2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Bulgaria-Estonia Trade: In 2022, Bulgaria exported $99.5M to Estonia. The main products that Bulgaria exported to Estonia were Silver ($28.6M), Industrial Fatty Acids, Oils and Alcohols ($23.9M), and Explosive Ammunition ($6.07M). Over the past 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 28.3%, from $28.6M in 2017 to $99.5M in 2022.

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 2022, Estonia exported $92.3M to Bulgaria. The main products that Estonia exported to Bulgaria were Gold ($36.3M), Concentrated Milk ($5.09M), and Propylene Polymers ($3.96M). Over the past 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 13.5%,  from $49.1M in 2017 to $92.3M in 2022.

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 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $99.5M to Estonia. The main products exported from Bulgaria to Estonia were Silver ($28.6M), Industrial Fatty Acids, Oils and Alcohols ($23.9M), and Explosive Ammunition ($6.07M). During the last 5 years the exports of Bulgaria to Estonia have increased at an annualized rate of 28.3%, from $28.6M in 2017 to $99.5M in 2022.

In 2017, Estonia exported $92.3M to Bulgaria. The main products exported from Estonia to Bulgaria were Gold ($36.3M), Concentrated Milk ($5.09M), and Propylene Polymers ($3.96M). During the last 5 years the exports of Estonia to Bulgaria have increased at an annualized rate of 13.5%, from $49.1M in 2022 to $92.3M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Estonia (Flag)

Bulgaria Exports

Estonia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Estonia than Bulgaria included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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 2022, Bulgaria had a large net trade with Estonia in the exports of Precious Metals ($34.7M), Chemical Products ($26.1M), and Machines ($11.5M).

During 2017, Estonia had a large net trade with Bulgaria in the exports of Precious Metals ($38.7M), Machines ($15.5M), and Plastics and Rubbers ($7.76M).

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) (2022)

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