Bulgaria / Albania

Bulgaria-Albania Trade: In 2023, Bulgaria exported $132M to Albania. The main products that Bulgaria exported to Albania were Baked Goods ($16.6M), Aircraft parts (gliders, balloons, and powered aircraft) ($6.41M), and Heavy Synthetic Cotton Fabrics ($6.37M). Over the past 5 years the exports of Bulgaria to Albania have increased at an annualized rate of 11.6%, from $76.4M in 2018 to $132M in 2023.

In 2023, Bulgaria did not export any services to Albania.

Albania-Bulgaria Trade: In 2023, Albania exported $51.2M to Bulgaria. The main products that Albania exported to Bulgaria were Petroleum Gas ($10.2M), Scrap Copper ($5.14M), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.7M). Over the past 5 years the exports of Albania to Bulgaria have increased at an annualized rate of 20.1%,  from $20.5M in 2018 to $51.2M in 2023.

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 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).