2022
Flag  
GDP
$89BCURRENT US$
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2012-2022
Flag
GDP GROWTH
64%CURRENT US$
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2022
Flag
GDP PC 
$13,772CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
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About

Bulgaria-Bhutan Trade: In 2021, Bulgaria exported $631k to Bhutan. The main products that Bulgaria exported to Bhutan were N/A. Over the past 11 years the exports of Bulgaria to Bhutan have increased at an annualized rate of 49.4%, from $7.61k in 2010 to $631k in 2021.

In 2021, Bulgaria did not export any services to Bhutan.

Bhutan-Bulgaria Trade: In 2021, Bhutan exported $262k to Bulgaria. The main products that Bhutan exported to Bulgaria were N/A. Over the past 11 years the exports of Bhutan to Bulgaria have increased at an annualized rate of 31.1%,  from $5.89k in 2010 to $262k in 2021.

In 2021, Bhutan did not export any services to Bulgaria.

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). That same year, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bulgaria exported $631k to Bhutan. There were not main exports from Bulgaria to Bhutan in 2021. During the last 11 years the exports of Bulgaria to Bhutan have increased at an annualized rate of 49.4%, from $7.61k in 2010 to $631k in 2021.

In 2007, Bhutan exported $262k to Bulgaria. There were not main exports from Bhutan to Bulgaria in 2007. During the last 5 years the exports of Bhutan to Bulgaria have increased at an annualized rate of 31.1%, from $5.89k in 2012 to $262k in 2007.

Exports from Bulgaria (Flag) to Bhutan (Flag) (2021)

Exports from Bhutan (Flag) to Bulgaria (Flag) (2021)

Latest Data

Trade between Bulgaria (Flag) and Bhutan (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Bhutan
Top Destination
India$343M

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

In 2022, countries that imported more from Bulgaria than Bhutan included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2022, countries that imported more from Bhutan than Bulgaria included Nepal ($7.44M).

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

Comparative Advantage Bulgaria - Bhutan

Flow
Scale

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

During 2021, Bulgaria had a large net trade with Bhutan in the exports of .

During 2007, Bhutan had a large net trade with Bulgaria in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bulgaria (Flag) and Bhutan (Flag) (2021)

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