2023
Flag  
GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
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GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
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 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$15,886CURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195
2023
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GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
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GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Bulgaria-Estonia Trade: In 2023, Bulgaria exported $49.8M to Estonia. The main products that Bulgaria exported to Estonia were Silver ($12.7M), Electrical Transformers ($3.15M), and Raw Plastic Sheeting ($2.06M). Over the past 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 12.9%, from $27.2M in 2018 to $49.8M in 2023.

In 2020, Bulgaria exported services to Estonia worth $6.4M, with Computer and information services ($2.17M), Transportation ($1.6M), and Travel ($1.03M) being the largest in terms of value.

Estonia-Bulgaria Trade: In 2023, Estonia exported $165M to Bulgaria. The main products that Estonia exported to Bulgaria were Gold ($57.7M), Ammonia ($29.2M), and Other Sea Vessels ($14.1M). Over the past 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 28.7%,  from $46.7M in 2018 to $165M in 2023.

In 2020, Estonia exported services to Bulgaria worth $17.2M, with Transportation ($9.02M), Other business services ($3.54M), and Travel ($2.4M) being the largest in terms of value.

Comparison In 2023,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69),  and 59 in total exports ($50.6B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bulgaria exported $49.8M to Estonia. The main products exported from Bulgaria to Estonia were Silver ($12.7M), Electrical Transformers ($3.15M), and Raw Plastic Sheeting ($2.06M). During the last 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 12.9%, from $27.2M in 2018 to $49.8M in 2023.

In 2018, Estonia exported $165M to Bulgaria. The main products exported from Estonia to Bulgaria were Gold ($57.7M), Ammonia ($29.2M), and Other Sea Vessels ($14.1M). During the last 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 28.7%, from $46.7M in 2023 to $165M in 2018.

Exports from Bulgaria (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Bulgaria (Flag) (2023)

Latest Data

Trade between Bulgaria (Flag) and Estonia (Flag)

Bulgaria Exports

Estonia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.84B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Bulgaria than Estonia included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

In 2023, countries that imported more from Estonia than Bulgaria included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Bulgaria (Flag) (2023)

Comparative Advantage Bulgaria - Estonia

Flow
Scale

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

During 2023, Bulgaria had a large net trade with Estonia in the exports of Precious Metals ($13M), Machines ($12M), and Metals ($3.64M).

During 2018, Estonia had a large net trade with Bulgaria in the exports of Precious Metals ($65M), Chemical Products ($35.9M), and Transportation ($20.4M).

Bilateral Service Trade

In 2020, Bulgaria exported services to Estonia worth $6.4M, with Computer and information services ($2.17M), Transportation ($1.6M), and Travel ($1.03M) being the largest in terms of value.

In 2020, Estonia exported services to Bulgaria worth $17.2M, with Transportation ($9.02M), Other business services ($3.54M), and Travel ($2.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Bulgaria (Flag) and Estonia (Flag) (2023)

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