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Pricing

2022
Flag → Flag
Exports $134MRnk 51 / 206
2022
Flag → Flag
Top Product $17MMachinery Having Individual Functions
2022
Flag → Flag
Exports $82.9MRnk 21 / 127
2022
Flag → Flag
Top Product $28.1MStyrene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
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GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Bulgaria-Iran Trade: In 2022, Bulgaria exported $134M to Iran. The main products that Bulgaria exported to Iran were Machinery Having Individual Functions ($17M), Vaccines, blood, antisera, toxins and cultures ($8.66M), and Liquid Pumps ($8.5M). Over the past 5 years the exports of Bulgaria to Iran have increased at an annualized rate of 12.9%, from $73.1M in 2017 to $134M in 2022.

In 2009, Bulgaria exported services to Iran worth $25.6M, with Services not allocated ($12.8M), Travel ($11.9M), and Transportation ($906k) being the largest in terms of value.

Iran-Bulgaria Trade: In 2022, Iran exported $82.9M to Bulgaria. The main products that Iran exported to Bulgaria were Styrene Polymers ($28.1M), Ethylene Polymers ($23M), and Ferroalloys ($9.97M). Over the past 5 years the exports of Iran to Bulgaria have increased at an annualized rate of 6.24%,  from $61.3M in 2017 to $82.9M in 2022.

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

Comparison: In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $134M to Iran. The main products exported from Bulgaria to Iran were Machinery Having Individual Functions ($17M), Vaccines, blood, antisera, toxins and cultures ($8.66M), and Liquid Pumps ($8.5M). During the last 5 years the exports of Bulgaria to Iran have increased at an annualized rate of 12.9%, from $73.1M in 2017 to $134M in 2022.

In 2017, Iran exported $82.9M to Bulgaria. The main products exported from Iran to Bulgaria were Styrene Polymers ($28.1M), Ethylene Polymers ($23M), and Ferroalloys ($9.97M). During the last 5 years the exports of Iran to Bulgaria have increased at an annualized rate of 6.24%, from $61.3M in 2022 to $82.9M in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Iran (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Bulgaria included China ($5.72B), Kuwait ($960M), and Pakistan ($762M).

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

Comparative Advantage Bulgaria - Iran

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Iran in the exports of Machines ($69.6M), Chemical Products ($28.5M), and Transportation ($8.37M).

During 2017, Iran had a large net trade with Bulgaria in the exports of Plastics and Rubbers ($52M), Metals ($17.2M), and Stone And Glass ($6.17M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Iran+$3.82MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Iran Bulgaria+$2.67MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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