch-pad for expansion into neighboring markets. Bulgaria’s highly educated workforce has the lowest minimum wage in the EU.

A rapid increase in the number of internet users has occurred since 2004, attributed in part to having one of the fastest average broadband internet connections in the world. Revenue in the ecommerce market is projected to reach $874 million in 2021 and is expected to show an annual growth rate of 12.7%, resulting in a projected market volume of $1,411 million by 2025. The market’s largest segment is fashion with a projected market volume of $316 million in 2021.


Localized Shopping Experiences in Bulgaria

Processing Currency

Available currencies will depend on the payment method provider, as well as any regulatory restrictions.

EUR

Available Product Categories

Digital River can support the sales of these types of products for this specific market.

Digital

Preferred currency
Popular payment options
Intelligent transaction routing
Established tax registration

Explore Additional Markets You Can Reach From Dominican Republic


Popular payment types in Bulgaria

Cash on delivery is most popular online payment method followed by credit cards and ePay/EasyPay.


Bulgaria Available payment types for Bulgaria

The list below represents the current categories of payment options Digital River supports for this market.


Payment methods for Bulgaria

Ecommerce facts and figures
$67.9B GDP 7M Total Population 67% Internet Usage

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