Bulgaria / Albania

Bulgaria-Albania Trade: In 2022, Bulgaria exported $134M to Albania. The main products that Bulgaria exported to Albania were Baked Goods ($11.7M), Aircraft Parts ($8.17M), and Heavy Synthetic Cotton Fabrics ($6.21M). Over the past 5 years the exports of Bulgaria to Albania have increased at an annualized rate of 8.21%, from $90.4M in 2017 to $134M in 2022.

In 2022, Bulgaria did not export any services to Albania.

Albania-Bulgaria Trade: In 2022, Albania exported $55.3M to Bulgaria. The main products that Albania exported to Bulgaria were Copper Ore ($13.8M), Petroleum Gas ($7.02M), and Scrap Copper ($6.2M). Over the past 5 years the exports of Albania to Bulgaria have increased at an annualized rate of 22.2%,  from $20.3M in 2017 to $55.3M in 2022.

In 2017, Albania exported services to Bulgaria worth $17.6M, with Travel ($14.2M), Other business services ($2.26M), and Transportation ($678k) 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, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).