Bulgaria / Nigeria

Bulgaria-Nigeria Trade: In 2023, Bulgaria exported $18.6M to Nigeria. The main products that Bulgaria exported to Nigeria were Carbonates ($12.2M), Hard Liquor ($772k), and Wine ($650k). Over the past 5 years the exports of Bulgaria to Nigeria have increased at an annualized rate of 2.3%, from $16.6M in 2018 to $18.6M in 2023.

In 2020, Bulgaria exported services to Nigeria worth $3.08M, with Other business services ($2.28M), Computer and information services ($457k), and Travel ($343k) being the largest in terms of value.

Nigeria-Bulgaria Trade: In 2023, Nigeria exported $6.13M to Bulgaria. The main products that Nigeria exported to Bulgaria were Cocoa Beans ($2.82M), Unprocessed Synthetic Staple Fibers ($743k), and Wood Charcoal ($662k). Over the past 5 years the exports of Nigeria to Bulgaria have increased at an annualized rate of 17.4%,  from $2.75M in 2018 to $6.13M in 2023.

In 2023, Nigeria did not export any services to Bulgaria.

Comparison: In 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).