Bulgaria / Nigeria

Bulgaria-Nigeria Trade: In 2022, Bulgaria exported $47.9M to Nigeria. The main products that Bulgaria exported to Nigeria were Refined Petroleum ($24.3M), Explosive Ammunition ($8.7M), and Carbonates ($3.6M). Over the past 5 years the exports of Bulgaria to Nigeria have increased at an annualized rate of 30.5%, from $12.7M in 2017 to $47.9M in 2022.

In 2020, Bulgaria exported services to Nigeria worth $3.08M, with Other business services ($2.28M), Computer and information services ($457k), and Travel ($343k) being the largest in terms of value.

Nigeria-Bulgaria Trade: In 2022, Nigeria exported $8.43M to Bulgaria. The main products that Nigeria exported to Bulgaria were Cocoa Beans ($4.08M), Polyacetals ($1.52M), and Cocoa Shells ($731k). Over the past 5 years the exports of Nigeria to Bulgaria have increased at an annualized rate of 38.3%,  from $1.66M in 2017 to $8.43M in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).