Bulgaria / Spain

Bulgaria-Spain Trade: In 2023, Bulgaria exported $1.32B to Spain. The main products that Bulgaria exported to Spain were Wheat ($241M), Industrial Fatty Acids, Oils and Alcohols ($102M), and Corn ($60.7M). Over the past 5 years the exports of Bulgaria to Spain have increased at an annualized rate of 12%, from $751M in 2018 to $1.32B in 2023.

In 2020, Bulgaria exported services to Spain worth $119M, with Computer and information services ($34.4M), Travel ($33.4M), and Transportation ($31.5M) being the largest in terms of value.

Spain-Bulgaria Trade: In 2023, Spain exported $972M to Bulgaria. The main products that Spain exported to Bulgaria were Pig Meat ($174M), Industrial Fatty Acids, Oils and Alcohols ($117M), and Packaged Medicaments ($30.5M). Over the past 5 years the exports of Spain to Bulgaria have decreased at an annualized rate of 11%,  from $1.74B in 2018 to $972M in 2023.

In 2008, Spain exported services to Bulgaria worth $71M, with Services not allocated ($71M) 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).