Ireland-Bulgaria Trade: In 2023, Ireland exported $222M to Bulgaria. The main products that Ireland exported to Bulgaria were Scented Mixtures ($34.5M), Packaged Medicaments ($29.3M), and Industrial Fatty Acids, Oils and Alcohols ($24.3M). Over the past 5 years the exports of Ireland to Bulgaria have increased at an annualized rate of 5.41%, from $171M in 2018 to $222M in 2023.
In 2020, Ireland exported services to Bulgaria worth $38.8M, with Other business services ($27.4M), Insurance services ($8M), and Transportation ($1.14M) being the largest in terms of value.
Bulgaria-Ireland Trade: In 2023, Bulgaria exported $186M to Ireland. The main products that Bulgaria exported to Ireland were Planes, Helicopters, and/or Spacecraft ($55.3M), Starch Residue ($18.8M), and Refined Petroleum ($12.9M). Over the past 5 years the exports of Bulgaria to Ireland have increased at an annualized rate of 8.92%, from $121M in 2018 to $186M in 2023.
In 2020, Bulgaria exported services to Ireland worth $181M, with Other business services ($63.8M), Computer and information services ($57.3M), and Communications services ($40.3M) being the largest in terms of value.
Comparison: In 2023, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).