Bulgaria / Belgium

Bulgaria-Belgium Trade: In 2022, Bulgaria exported $1.29B to Belgium. The main products that Bulgaria exported to Belgium were Raw Copper ($566M), Motorcycles and cycles ($118M), and Rapeseed ($52.8M). Over the past 5 years the exports of Bulgaria to Belgium have decreased at an annualized rate of 0.76%, from $1.34B in 2017 to $1.29B in 2022.

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 2022, Belgium exported $1.01B to Bulgaria. The main products that Belgium exported to Bulgaria were Tractors ($64.2M), Cars ($59.3M), and Industrial Fatty Acids, Oils and Alcohols ($51.1M). Over the past 5 years the exports of Belgium to Bulgaria have increased at an annualized rate of 7.76%,  from $696M in 2017 to $1.01B in 2022.

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

Comparison: In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).