Bulgaria / Singapore

Bulgaria-Singapore Trade: In 2022, Bulgaria exported $38.9M to Singapore. The main products that Bulgaria exported to Singapore were Integrated Circuits ($8.59M), Machinery Having Individual Functions ($3.8M), and Medical Instruments ($2.12M). Over the past 5 years the exports of Bulgaria to Singapore have decreased at an annualized rate of 33.4%, from $296M in 2017 to $38.9M in 2022.

In 2020, Bulgaria exported services to Singapore worth $12.3M, with Communications services ($5.83M), Computer and information services ($3.2M), and Other business services ($1.94M) being the largest in terms of value.

Singapore-Bulgaria Trade: In 2022, Singapore exported $160M to Bulgaria. The main products that Singapore exported to Bulgaria were Planes, Helicopters, and/or Spacecraft ($92.9M), Bi-Wheel Vehicle Parts ($32.5M), and Computers ($7.6M). Over the past 5 years the exports of Singapore to Bulgaria have increased at an annualized rate of 23.3%,  from $56.1M in 2017 to $160M in 2022.

In 2022, Singapore did not export any services to Bulgaria.

Comparison: In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).