2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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 GDP
$4.07TCURRENT US$
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2012-2022
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GDP GROWTH
15.5%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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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
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About

Bulgaria-Germany In 2022, Bulgaria exported $6.91B to Germany. The main products that Bulgaria exported to Germany are Raw Copper ($865M), Precious Metal Ore ($569M), and Electrical Power Accessories ($227M). During the last 27 years the exports of Bulgaria to Germany have increased at an annualized rate of 9.97%, from $532M in 1995 to $6.91B in 2022.

In 2020, Bulgaria exported services to Germany worth $995M, with Computer and information services ($343M), Transportation ($282M), and Travel ($174M) being the largest in terms of value.

Germany-Bulgaria In 2022, Germany exported $5.63B to Bulgaria. The main products that Germany exported to Bulgaria were Cars ($423M), Packaged Medicaments ($264M), and Tractors ($173M). During the last 27 years the exports of Germany to Bulgaria have increased at an annualized rate of 7.07%, from $890M in 1995 to $5.63B in 2022.

In 2020, Germany exported services to Bulgaria worth $386M, with Transportation ($179M), Other business services ($122M), and Computer and information services ($59.4M) being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $6.91B to Germany. The main products exported from Bulgaria to Germany were Raw Copper ($865M), Precious Metal Ore ($569M), and Electrical Power Accessories ($227M). During the last 27 years the exports of Bulgaria to Germany have increased at an annualized rate of 9.97%, from $532M in 1995 to $6.91B in 2022.

In 2022, Germany exported $5.63B to Bulgaria. The main products exported from Germany to Bulgaria were Cars ($423M), Packaged Medicaments ($264M), and Tractors ($173M). During the last 27 years the exports of Germany to Bulgaria have increased at an annualized rate of 7.07%, from $890M in 1995 to $5.63B in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Germany (Flag)

Bulgaria Exports

Germany Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Bulgaria than Germany were Gibraltar ($552M) and Namibia ($203M).

In 2021, countries that imported more from Germany than Bulgaria were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Bulgaria - Germany

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Germany in the exports of Machines ($1.78B), Metals ($1.73B), and Transportation ($641M).

During 2022, Germany had a large net trade with Bulgaria in the exports of Machines ($1.75B), Transportation ($953M), and Chemical Products ($684M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Germany worth $995M, with Computer and information services ($343M), Transportation ($282M), and Travel ($174M) being the largest in terms of value.

In 2020, Germany exported services to Bulgaria worth $386M, with Transportation ($179M), Other business services ($122M), and Computer and information services ($59.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Germany (Flag) to Bulgaria (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 Bulgaria has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Bulgaria.

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

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