Bulgaria / Singapore

Bulgaria-Singapore Trade: In 2023, Bulgaria exported $177M to Singapore. The main products that Bulgaria exported to Singapore were Refined Copper ($114M), Refined Petroleum ($16.8M), and Low-voltage Protection Equipment ($8.59M). Over the past 5 years the exports of Bulgaria to Singapore have decreased at an annualized rate of 13.6%, from $369M in 2018 to $177M in 2023.

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 2023, Singapore exported $46.1M to Bulgaria. The main products that Singapore exported to Bulgaria were Bi-Wheel Vehicle Parts ($17.3M), Computers ($8.6M), and Scrap Lead ($5.06M). Over the past 5 years the exports of Singapore to Bulgaria have decreased at an annualized rate of 2.04%,  from $51.1M in 2018 to $46.1M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).