Switzerland / Bulgaria

Switzerland-Bulgaria Trade: In 2022, Switzerland exported $489M to Bulgaria. The main products that Switzerland exported to Bulgaria were Packaged Medicaments ($109M), Vaccines, blood, antisera, toxins and cultures ($92.9M), and Planes, Helicopters, and/or Spacecraft ($27.4M). Over the past 5 years the exports of Switzerland to Bulgaria have increased at an annualized rate of 8.16%, from $331M in 2017 to $489M in 2022.

In 2019, Switzerland exported services to Bulgaria worth $74.4M, with Royalties and license fees ($32.2M), Financial services ($18.4M), and Computer and information services ($8.17M) being the largest in terms of value.

Bulgaria-Switzerland Trade: In 2022, Bulgaria exported $418M to Switzerland. The main products that Bulgaria exported to Switzerland were High-voltage Protection Equipment ($53M), Low-voltage Protection Equipment ($24.9M), and Packaged Medicaments ($19.5M). Over the past 5 years the exports of Bulgaria to Switzerland have increased at an annualized rate of 9.08%,  from $271M in 2017 to $418M in 2022.

In 2020, Bulgaria exported services to Switzerland worth $225M, with Computer and information services ($93.1M), Other business services ($63M), and Communications services ($29M) being the largest in terms of value.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).