Summary
- Bulgaria → Italy
- $3.5billion
- Italy → Bulgaria
- $2.8billion
- Bulgaria’s balance
- $695million
Balance
Bulgaria’s trade balance with Italy
Trade between Bulgaria and Italy grew 6.8-fold since 1995
USD billions (current). Bulgaria’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 3.5
- Imports 2.8
- Balance +0.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $505 million | $421 million | $84 million |
| 1996 | $577 million | $369 million | $208 million |
| 1997 | $642 million | $390 million | $252 million |
| 1998 | $644 million | $443 million | $202 million |
| 1999 | $587 million | $491 million | $96 million |
| 2000 | $708 million | $593 million | $115 million |
| 2001 | $882 million | $675 million | $208 million |
| 2002 | $959 million | $902 million | $57 million |
| 2003 | $1.2 billion | $1.1 billion | $67 million |
| 2004 | $1.4 billion | $1.4 billion | $8 million |
| 2005 | $1.6 billion | $1.6 billion | -$31 million |
| 2006 | $1.7 billion | $2.1 billion | -$374 million |
| 2007 | $1.7 billion | $2.4 billion | -$706 million |
| 2008 | $1.7 billion | $2.8 billion | -$1 billion |
| 2009 | $1.6 billion | $1.8 billion | -$131 million |
| 2010 | $2.2 billion | $1.8 billion | $332 million |
| 2011 | $3 billion | $2.2 billion | $767 million |
| 2012 | $2.9 billion | $2 billion | $842 million |
| 2013 | $3.1 billion | $2.4 billion | $725 million |
| 2014 | $3 billion | $2.2 billion | $785 million |
| 2015 | $2.6 billion | $2.1 billion | $512 million |
| 2016 | $2.8 billion | $2 billion | $732 million |
| 2017 | $2.5 billion | $2.2 billion | $322 million |
| 2018 | $2.9 billion | $2.6 billion | $299 million |
| 2019 | $2.6 billion | $2.6 billion | -$25 million |
| 2020 | $2.4 billion | $2.3 billion | $71 million |
| 2021 | $3.4 billion | $2.7 billion | $677 million |
| 2022 | $4 billion | $3.1 billion | $889 million |
| 2023 | $4 billion | $3.2 billion | $890 million |
| 2024 | $3.5 billion | $2.8 billion | $695 million |
What they sell each other
What Bulgaria sells to Italy
The top 10 headings in 2024, with their share of the total.
What Italy sells to Bulgaria
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Varna and Genoa is 1,488 nautical miles (2,757 km) long: ≈ 3.5–4.5 days at sea (at 18 and 14 knots).
Passages it crosses: Bosporus and Dardanelles.
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Italy was Bulgaria’s 5th largest trading partner (6% of its trade), and Bulgaria was Italy’s 42nd (0.5%).
- Italy in Bulgaria’s trade
- 6.1%
- Italy’s rank among Bulgaria’s partners
- 5th
- Bulgaria in Italy’s trade
- 0.5%
- Bulgaria’s rank among Italy’s partners
- 42nd
Compare with
Other partners of Bulgaria
Other partners of Italy
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.