Bulgaria / Turkey

Bulgaria-Turkey Trade: In 2023, Bulgaria exported $2.73B to Turkey. The main products that Bulgaria exported to Turkey were Refined Copper ($489M), Insulated Wire ($161M), and Refined Petroleum ($156M). Over the past 5 years the exports of Bulgaria to Turkey have decreased at an annualized rate of 1.02%, from $2.87B in 2018 to $2.73B in 2023.

In 2020, Bulgaria exported services to Turkey worth $323M, with Travel ($246M), Transportation ($56.8M), and Communications services ($9.02M) being the largest in terms of value.

Turkey-Bulgaria Trade: In 2023, Turkey exported $4.45B to Bulgaria. The main products that Turkey exported to Bulgaria were Copper Ore ($212M), Copper Wire ($183M), and Electricity ($101M). Over the past 5 years the exports of Turkey to Bulgaria have increased at an annualized rate of 12.3%,  from $2.48B in 2018 to $4.45B in 2023.

In 2009, Turkey exported services to Bulgaria worth $530M, with Travel ($526M), Other business services ($3.1M), and Insurance services ($1.03M) 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).