Hungary / Bulgaria

Hungary-Bulgaria In 2021, Hungary exported $1.61B to Bulgaria. The main products that Hungary exported to Bulgaria are Packaged Medicaments ($237M), Cars ($138M), and Video Displays ($76.2M). During the last 26 years the exports of Hungary to Bulgaria have increased at an annualized rate of 15.8%, from $35.3M in 1995 to $1.61B in 2021.

In 2020, Hungary exported services to Bulgaria worth $192M, with Transportation ($112M), Travel ($53M), and Other business services ($11.1M) being the largest in terms of value.

Bulgaria-Hungary In 2021, Bulgaria exported $813M to Hungary. The main products that Bulgaria exported to Hungary were Industrial Fatty Acids, Oils and Alcohols ($147M), Petroleum Gas ($75.5M), and Other Small Iron Pipes ($44.8M). During the last 26 years the exports of Bulgaria to Hungary have increased at an annualized rate of 15.2%, from $20.6M in 1995 to $813M in 2021.

In 2020, Bulgaria exported services to Hungary worth $79.7M, with Transportation ($38.3M), Other business services ($16.6M), and Travel ($15.3M) being the largest in terms of value.

Comparison In 2021,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($137B). That same year, Bulgaria ranked 40 in the Economic Complexity Index (ECI 0.63), and 59 in total exports ($43.3B).