Bulgaria / Belgium

Bulgaria-Belgium Trade: In 2023, Bulgaria exported $1.57B to Belgium. The main products that Bulgaria exported to Belgium were Raw Copper ($964M), Industrial Fatty Acids, Oils and Alcohols ($73.8M), and Motorcycles and cycles ($33.3M). Over the past 5 years the exports of Bulgaria to Belgium have increased at an annualized rate of 6.5%, from $1.15B in 2018 to $1.57B in 2023.

In 2020, Bulgaria exported services to Belgium worth $254M, with Other business services ($126M), Transportation ($52.1M), and Travel ($39.1M) being the largest in terms of value.

Belgium-Bulgaria Trade: In 2023, Belgium exported $1.15B to Bulgaria. The main products that Belgium exported to Bulgaria were Tractors ($111M), Industrial Fatty Acids, Oils and Alcohols ($75.9M), and Vaccines, blood, antisera, toxins and cultures ($43.8M). Over the past 5 years the exports of Belgium to Bulgaria have increased at an annualized rate of 9.16%,  from $739M in 2018 to $1.15B in 2023.

In 2020, Belgium exported services to Bulgaria worth $234M, with Other business services ($91.4M), Travel ($72M), and Computer and information services ($42.3M) 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, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).