Bulgaria / Iceland

Bulgaria-Iceland Trade: In 2023, Bulgaria exported $10.7M to Iceland. The main products that Bulgaria exported to Iceland were Packaged Medicaments ($3.09M), Cars ($557k), and Liquid Pumps ($521k). Over the past 5 years the exports of Bulgaria to Iceland have decreased at an annualized rate of 1.56%, from $11.6M in 2018 to $10.7M in 2023.

In 2020, Bulgaria exported services to Iceland worth $2.86M, with Computer and information services ($1.83M), Other business services ($914k), and Travel ($114k) being the largest in terms of value.

Iceland-Bulgaria Trade: In 2023, Iceland exported $1.94M to Bulgaria. The main products that Iceland exported to Bulgaria were Non-fillet Frozen Fish ($1.52M), Fish Fillets ($99.5k), and Fish Oil ($90.9k). Over the past 5 years the exports of Iceland to Bulgaria have decreased at an annualized rate of 1.71%,  from $2.15M in 2018 to $1.94M in 2023.

In 2019, Iceland exported services to Bulgaria worth $5.93M, with Travel ($5.49M) and Transportation ($448k) 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, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.