2022
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GDP
$89BCURRENT US$
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GDP GROWTH
64%CURRENT US$
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 GDP
$2.24TCURRENT US$
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GDP GROWTH
1.45%CURRENT US$
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GDP PC 
$13,772CURRENT US$
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GDP PC GROWTH
85.3%CURRENT US$
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GDP PC
$15,345CURRENT US$
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GDP PC GROWTH
-0.49%CURRENT US$
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About

Bulgaria-Russia In 2022, Bulgaria exported $512M to Russia. The main products that Bulgaria exported to Russia are Packaged Medicaments ($223M), Chocolate ($19.7M), and Animal Food ($19.7M). During the last 26 years the exports of Bulgaria to Russia have increased at an annualized rate of 0.21%, from $484M in 1996 to $512M in 2022.

In 2020, Bulgaria exported services to Russia worth $239M, with Transportation ($182M), Travel ($33.8M), and Other business services ($12.6M) being the largest in terms of value.

Russia-Bulgaria In 2022, Russia exported $5.55B to Bulgaria. The main products that Russia exported to Bulgaria were Crude Petroleum ($3.03B), Petroleum Gas ($1.13B), and Refined Petroleum ($614M). During the last 26 years the exports of Russia to Bulgaria have increased at an annualized rate of 4.07%, from $1.97B in 1996 to $5.55B in 2022.

In 2020, Russia exported services to Bulgaria worth $122M, with Transportation ($52.1M), Other business services ($26.5M), and Computer and information services ($16.3M) being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $512M to Russia. The main products exported from Bulgaria to Russia were Packaged Medicaments ($223M), Chocolate ($19.7M), and Animal Food ($19.7M). During the last 26 years the exports of Bulgaria to Russia have increased at an annualized rate of 0.21%, from $484M in 1996 to $512M in 2022.

In 2022, Russia exported $5.55B to Bulgaria. The main products exported from Russia to Bulgaria were Crude Petroleum ($3.03B), Petroleum Gas ($1.13B), and Refined Petroleum ($614M). During the last 26 years the exports of Russia to Bulgaria have increased at an annualized rate of 4.07%, from $1.97B in 1996 to $5.55B in 2022.

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

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

Latest Data

Trade between Bulgaria (Flag) and Russia (Flag)

Bulgaria Exports

Russia Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Russia
Top Destination
China$101B

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

In 2021, countries that imported more from Bulgaria than Russia were Romania ($6.55B), Austria ($989M), and Gibraltar ($552M).

In 2021, countries that imported more from Russia than Bulgaria were China ($101B), India ($40.4B), and Turkey ($25.3B).

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

Comparative Advantage Bulgaria - Russia

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Russia in the exports of Chemical Products ($279M), Machines ($96.1M), and Foodstuffs ($61.5M).

During 2022, Russia had a large net trade with Bulgaria in the exports of Mineral Products ($5.01B), Metals ($257M), and Chemical Products ($166M).

Service Trade

Bilateral Service Trade

In 2020, Bulgaria exported services to Russia worth $239M, with Transportation ($182M), Travel ($33.8M), and Other business services ($12.6M) being the largest in terms of value.

In 2020, Russia exported services to Bulgaria worth $122M, with Transportation ($52.1M), Other business services ($26.5M), and Computer and information services ($16.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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