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Trade between Bulgaria and Spain

In 2024, Bulgaria exported $962 million to Spain and imported $909 million. Bulgaria ran a surplus of $53 million with Spain, compared with a deficit of $489 million in 2019. Spain was Bulgaria’s 13th largest trading partner (2% of its trade), and Bulgaria was Spain’s 57th (0.2%).

Summary

Bulgaria → Spain
$962million
Spain → Bulgaria
$909million
Bulgaria’s balance
$53million

Balance

Bulgaria’s trade balance with Spain

Trade between Bulgaria and Spain grew 11-fold since 1995

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

  • Exports 1
  • Imports 0.9
  • Balance +0.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$141 million$29 million$112 million
1996$158 million$35 million$123 million
1997$159 million$32 million$127 million
1998$151 million$61 million$90 million
1999$127 million$115 million$12 million
2000$116 million$107 million$9 million
2001$181 million$119 million$63 million
2002$228 million$163 million$65 million
2003$212 million$249 million-$37 million
2004$344 million$309 million$35 million
2005$463 million$348 million$114 million
2006$616 million$412 million$204 million
2007$404 million$558 million-$154 million
2008$495 million$639 million-$144 million
2009$522 million$588 million-$66 million
2010$522 million$415 million$107 million
2011$702 million$1.7 billion-$1 billion
2012$735 million$1.5 billion-$758 million
2013$663 million$1.7 billion-$1.1 billion
2014$662 million$1.7 billion-$1 billion
2015$610 million$1.4 billion-$766 million
2016$758 million$1.1 billion-$382 million
2017$886 million$1.8 billion-$918 million
2018$781 million$1.7 billion-$962 million
2019$890 million$1.4 billion-$489 million
2020$791 million$660 million$131 million
2021$1.1 billion$845 million$242 million
2022$1.3 billion$1.2 billion$161 million
2023$1.3 billion$975 million$364 million
2024$962 million$909 million$53 million

What they sell each other

What Bulgaria sells to Spain

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

  1. Wheat$89 million · 9.2%
    416 thousand tonnes · Spain’s sources
  2. Rubber tubes and hoses$46 million · 4.8%
    3 thousand tonnes
  3. 1 thousand tonnes · Spain’s sources
  4. 34 thousand tonnes
  5. Cables and wire$34 million · 3.5%
    2 thousand tonnes · Spain’s sources
  6. Glass bottles and jars$31 million · 3.3%
    29 thousand tonnes
  7. Control panels$31 million · 3.2%
    1 thousand tonnes
  8. 771 tonnes
  9. Auto parts$29 million · 3%
    2 thousand tonnes · Spain’s sources
  10. Sweaters and pullovers$24 million · 2.5%
    797 tonnes

What Spain sells to Bulgaria

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

  1. Pork$179 million · 19.7%
    50 thousand tonnes · Spain’s destinations
  2. 2 thousand tonnes · Spain’s destinations
  3. Cars$41 million · 4.5%
    3 thousand tonnes · Spain’s destinations
  4. Pesticides and herbicides$22 million · 2.4%
    2 thousand tonnes
  5. Other food preparations$16 million · 1.8%
    539 tonnes
  6. Perfumes$15 million · 1.7%
    366 tonnes · Spain’s destinations
  7. Auto parts$15 million · 1.7%
    1 thousand tonnes · Spain’s destinations
  8. 9 thousand tonnes
  9. 3 thousand tonnes
  10. 11 thousand tonnes

How it travels

Estimated sea route from Varna to Valencia.

The estimated sea route between Varna and Valencia is 1,768 nautical miles (3,275 km) long: ≈ 4–5.5 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

  1. Sea$1.6 billion · 88%
  2. Air$224 million · 12%

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

How much each matters to the other

Spain was Bulgaria’s 13th largest trading partner (2% of its trade), and Bulgaria was Spain’s 57th (0.2%).

Spain in Bulgaria’s trade
1.8%
Spain’s rank among Bulgaria’s partners
13th
Bulgaria in Spain’s trade
0.2%
Bulgaria’s rank among Spain’s partners
57th

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.