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Trade between Belgium and Bulgaria

In 2024, Belgium exported $649 million to Bulgaria and imported $1 billion. Belgium ran a deficit of $398 million with Bulgaria, compared with a deficit of $261 million in 2019. Bulgaria was Belgium’s 45th largest trading partner (0.2% of its trade), and Belgium was Bulgaria’s 16th (2%).

Summary

Belgium → Bulgaria
$649million
Bulgaria → Belgium
$1billion
Belgium’s balance
-$398million

Balance

Belgium’s trade balance with Bulgaria

Trade between Belgium and Bulgaria grew 9.2-fold since 1995

USD billions (current). Belgium’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.6
  • Imports 1
  • Balance -0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$94 million$90 million$4 million
1996$69 million$90 million-$20 million
1997$71 million$117 million-$46 million
1998$102 million$205 million-$103 million
1999$98 million$229 million-$130 million
2000$103 million$430 million-$327 million
2001$108 million$286 million-$178 million
2002$114 million$308 million-$195 million
2003$156 million$466 million-$310 million
2004$215 million$619 million-$404 million
2005$230 million$731 million-$501 million
2006$278 million$1 billion-$759 million
2007$460 million$1.2 billion-$741 million
2008$518 million$1.4 billion-$840 million
2009$361 million$1.1 billion-$704 million
2010$476 million$887 million-$411 million
2011$549 million$1.5 billion-$956 million
2012$561 million$1 billion-$487 million
2013$622 million$914 million-$292 million
2014$683 million$1.3 billion-$605 million
2015$652 million$1 billion-$359 million
2016$650 million$741 million-$91 million
2017$698 million$1.3 billion-$594 million
2018$739 million$1.1 billion-$405 million
2019$689 million$951 million-$261 million
2020$648 million$1.2 billion-$515 million
2021$862 million$1.3 billion-$461 million
2022$1 billion$1.3 billion-$246 million
2023$1.1 billion$1.6 billion-$431 million
2024$649 million$1 billion-$398 million

What they sell each other

What Belgium sells to Bulgaria

The top 10 headings in 2024, with their share of the total.

  1. Tractors$45 million · 6.9%
    4 thousand tonnes · Belgium’s destinations
  2. 23 thousand tonnes
  3. Pork$26 million · 4%
    10 thousand tonnes · Belgium’s destinations
  4. Refined petroleum$23 million · 3.6%
    10 thousand tonnes · Belgium’s destinations
  5. Vaccines, blood and antisera$19 million · 2.9%
    16 tonnes · Belgium’s destinations
  6. 430 tonnes · Belgium’s destinations
  7. Chocolate$17 million · 2.6%
    2 thousand tonnes · Belgium’s destinations
  8. Frozen vegetables$16 million · 2.5%
    14 thousand tonnes
  9. Spark-ignition engines$16 million · 2.4%
    468 tonnes
  10. Cables and wire$14 million · 2.2%
    496 tonnes

What Bulgaria sells to Belgium

The top 10 headings in 2024, with their share of the total.

  1. Unrefined copper$447 million · 42.7%
    35 thousand tonnes
  2. Refined petroleum$84 million · 8.1%
    64 thousand tonnes · Bulgaria’s destinations
  3. Microphones and speakers$22 million · 2.1%
    111 tonnes
  4. Motorcycles$19 million · 1.8%
    841 tonnes
  5. 329 tonnes · Belgium’s sources
  6. Rubber tubes and hoses$18 million · 1.7%
    931 tonnes
  7. Pet and animal feed$17 million · 1.6%
    3 thousand tonnes
  8. Rapeseed and mustard oil$12 million · 1.2%
    13 thousand tonnes
  9. Aluminum bars and profiles$12 million · 1.2%
    2 thousand tonnes
  10. 1 thousand tonnes

How it travels

Estimated sea route from Antwerp to Varna.

The estimated sea route between Antwerp and Varna is 3,427 nautical miles (6,347 km) long: ≈ 8–10 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Dover, Strait of Gibraltar, Dardanelles and Bosporus.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.5 billion · 85.6%
  2. Air$245 million · 14.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Bulgaria was Belgium’s 45th largest trading partner (0.2% of its trade), and Belgium was Bulgaria’s 16th (2%).

Bulgaria in Belgium’s trade
0.2%
Bulgaria’s rank among Belgium’s partners
45th
Belgium in Bulgaria’s trade
1.6%
Belgium’s rank among Bulgaria’s partners
16th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.