Bulgaria / Turkey

Bulgaria-Turkey Trade: In 2022, Bulgaria exported $2.95B to Turkey. The main products that Bulgaria exported to Turkey were Refined Copper ($561M), Refined Petroleum ($373M), and Scrap Iron ($158M). Over the past 5 years the exports of Bulgaria to Turkey have increased at an annualized rate of 0.45%, from $2.89B in 2017 to $2.95B in 2022.

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 2022, Turkey exported $4.88B to Bulgaria. The main products that Turkey exported to Bulgaria were Copper Ore ($305M), Petroleum Gas ($299M), and Copper Wire ($190M). Over the past 5 years the exports of Turkey to Bulgaria have increased at an annualized rate of 12.5%,  from $2.71B in 2017 to $4.88B in 2022.

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 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).