2022
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GDP
$471BCURRENT US$
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2012-2022
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GDP GROWTH
15.1%CURRENT US$
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2022
Flag
 GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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GDP PC 
$52,131CURRENT US$
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2012-2022
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GDP PC GROWTH
7.34%CURRENT US$
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2022
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GDP PC
$13,772CURRENT US$
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2012-2022
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GDP PC GROWTH
85.3%CURRENT US$
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About

Austria-Bulgaria In 2022, Austria exported $1.23B to Bulgaria. The main products that Austria exported to Bulgaria are Cars ($116M), Packaged Medicaments ($91.8M), and Tractors ($35.5M). During the last 27 years the exports of Austria to Bulgaria have increased at an annualized rate of 8.68%, from $130M in 1995 to $1.23B in 2022.

In 2020, Austria exported services to Bulgaria worth $276M, with Transportation ($69.7M), Other business services ($62.8M), and Computer and information services ($48M) being the largest in terms of value.

Bulgaria-Austria In 2022, Bulgaria exported $989M to Austria. The main products that Bulgaria exported to Austria were Motorcycles and cycles ($112M), Other Engines ($91.4M), and Industrial Fatty Acids, Oils and Alcohols ($86.3M). During the last 27 years the exports of Bulgaria to Austria have increased at an annualized rate of 11%, from $59.4M in 1995 to $989M in 2022.

In 2020, Bulgaria exported services to Austria worth $194M, with Computer and information services ($50.7M), Other business services ($41.2M), and Transportation ($38.3M) being the largest in terms of value.

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $1.23B to Bulgaria. The main products exported from Austria to Bulgaria were Cars ($116M), Packaged Medicaments ($91.8M), and Tractors ($35.5M). During the last 27 years the exports of Austria to Bulgaria have increased at an annualized rate of 8.68%, from $130M in 1995 to $1.23B in 2022.

In 2022, Bulgaria exported $989M to Austria. The main products exported from Bulgaria to Austria were Motorcycles and cycles ($112M), Other Engines ($91.4M), and Industrial Fatty Acids, Oils and Alcohols ($86.3M). During the last 27 years the exports of Bulgaria to Austria have increased at an annualized rate of 11%, from $59.4M in 1995 to $989M in 2022.

Exports from Austria (Flag) to Bulgaria (Flag) (2022)

Exports from Bulgaria (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Bulgaria (Flag)

Austria Exports

Bulgaria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Bulgaria
Top Destination
Germany$6.91B

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

In 2021, countries that imported more from Austria than Bulgaria were Germany ($57.7B), United States ($14.4B), and Switzerland ($11.2B).

In 2021, countries that imported more from Bulgaria than Austria were Romania ($6.55B), Greece ($2.93B), and Turkey ($2.95B).

Difference in imports from Bulgaria (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Bulgaria

Flow
Scale

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

During 2022, Austria had a large net trade with Bulgaria in the exports of Machines ($293M), Transportation ($190M), and Chemical Products ($181M).

During 2022, Bulgaria had a large net trade with Austria in the exports of Machines ($317M), Transportation ($140M), and Metals ($134M).

Service Trade

Bilateral Service Trade

In 2020, Austria exported services to Bulgaria worth $276M, with Transportation ($69.7M), Other business services ($62.8M), and Computer and information services ($48M) being the largest in terms of value.

In 2020, Bulgaria exported services to Austria worth $194M, with Computer and information services ($50.7M), Other business services ($41.2M), and Transportation ($38.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Bulgaria (Flag) (2020)

Services Exports from Bulgaria (Flag) to Austria (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Austria has comparative advantage over Bulgaria. Similarly, the more yellow a dot/product is, the more Bulgaria has comparative advantage over Austria.

Product Space of Austria (Flag) and Bulgaria (Flag) (2022)

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