Iran / Bulgaria

Iran-Bulgaria Trade: In 2023, Iran exported $60.9M to Bulgaria. The main products that Iran exported to Bulgaria were Styrene Polymers ($22M), Ferroalloys ($10.8M), and Ethylene Polymers ($5.94M). Over the past 5 years the exports of Iran to Bulgaria have increased at an annualized rate of 8.5%, from $40.5M in 2018 to $60.9M in 2023.

In 2023, Iran did not export any services to Bulgaria.

Bulgaria-Iran Trade: In 2023, Bulgaria exported $129M to Iran. The main products that Bulgaria exported to Iran were Pulley Systems ($6.57M), Industrial Food Preperation Machinery ($6.43M), and Tobacco Processing Machines ($5.59M). Over the past 5 years the exports of Bulgaria to Iran have increased at an annualized rate of 19.7%,  from $52.6M in 2018 to $129M in 2023.

In 2009, Bulgaria exported services to Iran worth $25.6M, with Services not allocated ($12.8M), Travel ($11.9M), and Transportation ($906k) being the largest in terms of value.

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).