Denmark / Bulgaria

Denmark-Bulgaria Trade: In 2023, Denmark exported $345M to Bulgaria. The main products that Denmark exported to Bulgaria were Semiconductor Devices ($86.9M), Packaged Medicaments ($58.3M), and Pig Meat ($20.4M). Over the past 5 years the exports of Denmark to Bulgaria have increased at an annualized rate of 13.5%, from $183M in 2018 to $345M in 2023.

In 2020, Denmark exported services to Bulgaria worth $146M, with Transportation ($85.8M), Travel ($35.4M), and Other business services ($12.7M) being the largest in terms of value.

Bulgaria-Denmark Trade: In 2023, Bulgaria exported $245M to Denmark. The main products that Bulgaria exported to Denmark were Motorcycles and cycles ($24.2M), Valves ($16.8M), and Other Furniture ($15.1M). Over the past 5 years the exports of Bulgaria to Denmark have increased at an annualized rate of 4.78%,  from $194M in 2018 to $245M in 2023.

In 2020, Bulgaria exported services to Denmark worth $62.9M, with Computer and information services ($23.5M), Transportation ($16.3M), and Other business services ($12M) being the largest in terms of value.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).