Bulgaria / Germany

Bulgaria-Germany Trade: In 2023, Bulgaria exported $6.84B to Germany. The main products that Bulgaria exported to Germany were Precious Metal Ore ($785M), Precious Metal Scraps ($618M), and Motorcycles and cycles ($262M). Over the past 5 years the exports of Bulgaria to Germany have increased at an annualized rate of 5.67%, from $5.2B in 2018 to $6.84B in 2023.

In 2020, Bulgaria exported services to Germany worth $995M, with Computer and information services ($343M), Transportation ($282M), and Travel ($174M) being the largest in terms of value.

Germany-Bulgaria Trade: In 2023, Germany exported $6.08B to Bulgaria. The main products that Germany exported to Bulgaria were Cars ($455M), Packaged Medicaments ($343M), and Motor vehicles; parts and accessories (8701 to 8705) ($146M). Over the past 5 years the exports of Germany to Bulgaria have increased at an annualized rate of 6.74%,  from $4.39B in 2018 to $6.08B in 2023.

In 2020, Germany exported services to Bulgaria worth $386M, with Transportation ($179M), Other business services ($122M), and Computer and information services ($59.4M) being the largest in terms of value.

Comparison: In 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).