Italy / Bulgaria

Italy-Bulgaria Trade: In 2022, Italy exported $3.27B to Bulgaria. The main products that Italy exported to Bulgaria were Silver ($93.5M), Cars ($89.8M), and Packaged Medicaments ($86.8M). Over the past 5 years the exports of Italy to Bulgaria have increased at an annualized rate of 6.81%, from $2.35B in 2017 to $3.27B in 2022.

In 2020, Italy exported services to Bulgaria worth $221M, with Transportation ($67.3M), Travel ($53.1M), and Other business services ($47.1M) being the largest in terms of value.

Bulgaria-Italy Trade: In 2022, Bulgaria exported $3.85B to Italy. The main products that Bulgaria exported to Italy were Refined Copper ($706M), Industrial Fatty Acids, Oils and Alcohols ($267M), and Seed Oils ($145M). Over the past 5 years the exports of Bulgaria to Italy have increased at an annualized rate of 2.09%,  from $2.6B in 2017 to $3.85B in 2022.

In 2020, Bulgaria exported services to Italy worth $189M, with Transportation ($99.4M), Travel ($41.7M), and Other business services ($28.6M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).