2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 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
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Bulgaria-North Macedonia In 2022, Bulgaria exported $780M to North Macedonia. The main products that Bulgaria exported to North Macedonia are Electricity ($214M), Refined Petroleum ($97.3M), and Scrap Iron ($45.5M). During the last 27 years the exports of Bulgaria to North Macedonia have increased at an annualized rate of 4.43%, from $242M in 1995 to $780M in 2022.

In 2022, Bulgaria did not export any services to North Macedonia.

North Macedonia-Bulgaria In 2022, North Macedonia exported $443M to Bulgaria. The main products that North Macedonia exported to Bulgaria were Lead Ore ($71.8M), Copper Ore ($68.2M), and Zinc Ore ($55.2M). During the last 27 years the exports of North Macedonia to Bulgaria have increased at an annualized rate of 2.05%, from $256M in 1995 to $443M in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.16), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $780M to North Macedonia. The main products exported from Bulgaria to North Macedonia were Electricity ($214M), Refined Petroleum ($97.3M), and Scrap Iron ($45.5M). During the last 27 years the exports of Bulgaria to North Macedonia have increased at an annualized rate of 4.43%, from $242M in 1995 to $780M in 2022.

In 2022, North Macedonia exported $443M to Bulgaria. The main products exported from North Macedonia to Bulgaria were Lead Ore ($71.8M), Copper Ore ($68.2M), and Zinc Ore ($55.2M). During the last 27 years the exports of North Macedonia to Bulgaria have increased at an annualized rate of 2.05%, from $256M in 1995 to $443M in 2022.

Exports from Bulgaria (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and North Macedonia (Flag)

Bulgaria Exports

North Macedonia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
North Macedonia
Top Destination
Germany$3.96B

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

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

In 2021, countries that imported more from North Macedonia than Bulgaria were Montenegro ($40.3M) and Bosnia and Herzegovina ($106M).

Difference in imports from North Macedonia (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - North Macedonia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with North Macedonia in the exports of Mineral Products ($348M), Metals ($127M), and Machines ($53M).

During 2022, North Macedonia had a large net trade with Bulgaria in the exports of Mineral Products ($201M), Metals ($73.4M), and Plastics and Rubbers ($39.9M).

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

Product Space of Bulgaria (Flag) and North Macedonia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with