Summary
- Bulgaria → Turkey
- $3.2billion
- Turkey → Bulgaria
- $4.5billion
- Bulgaria’s balance
- -$1.3billion
Balance
Bulgaria’s trade balance with Turkey
Trade between Bulgaria and Turkey grew 13.2-fold since 1995
USD billions (current). Bulgaria’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 3.2
- Imports 4.5
- Balance -1.3
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $402 million | $183 million | $219 million |
| 1996 | $386 million | $124 million | $262 million |
| 1997 | $461 million | $129 million | $332 million |
| 1998 | $392 million | $194 million | $198 million |
| 1999 | $311 million | $210 million | $102 million |
| 2000 | $489 million | $238 million | $251 million |
| 2001 | $427 million | $276 million | $152 million |
| 2002 | $550 million | $418 million | $132 million |
| 2003 | $725 million | $699 million | $26 million |
| 2004 | $1.1 billion | $938 million | $176 million |
| 2005 | $1.2 billion | $1.1 billion | $101 million |
| 2006 | $1.8 billion | $1.5 billion | $268 million |
| 2007 | $2 billion | $2.2 billion | -$103 million |
| 2008 | $1.9 billion | $2.1 billion | -$212 million |
| 2009 | $1.2 billion | $1.3 billion | -$128 million |
| 2010 | $1.8 billion | $1.4 billion | $373 million |
| 2011 | $2.5 billion | $1.6 billion | $950 million |
| 2012 | $2.8 billion | $1.6 billion | $1.2 billion |
| 2013 | $2.9 billion | $2.1 billion | $788 million |
| 2014 | $3 billion | $2.1 billion | $937 million |
| 2015 | $2.5 billion | $1.7 billion | $781 million |
| 2016 | $2.2 billion | $2 billion | $188 million |
| 2017 | $2.9 billion | $2.4 billion | $493 million |
| 2018 | $2.9 billion | $2.5 billion | $382 million |
| 2019 | $2.4 billion | $2.6 billion | -$131 million |
| 2020 | $2.1 billion | $2.5 billion | -$429 million |
| 2021 | $2.6 billion | $3.7 billion | -$1.1 billion |
| 2022 | $2.8 billion | $4.9 billion | -$2.1 billion |
| 2023 | $2.7 billion | $4.4 billion | -$1.7 billion |
| 2024 | $3.2 billion | $4.5 billion | -$1.3 billion |
What they sell each other
What Bulgaria sells to Turkey
The top 10 headings in 2024, with their share of the total.
What Turkey 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 Istanbul is 149 nautical miles (276 km) long: ≈ 0.5 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
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
Turkey was Bulgaria’s 3rd largest trading partner (7% of its trade), and Bulgaria was Turkey’s 19th (1%).
- Turkey in Bulgaria’s trade
- 7.5%
- Turkey’s rank among Bulgaria’s partners
- 3rd
- Bulgaria in Turkey’s trade
- 1.3%
- Bulgaria’s rank among Turkey’s partners
- 19th
Compare with
Other partners of Bulgaria
Other partners of Turkey
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.