Bulgaria (BGR) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Bulgaria-Romania In 2022, Bulgaria exported $6.55B to Romania. The main products that Bulgaria exported to Romania are Petroleum Gas ($1.48B), Electricity ($672M), and Industrial Fatty Acids, Oils and Alcohols ($361M). During the last 27 years the exports of Bulgaria to Romania have increased at an annualized rate of 18%, from $74.2M in 1995 to $6.55B in 2022.

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

Romania-Bulgaria In 2022, Romania exported $3.9B to Bulgaria. The main products that Romania exported to Bulgaria were Refined Petroleum ($361M), Crude Petroleum ($233M), and Sunflower Seeds ($185M). During the last 27 years the exports of Romania to Bulgaria have increased at an annualized rate of 16%, from $70.9M in 1995 to $3.9B in 2022.

In 2020, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

Comparison In 2022, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bulgaria exported $6.55B to Romania. The main products exported from Bulgaria to Romania were Petroleum Gas ($1.48B), Electricity ($672M), and Industrial Fatty Acids, Oils and Alcohols ($361M). During the last 27 years the exports of Bulgaria to Romania have increased at an annualized rate of 18%, from $74.2M in 1995 to $6.55B in 2022.

In 2022, Romania exported $3.9B to Bulgaria. The main products exported from Romania to Bulgaria were Refined Petroleum ($361M), Crude Petroleum ($233M), and Sunflower Seeds ($185M). During the last 27 years the exports of Romania to Bulgaria have increased at an annualized rate of 16%, from $70.9M in 1995 to $3.9B in 2022.

Exports from Bulgaria () to Romania () (2022)

Exports from Romania () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Romania ()

Bulgaria Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.91B

Romania
Top DestinationGermany$18.8B

This map shows whether countries import more from Bulgaria or Romania. Each country is colored based on the difference in imports they receive from Bulgaria and Romania or the difference in the growth in imports.

In 2021, countries that imported more from Bulgaria than Romania were Greece ($2.93B), North Macedonia ($780M), and Gibraltar ($552M).

In 2021, countries that imported more from Romania than Bulgaria were Germany ($18.8B), Hungary ($6.75B), and Italy ($9.55B).

Difference in imports from Romania () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bulgaria and Romania by product, considering products traded by both, Bulgaria and Romania.

During 2022, Bulgaria had a large net trade with Romania in the exports of Mineral Products ($2.41B), Chemical Products ($868M), and Metals ($675M).

During 2022, Romania had a large net trade with Bulgaria in the exports of Mineral Products ($747M), Metals ($534M), and Machines ($522M).

Service Trade

Bilateral Service Trade

Rou Year

Bgr Year

In 2020, Bulgaria exported services to Romania worth $288M, with Travel ($121M), Transportation ($109M), and Other business services ($26.7M) being the largest in terms of value.

In 2020, Romania exported services to Bulgaria worth $353M, with Transportation ($172M), Other business services ($71.3M), and Communications services ($28.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bulgaria () to Romania () (2020)

Services Exports from Romania () to Bulgaria () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Bulgaria has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Bulgaria.

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Romania () (2022)

Exports from Romania () to Bulgaria () (2022)

Latest Data

Trade between Bulgaria () and Romania ()

Bulgaria Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Bulgaria () (2022)

Comparative Advantage Bulgaria - Romania

Service Trade

Bilateral Service Trade

Services Exports from Bulgaria () to Romania () (2020)

Services Exports from Romania () to Bulgaria () (2020)

Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Romania () (2022)

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