Iceland / Bulgaria

Iceland-Bulgaria Trade: In 2022, Iceland exported $1.23M to Bulgaria. The main products that Iceland exported to Bulgaria were Non-fillet Frozen Fish ($592k), Fish Fillets ($287k), and Non-fillet Fresh Fish ($125k). Over the past 5 years the exports of Iceland to Bulgaria have decreased at an annualized rate of 9.94%, from $2.08M in 2017 to $1.23M in 2022.

In 2019, Iceland exported services to Bulgaria worth $5.93M, with Travel ($5.49M) and Transportation ($448k) being the largest in terms of value.

Bulgaria-Iceland Trade: In 2022, Bulgaria exported $8.47M to Iceland. The main products that Bulgaria exported to Iceland were Packaged Medicaments ($688k), Cars ($559k), and Valves ($456k). Over the past 5 years the exports of Bulgaria to Iceland have increased at an annualized rate of 5.52%,  from $6.48M in 2017 to $8.47M in 2022.

In 2020, Bulgaria exported services to Iceland worth $2.86M, with Computer and information services ($1.83M), Other business services ($914k), and Travel ($114k) being the largest in terms of value.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).