Malta / Bulgaria

Malta-Bulgaria Trade: In 2023, Malta exported $16.1M to Bulgaria. The main products that Malta exported to Bulgaria were Packaged Medicaments ($5.4M), Motor vehicles; parts and accessories (8701 to 8705) ($3.13M), and Nitrogen Heterocyclic Compounds ($1.73M). Over the past 5 years the exports of Malta to Bulgaria have decreased at an annualized rate of 35.2%, from $141M in 2018 to $16.1M in 2023.

In 2020, Malta exported services to Bulgaria worth $0, with being the largest in terms of value.

Bulgaria-Malta Trade: In 2023, Bulgaria exported $19.1M to Malta. The main products that Bulgaria exported to Malta were Corn ($2.33M), Electric Heaters ($2.22M), and Baked Goods ($974k). Over the past 5 years the exports of Bulgaria to Malta have decreased at an annualized rate of 2.09%,  from $21.2M in 2018 to $19.1M in 2023.

In 2020, Bulgaria exported services to Malta worth $57.6M, with Royalties and license fees ($22.6M), Other business services ($16.3M), and Computer and information services ($14.2M) being the largest in terms of value.

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).