Bulgarian-American trade has grown steadily since Bulgaria changed from a socialist to a market economy, and particularly since Bulgaria joined NATO in 2004 and the European Union in 2007. In 2007, the first and second largest investments in the Bulgarian economy were made by U.S. firms. Bilateral trade has been steadily growing since 1999. Two-way merchandise trade is just under $1 billion with US exports to Bulgaria reaching $491 million and Bulgarian exports at $439 million in 2006.
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