Bulgaria / Switzerland

Bulgaria-Switzerland Trade: In 2023, Bulgaria exported $508M to Switzerland. The main products that Bulgaria exported to Switzerland were High-voltage Protection Equipment ($70.4M), Low-voltage Protection Equipment ($31.2M), and Planes, Helicopters, and/or Spacecraft ($27.3M). Over the past 5 years the exports of Bulgaria to Switzerland have increased at an annualized rate of 9.21%, from $327M in 2018 to $508M in 2023.

In 2020, Bulgaria exported services to Switzerland worth $225M, with Computer and information services ($93.1M), Other business services ($63M), and Communications services ($29M) being the largest in terms of value.

Switzerland-Bulgaria Trade: In 2023, Switzerland exported $423M to Bulgaria. The main products that Switzerland exported to Bulgaria were Packaged Medicaments ($110M), Vaccines, blood, antisera, toxins and cultures ($70.4M), and Planes, Helicopters, and/or Spacecraft ($23.2M). Over the past 5 years the exports of Switzerland to Bulgaria have increased at an annualized rate of 6.57%,  from $308M in 2018 to $423M in 2023.

In 2019, Switzerland exported services to Bulgaria worth $74.4M, with Royalties and license fees ($32.2M), Financial services ($18.4M), and Computer and information services ($8.17M) 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).