Estonia / Bulgaria

Estonia-Bulgaria Trade: In 2023, Estonia exported $165M to Bulgaria. The main products that Estonia exported to Bulgaria were Gold ($57.7M), Ammonia ($29.2M), and Other Sea Vessels ($14.1M). Over the past 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 28.7%, from $46.7M in 2018 to $165M in 2023.

In 2020, Estonia exported services to Bulgaria worth $17.2M, with Transportation ($9.02M), Other business services ($3.54M), and Travel ($2.4M) being the largest in terms of value.

Bulgaria-Estonia Trade: In 2023, Bulgaria exported $49.8M to Estonia. The main products that Bulgaria exported to Estonia were Silver ($12.7M), Electrical Transformers ($3.15M), and Raw Plastic Sheeting ($2.06M). Over the past 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 12.9%,  from $27.2M in 2018 to $49.8M in 2023.

In 2020, Bulgaria exported services to Estonia worth $6.4M, with Computer and information services ($2.17M), Transportation ($1.6M), and Travel ($1.03M) being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).