Lithuania / Bulgaria

Lithuania-Bulgaria Trade: In 2022, Lithuania exported $158M to Bulgaria. The main products that Lithuania exported to Bulgaria were Industrial Fatty Acids, Oils and Alcohols ($23.4M), Rolled Tobacco ($18.4M), and Polyacetals ($11.3M). Over the past 5 years the exports of Lithuania to Bulgaria have increased at an annualized rate of 17.3%, from $71.2M in 2017 to $158M in 2022.

In 2020, Lithuania exported services to Bulgaria worth $12.4M, with Transportation ($5.6M), Other business services ($4.34M), and Computer and information services ($1.6M) being the largest in terms of value.

Bulgaria-Lithuania Trade: In 2022, Bulgaria exported $160M to Lithuania. The main products that Bulgaria exported to Lithuania were Nitrogenous Fertilizers ($27.7M), Packaged Medicaments ($13.4M), and Wadding ($11.6M). Over the past 5 years the exports of Bulgaria to Lithuania have increased at an annualized rate of 12.1%,  from $90.4M in 2017 to $160M in 2022.

In 2020, Bulgaria exported services to Lithuania worth $10.4M, with Transportation ($4M), Travel ($3.54M), and Other business services ($1.37M) being the largest in terms of value.

Comparison: In 2022,  Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).