Bulgaria-India Trade: In 2022, Bulgaria exported $393M to India. The main products that Bulgaria exported to India were Seed Oils ($205M), Nitrogenous Fertilizers ($56.3M), and Carbonates ($13.3M). Over the past 5 years the exports of Bulgaria to India have increased at an annualized rate of 19.9%, from $159M in 2017 to $393M in 2022.
In 2020, Bulgaria exported services to India worth $14.3M, with Travel ($3.77M), Other business services ($3.43M), and Transportation ($2.86M) being the largest in terms of value.
India-Bulgaria Trade: In 2022, India exported $282M to Bulgaria. The main products that India exported to Bulgaria were Nitrogen Heterocyclic Compounds ($23.9M), Other Large Iron Pipes ($17.6M), and Hot-Rolled Iron ($15.8M). Over the past 5 years the exports of India to Bulgaria have increased at an annualized rate of 10.9%, from $169M in 2017 to $282M in 2022.
In 2022, India did not export any services to Bulgaria.
Comparison: In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).