Luxembourg / Bulgaria

Luxembourg-Bulgaria Trade: In 2023, Luxembourg exported $42.9M to Bulgaria. The main products that Luxembourg exported to Bulgaria were Iron Blocks ($8.65M), Confectionery Sugar ($4.07M), and Rubber Tires ($3.18M). Over the past 5 years the exports of Luxembourg to Bulgaria have decreased at an annualized rate of 7.07%, from $61.9M in 2018 to $42.9M in 2023.

In 2020, Luxembourg exported services to Bulgaria worth $11.4M, with Other business services ($6.85M), Transportation ($3.43M), and Travel ($1.14M) being the largest in terms of value.

Bulgaria-Luxembourg Trade: In 2023, Bulgaria exported $16.8M to Luxembourg. The main products that Bulgaria exported to Luxembourg were Other Iron Products ($1.65M), Motor vehicles; parts and accessories (8701 to 8705) ($971k), and Electrical Transformers ($756k). Over the past 5 years the exports of Bulgaria to Luxembourg have decreased at an annualized rate of 0.21%,  from $17M in 2018 to $16.8M in 2023.

In 2020, Bulgaria exported services to Luxembourg worth $45.1M, with Other business services ($29.9M), Communications services ($6.51M), and Financial services ($3.54M) being the largest in terms of value.

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B), 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).