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2022
Flag → Flag
Exports $60.8MRnk 126 / 219
2022
Flag → Flag
Top Product $16.4MRaw Aluminium
2022
Flag → Flag
Exports $173MRnk 42 / 206
2022
Flag → Flag
Top Product $10.6MWheat
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

United Arab Emirates-Bulgaria Trade: In 2022, United Arab Emirates exported $60.8M to Bulgaria. The main products that United Arab Emirates exported to Bulgaria were Raw Aluminium ($16.4M), Liquid Dispersing Machines ($12.5M), and Tobacco Processing Machines ($5.08M). Over the past 5 years the exports of United Arab Emirates to Bulgaria have increased at an annualized rate of 12.2%, from $34.2M in 2017 to $60.8M in 2022.

In 2022, United Arab Emirates did not export any services to Bulgaria.

Bulgaria-United Arab Emirates Trade: In 2022, Bulgaria exported $173M to United Arab Emirates. The main products that Bulgaria exported to United Arab Emirates were Wheat ($10.6M), Iron Pipe Fittings ($8.55M), and Low-voltage Protection Equipment ($8.49M). Over the past 5 years the exports of Bulgaria to United Arab Emirates have decreased at an annualized rate of 5.89%,  from $234M in 2017 to $173M in 2022.

In 2022, Bulgaria did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $60.8M to Bulgaria. The main products exported from United Arab Emirates to Bulgaria were Raw Aluminium ($16.4M), Liquid Dispersing Machines ($12.5M), and Tobacco Processing Machines ($5.08M). During the last 5 years the exports of United Arab Emirates to Bulgaria have increased at an annualized rate of 12.2%, from $34.2M in 2017 to $60.8M in 2022.

In 2017, Bulgaria exported $173M to United Arab Emirates. The main products exported from Bulgaria to United Arab Emirates were Wheat ($10.6M), Iron Pipe Fittings ($8.55M), and Low-voltage Protection Equipment ($8.49M). During the last 5 years the exports of Bulgaria to United Arab Emirates have decreased at an annualized rate of 5.89%, from $234M in 2022 to $173M in 2017.

Exports from United Arab Emirates (Flag) to Bulgaria (Flag) (2022)

Exports from Bulgaria (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Bulgaria (Flag)

United Arab Emirates Exports

Bulgaria Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from United Arab Emirates than Bulgaria included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Bulgaria than United Arab Emirates included Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

Difference in imports from Bulgaria (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Bulgaria

Flow
Scale

This chart compares trade between United Arab Emirates and Bulgaria by product, considering products traded by both, United Arab Emirates and Bulgaria.

During 2022, United Arab Emirates had a large net trade with Bulgaria in the exports of Metals ($22.2M), Machines ($20.6M), and Chemical Products ($4.57M).

During 2017, Bulgaria had a large net trade with United Arab Emirates in the exports of Machines ($58.9M), Vegetable Products ($13.7M), and Metals ($13.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Bulgaria+$5.88MRaw Aluminium
Top Product Potential Bulgaria United Arab Emirates+$8.31MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Bulgaria. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Bulgaria. Similarly, a dot/product with the flag of Bulgaria indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Bulgaria (Flag) (2022)

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