India-Bulgaria Trade: In 2023, India exported $269M to Bulgaria. The main products that India exported to Bulgaria were Nitrogen Heterocyclic Compounds ($21.9M), Other Large Iron Pipes ($18.5M), and Electrical Transformers ($14.2M). Over the past 5 years the exports of India to Bulgaria have increased at an annualized rate of 2.34%, from $239M in 2018 to $269M in 2023.
In 2023, India did not export any services to Bulgaria.
Bulgaria-India Trade: In 2023, Bulgaria exported $239M to India. The main products that Bulgaria exported to India were Seed Oils ($66.2M), Carbonates ($27.9M), and Chemical Analysis Instruments ($10.4M). Over the past 5 years the exports of Bulgaria to India have increased at an annualized rate of 10.5%, from $145M in 2018 to $239M in 2023.
In 2020, Bulgaria exported services to India worth $14.3M, with Travel ($3.77M), Other business services ($3.43M), and Transportation ($2.86M) being the largest in terms of value.
Comparison: In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).