Bulgaria / Romania

Bulgaria-Romania Trade: In 2022, Bulgaria exported $6.55B to Romania. The main products that Bulgaria exported to Romania were Petroleum Gas ($1.48B), Electricity ($672M), and Industrial Fatty Acids, Oils and Alcohols ($361M). Over the past 5 years the exports of Bulgaria to Romania have increased at an annualized rate of 22.6%, from $2.37B in 2017 to $6.55B in 2022.

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

Romania-Bulgaria Trade: In 2022, Romania exported $3.9B to Bulgaria. The main products that Romania exported to Bulgaria were Refined Petroleum ($361M), Crude Petroleum ($233M), and Sunflower Seeds ($185M). Over the past 5 years the exports of Romania to Bulgaria have increased at an annualized rate of 7.85%,  from $2.3B in 2017 to $3.9B in 2022.

In 2020, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

Comparison: In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).