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
$71BCURRENT US$
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2012-2022
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GDP GROWTH
24%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
$18,413CURRENT US$
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2012-2022
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GDP PC GROWTH
37.3%CURRENT US$
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About

Bulgaria-Croatia In 2022, Bulgaria exported $424M to Croatia. The main products that Bulgaria exported to Croatia are Refined Copper ($108M), Refined Petroleum ($75.9M), and Knit Women's Suits ($15M). During the last 27 years the exports of Bulgaria to Croatia have increased at an annualized rate of 13.9%, from $12.6M in 1995 to $424M in 2022.

In 2020, Bulgaria exported services to Croatia worth $27.5M, with Other business services ($8.91M), Transportation ($8.57M), and Travel ($3.54M) being the largest in terms of value.

Croatia-Bulgaria In 2022, Croatia exported $161M to Bulgaria. The main products that Croatia exported to Bulgaria were Rolled Tobacco ($15.5M), Beauty Products ($12.6M), and Rock Wool ($5.82M). During the last 27 years the exports of Croatia to Bulgaria have increased at an annualized rate of 12.8%, from $6.27M in 1995 to $161M in 2022.

In 2020, Croatia exported services to Bulgaria worth $27M, with Other business services ($7.88M), Travel ($6.62M), and Insurance services ($4.57M) 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $424M to Croatia. The main products exported from Bulgaria to Croatia were Refined Copper ($108M), Refined Petroleum ($75.9M), and Knit Women's Suits ($15M). During the last 27 years the exports of Bulgaria to Croatia have increased at an annualized rate of 13.9%, from $12.6M in 1995 to $424M in 2022.

In 2022, Croatia exported $161M to Bulgaria. The main products exported from Croatia to Bulgaria were Rolled Tobacco ($15.5M), Beauty Products ($12.6M), and Rock Wool ($5.82M). During the last 27 years the exports of Croatia to Bulgaria have increased at an annualized rate of 12.8%, from $6.27M in 1995 to $161M in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Croatia (Flag)

Bulgaria Exports

Croatia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Croatia
Top Destination
Italy$3.44B

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

In 2021, countries that imported more from Bulgaria than Croatia were Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

In 2021, countries that imported more from Croatia than Bulgaria were Bosnia and Herzegovina ($2.45B), Slovenia ($2.87B), and Hungary ($2.65B).

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

Comparative Advantage Bulgaria - Croatia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Croatia in the exports of Metals ($137M), Mineral Products ($84.3M), and Chemical Products ($40.1M).

During 2022, Croatia had a large net trade with Bulgaria in the exports of Chemical Products ($29.9M), Foodstuffs ($28.9M), and Machines ($22.3M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Croatia worth $27.5M, with Other business services ($8.91M), Transportation ($8.57M), and Travel ($3.54M) being the largest in terms of value.

In 2020, Croatia exported services to Bulgaria worth $27M, with Other business services ($7.88M), Travel ($6.62M), and Insurance services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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