2022
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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
$115BCURRENT US$
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GDP GROWTH
30.9%CURRENT US$
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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
$6,391CURRENT US$
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GDP PC GROWTH
12.6%CURRENT US$
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About

Bulgaria-Ecuador In 2022, Bulgaria exported $10.3M to Ecuador. The main products that Bulgaria exported to Ecuador are Pesticides ($1.99M), Glass Bottles ($1.6M), and Medical Instruments ($1.13M). During the last 27 years the exports of Bulgaria to Ecuador have increased at an annualized rate of 21.8%, from $49.6k in 1995 to $10.3M in 2022.

In 2022, Bulgaria did not export any services to Ecuador.

Ecuador-Bulgaria In 2022, Ecuador exported $86.8M to Bulgaria. The main products that Ecuador exported to Bulgaria were Precious Metal Ore ($58.1M), Bananas ($21.7M), and Cut Flowers ($3.01M). During the last 27 years the exports of Ecuador to Bulgaria have increased at an annualized rate of 18.9%, from $806k in 1995 to $86.8M in 2022.

In 2022, Ecuador did not export any services to Bulgaria.

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $10.3M to Ecuador. The main products exported from Bulgaria to Ecuador were Pesticides ($1.99M), Glass Bottles ($1.6M), and Medical Instruments ($1.13M). During the last 27 years the exports of Bulgaria to Ecuador have increased at an annualized rate of 21.8%, from $49.6k in 1995 to $10.3M in 2022.

In 2022, Ecuador exported $86.8M to Bulgaria. The main products exported from Ecuador to Bulgaria were Precious Metal Ore ($58.1M), Bananas ($21.7M), and Cut Flowers ($3.01M). During the last 27 years the exports of Ecuador to Bulgaria have increased at an annualized rate of 18.9%, from $806k in 1995 to $86.8M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Ecuador (Flag)

Bulgaria Exports

Ecuador Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from Bulgaria than Ecuador were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2021, countries that imported more from Ecuador than Bulgaria were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Bulgaria - Ecuador

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Ecuador in the exports of Chemical Products ($3.7M), Stone And Glass ($1.75M), and Instruments ($1.69M).

During 2022, Ecuador had a large net trade with Bulgaria in the exports of Mineral Products ($58.1M), Vegetable Products ($24.8M), and Animal Products ($2.95M).

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

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

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